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21983953
21983954

205 Shoshone St N, Twin Falls, ID 83301

TW
ID ID SP45677
Colliers - Twin Falls, Idaho
LM
ID AB31461
Colliers - Boise, Idaho
Listed by Colliers - Twin Falls, Idaho, Colliers - Boise, Idaho
$6,708,500
468 days on market
Updated 18 days ago
Opportunity zone

The Historic Elks Building

Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 35,811
Cap Rate 6.12%
Year Built 1922
Year Renovated 2018
Acreage 0.252

The Historic Elks Building for Sale

Marketing description

Constructed in 1922, the Historic Elks Lodge Building was originally commissioned by the Benevolent and Protective

Order of the Elks. The Elks occupied the majority of the building but rented out the store fronts below to various

businesses. In the late ‘90s, the building was sold and spent roughly 15 years operating as an event center under various

names. Most recently, the building was used as the Historic Ballroom to host many special events and social functions

until the renovation in 2018 to what you see today.

Investment highlights

• Beautifully restored historic building in Downtown Core

• Fast growing area--Twin Falls Metro has grown by more than 50% since 2000

• Listed on the National Registry of Historic Places

• Market Vacancy is under 1% for the Magic Valley

• Diverse office tenant mix including established restaurant/brewery operation

• Below replacement cost +/- $500 PSF

• Upside in rents in the near term

• Liquor license available separately

• On-site property management

Listing Contacts

TW
ID ID SP45677
Colliers - Twin Falls, Idaho
LM
ID AB31461
Colliers - Boise, Idaho
Listed by Colliers - Twin Falls, Idaho, Colliers - Boise, Idaho

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Additional Information

Name
Tami Walker
License
ID SP45677
Brokerage
Colliers
Brokerage Phone
2084204601
Title
Real Estate Agent
Brokerage Address
205 Shoshone Street North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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