Income-producing property just outside Elk River, ID! This .34-acre lot features a 36.5’ x 108.5’ storage building that currently brings in $1,200 per month in rental income. The property already cash flows, making it a smart investment from day one. With space to work with and a solid structure in place, this unit and lot offer plenty of flexibility for expansion or creative uses—add more storage, customize the existing building, or explore new ways to generate revenue. Conveniently located near Elk River, this property is perfectly positioned to serve the growing demand for storage in the area. Whether you’re an investor looking for steady monthly income or a buyer with a vision for future development, the potential here is undeniable. Bring your creativity and make this versatile property your next income-producing opportunity.
Elk River is located in Idaho. Elk River, Idaho has a population of 121. Elk River is less family-centric than the surrounding county with 5.88% of the households containing married families with children. The county average for households married with children is 20.8%.
The median household income in Elk River, Idaho is $41,250. The median household income for the surrounding county is $50,787 compared to the national median of $69,021. The median age of people living in Elk River is 58.9 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 37.5 inches per year, with 95.5 inches of snow per year.
