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15447803
15447804

2 Locations For Sale

DL
ID AB19245
Homes of Idaho
Listed by Homes of Idaho
$999,900
859 days on market
Updated 130 days ago

Manser Ford

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 27,519
Net Rentable (SqFt) 27,519
Cap Rate 5.00%
Occupancy 30%
Tenancy Single
Lease Type Gross
Lease Term 3.5
Lease Expiration 06/30/2026
Lease Options OWC Owner is willing to carry contract with 30% down
Price per SqFt $36
Broker Co-Op Yes
Class B
Year Built 1934
Year Renovated 2020
Buildings 1
Stories 2
Lot Size (SqFt) 34,800 - 69,600
Zoning C-1
Investment Type Value Add
Tenant Credit Credit Rated, No Credit Rating
Lease Commencement 01/01/2023
Occupancy Date 04/30/2025
Ground Lease No
Ownership Barry N Schroeder Trust
Sale Condition 1031 exchange

Business and Building are also available together call Broker for details.Seller is willing to carry

Marketing description

Payette city landmark the original Mansers Ford dealership built in 1934 and run continuously until 1989. Since the dealership closed the building has been used as auto repair shop and a Liquor retail store in a small portion of the frontage. Currently owned by an investor who has a light manufacturing operation occupying a portion of the building. The property does include a .4 acre vacant lot to the rear of the building which could have multiple applications under the C-1 zoning.The Owner has a light manufacturing company occupying a portion of the main floor. That business is also for sale. Owner is willing to carry the contract with 30% down @ 5%. 30 year amortization with a balloon in 10 years!

Call for details and company financials (208)-901-5700 or email [email protected] for more information.

Listing Contacts

DL
ID AB19245
Homes of Idaho
Listed by Homes of Idaho

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