116 E Pine
Meridian, ID 83642

Description

Hard to find commercial property in Old Town Meridian w/off st parking access from Pine. Building has 968 sf on main floor & 384 sf in a partially finished basement. Property is ADA approved and is currently leased as a salon for $1400.00 per/mo w/a 5 year modified gross lease that expires in 2021. The property has a shared driveway with an ingress, egress easement with 124 E. Pine. Seller is offering a $8400.00 roof allowance based on quote from roofer. Cap rate is approx 7%.Please do not disturb Tenant.

Details

MLS#98728851
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site11

Features

SQ Feet1,352
Story(s)1
Units1
ZoningO-T

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Area Information

StateID
CountyAda
CityMeridian
Zip Code83642
AreaMeridian NE - 1020
Listing VS Median (in 83642)
Price:
$233,900
low | high
Med:
$365,738
6.36511329628% of Average
SqFt:
1,352
low | high
Med:
2,216
13.905325443787% of Average
$ / SqFt:
$173
low | high
Med:
$166
54.326305361883% of Average
On Site:
11
low | high
Med:
49.5
22.222222222222% of Average
Listing Updated: 05/21/2019
MLS Number: 98728851
Listing Provided By:
Dennis Shaul  of  Smith Coelho
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