401 Filer Avenue, Twin Falls, ID 83301

Turn-Key Commercial at 401 Filer Ave, Twin Falls, ID 83301 offers a rare opportunity to acquire a compact, income-producing commercial asset in a convenient Twin Falls location. Priced at $289,000, this 976 SF building sits on a 0.09-acre lot and is zoned R-4, allowing flexibility for a variety of potential uses subject to local regulations. Originally built in 1930 and previously used as a school, the property blends character with functionality and is equipped with forced air heat, city water, gas, and sewer service. This turn-key asset is positioned for investors or owner-users seeking a manageable footprint with strong income potential. Pro forma highlights include a gross rental income of $23,400, estimated NOI of $17,936.10, and a 6.2% cap rate. With low reported expenses and multiple purchase terms available, this property presents an attractive option for buyers looking for stable returns and upside in a growing market.