Presenting a fully occupied, mixed-use investment property ideally located just off Yellowstone Highway/Hwy 91 in the heart of Shelley. This newly renovated asset features front and back office space with updated interiors, offering a modern and functional environment for tenants. Priced at $411,670 with a 7.5% CAP rate, this turnkey property provides a stable income stream and strong return potential. Its strategic location and quality updates make it a compelling opportunity for investors seeking long-term value in a growing area.
Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with all four units fully leasedâ??two at $1,250 per month and the other two at $1,450 per monthâ??providing stable, ongoing rental income. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value appreciation as the area continues to develop. Additionally, ample space on the parcels could allow for future expansions or additional enhancements to further maximize return on investment.
***BACK ON THE MARKET TO SELLER'S FAULT *** Perfect Location in the heart of Shelley. Ideal for retail, reception venue or office space. The main floor features large glass windows on the front of the building, just want you want to showcase your products or your business. Large overhead garage door on the back for easy loading. There are two bathrooms on the main floor as well as a small storage area. Come and take a look at this spacious building before it's gone! *** This building has a new membrane roof***
Perfect Location in the heart of Shelley. Boasting over 12,000 square feet of space. Ideal for retail, reception venue or office space. The main floor features large glass windows on the front of the building, just want you want to showcase your products or your business. Beautiful hardwood floors cover the 3/4 of main floor. Large overhead garage door on the back for easy loading. There are two bathrooms on the main floor as well as a small storage area. There are two stair cases that lead to the basement. The one on the showroom leads to the finished area of the basement. The one on the back of the building leads to the unfinished portion of the basement. Come and take a look at this spacious building before it's gone!
This building has become a local icon in Shelley. You can use this 3-story building in creating your own business dreams. Many updates have been made to this turn of the century building that has had a full remodel in 2020. Once you step through the front door you will feel like you just stepped across state lines and ended up in the South. The custom interior walls are beautifully designed chevron style stained barnwood. From the main floor or in the overflow seating area of the basement you will be taken back by the workmanship of the real wood counter tops sealed with clear food-grade epoxy so you can appreciate the real wood grain. With the recent remodel there has been a red brick face and gold stucco trim on the front exterior face. There are updates from the remodel your patrons won't see but will help you feel confident in your purchase = new roof, updated electrical, removal of old- installation of new insulation, and main floor fire suppression system. From back of the building, you can access the 3rd floor with a tastefully updated loft that with city approval / exemption can be used as an apartment. There are many bonus areas on this property including a small, yard. Add. pics to come. This is the building only, previous tennant has removed equipment and tables
Perfect Location in the heart of Shelley. Boasting 160000 square feet. Ideal for retail, reception venue or office space. The main floor features large glass windows on the front of the building, just want you want to showcase your products or your business. Beautiful hardwood floors cover the 3/4 of main floor. Large overhead garage door on the back for easy loading. There are two bathrooms on the main floor as well as a small storage area. There are two stair cases that lead to the basement. The one on the showroom leads to the finished area of the basement. The one on the back of the building leads to the unfinished portion of the basement. Come and take a look at this spacious building before it's gone! *** one half of the building has a new membrane roof*** Buildings are also listed separately. Building 148 @ $250,000 MLS # 2142305 . building 140 @ $450,000 MLS #2142309.
Shelley is located in Idaho. Shelley, Idaho has a population of 4,784. Shelley is more family-centric than the surrounding county with 43.64% of the households containing married families with children. The county average for households married with children is 37.2%.
The median household income in Shelley, Idaho is $61,707. The median household income for the surrounding county is $63,106 compared to the national median of $69,021. The median age of people living in Shelley is 29.8 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 12 inches per year, with 40.7 inches of snow per year.
