Listed by Newmark Mountain West
$499,000
1393 Cambridge Dr
Details
APN RPA1422009005B
Property Type Office
Sub Type Traditional Office
Square Footage 4,600
Cap Rate 9.14%
NOI $45,606
Occupancy 50%
Tenancy Multi
Lease Type Modified
Class C
Year Built 1967
Office | 9.14% CAP | 4,600 SqFt
Marketing description
This 4,600 SF building includes two commercial office suites with both main floor and basement levels. Unit 1393 (2,200 SF) is currently occupied, while Unit 1395 (2,400 SF) is available for lease. The basement level also offers potential for future conversion to residential apartment use, making this a flexible investment opportunity in a prime location.
Investment highlights
Mixed-use 4,600 SF building in central Idaho Falls
1393 Cambridge: 2,200 SF (occupied) | 1395 Cambridge: 2,400 SF (available for lease)
Two commercial office spaces available, featuring both main floor and basement levels
Basement offers potential for conversion to residential apartment use
Listing Contacts
Listed by Newmark Mountain West
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,606.00
$3,800.50/mo
Valuation Metrics
0
DSCR
9.14%
Cap Rate
9.14%
ROI
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