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28650348
28650349

1120 S Lincoln Ave, Jerome, ID 83338 For Sale

AN
ID, ID SP39275
Summit Commercial Real Estate Group
LH
ID DB28514
Summit Commercial Real Estate Group
JK
ID, ID SP44973
Summit Commercial Real Estate Group
Listed by Summit Commercial Real Estate Group
$1,700,000
238 days on market
Updated 24 days ago

Lincoln Plaza Sale - $1,700,000 - NOI $63,920 - 23,000 SF

Details
APN RPJ13701610120A, 30A, 40A
Property Type Land, Retail
Sub Type Commercial, Shopping Center (+1)
Square Footage 23,000
Units 7
NOI $63,920
Tenancy Multi
Price per SqFt $74
Broker Co-Op Yes
Class B
Year Built 1975
Buildings 1
Stories 1
Acreage 5.115
Zoning C2 GENERAL BUSINESS
Investment Type Owner/User

Lincoln Retail Plaza For Sale $1,700,000 - NOI $63,920 - 23,000 SF on 5.115 acres

Marketing description

MULTI-TENANT RETAIL CENTER FOR SALE

PROPERTY DETAILS

PRICE: $1,700,000

INCOME: $63,920

VACANT: 16,500 SF

LEASED: 6,500 SF

TOTAL BLDG: 23,000 SF

SUITES: 7 TOTAL - CONFIGURED AS 5

3 PARCELS: 5.115 ACRES

PARCEL #’S: RPJ13701610120A, 30A, 40A

ZONING: C2 GENERAL BUSINESS

Investment highlights

LISTING HIGHLIGHTS

The Lincoln Plaza is a multi-tenant retail center prominently positioned along one of Jerome, Idaho’s primary thoroughfares. Originally constructed in 1975, the building first featured seven individual suites and has since been reconfigured into five versatile retail spaces.

The property is the longtime former home of D&B Supply, which is scheduled to relocate to its newly constructed building in 2026. Current tenants include Sonora Tacos, Puff N Stuff, and a State Liquor Store, together generating $63,920 in annual rental income.

With D&B’s departure and one additional vacant suite, Lincoln Plaza presents an excellent opportunity for lease-up value creation, an owner-user, or a full redevelopment. Its strategic location, flexible layout, and upcoming vacancy offer investors and users a compelling chance to reposition the property for long-term growth.

INVESTMENT HIGHLIGHTS

  • High-visibility retail center on one of Jerome’s main thoroughfares

  • 5 to 7-suite configuration with flexible layouts

  • Anchor tenant (D&B Supply) departing in 2026, creating a large contiguous vacancy

  • Current annual rental income: $63,920

  • Tenants in place: Sonora Tacos, Puff N Stuff, Liquor Store

  • Ideal for: Value-add lease-up strategy, owner-user occupancy, or redevelopment

  • Established commercial location with strong traffic patterns

OPPORTUNITIES

  • Re-tenant the anchor space at market rents

  • Potential to reconfigure suites or adapt the layout for a single large user

  • Strong location suitable for national, regional, or local retailers

  • Attractive option for mixed-use or retail redevelopment

Google Map View: https://bit.ly/4ilKLyb

1, 3 & 5 Mile Demographics: https://bit.ly/48dhTne

Retail Demand Outlook: https://bit.ly/47PWIZs

Drive Time Demographics: https://bit.ly/3KbeT2C

Listing Contacts

AN
ID, ID SP39275
Summit Commercial Real Estate Group
LH
ID DB28514
Summit Commercial Real Estate Group
JK
ID, ID SP44973
Summit Commercial Real Estate Group
Listed by Summit Commercial Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,920.00
$5,326.67/mo

Valuation Metrics

0
DSCR
3.76%
Cap Rate
3.76%
ROI

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