Fully Leased DT Orofino Building
FULLY LEASED BUILDING for Sale | 8.30% CAP | 4,985 SF
Marketing description
25'x100' COMPLETELY RENOVATED building in downtown Orofino, ID. The main floor is set up and leased to an Art/Dance Studio. The remainder of the main floor is storage area, two bathrooms and kitchen area. Could also easily be converted into merchandising or restaurant space. The upper floor features two rented apartments that were just remodeled in 2023/2024. There is an added storage area and extra bath off the storage room as well. The storage area could be turned into a coin-op laundry area for the tenant's to use as there are no laundry facilities in either unit. Tenant's currently go to the local laundromat.
Investment highlights
Leased apartments upstairs generating $2600/month income total. Street level space is being leased to an Art and Dance studio. $1500/month. Total leased space equals $4,100/month in total income. Extra storage space upstairs and in the main retail space. Back of the building has alley access. Location is ideal right in DT Orofino.
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