Prime 1.385 acre commercial parcel located at the SE corner of Highway 55 and Highway 95 in downtown New Meadows, Idaho. Partially occupied by a freestanding Subway restaurant with a lease running to 2035 and an NOI of approximately $16,000/year. About 1 acre of unoccupied high visibility land is ready for your development ideas. The entire parcel has 330 feet of Highway 55 frontage. The property has been deed restricted to prohibit a gas station use. Zoning is Central Business District for City of New Meadows. The property received closure on an environmental remediation from DEQ in June of 2000.
Opportunity awaits with this 1700 SF prime location highway front building with potential for business/residential zoning. The property has deep history in New Meadows. The building could have a living quarters in the back with a business in the front. Uses include coffee shop, soup/sandwich shop, internet hub, small group gatherings, pastry/bakery, retail, taxidermy, etc. Let your imagination run! The progressive town of New Meadows is open for ideas. The interior needs some finishing so it's an open canvas. Electrical is up to code, 3 year old metal roof, 5-10 parking spaces. Large electrical advertising sign included. Structure was built in the 1940's, we're not sure exactly what year. Make an offer!
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New Meadows is located in Idaho. New Meadows, Idaho has a population of 395. New Meadows is more family-centric than the surrounding county with 26.14% of the households containing married families with children. The county average for households married with children is 21.48%.
The median household income in New Meadows, Idaho is $52,411. The median household income for the surrounding county is $52,746 compared to the national median of $69,021. The median age of people living in New Meadows is 33.3 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 10.1 degrees. The average rainfall is approximately 21.9 inches per year, with 98.9 inches of snow per year.
