Office/Retail For Sale, Priest River, ID | 5513 Hwy 2
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Office/Retail For Sale, Priest River, ID 5513 Hwy 2
2,746 SF 100% Leased Retail Building Priest River, ID 83856 $625,000 ($228/SF)
Investment Highlights
- Prime location in the Timberline Center, anchored by high-traffic tenants like Ace Hardware and Mitchell Harvest Foods.
- Long-standing history as a bank for 37 years, featuring strong deposit records and steady annual growth.
- Flexibility for conversion into a restaurant or retail space, with it's open floor plan, drive-thru and high visibility location
- 2,746 square feet of professional office space, with a drive-through, ideal for banking or other serviceoriented businesses.
- High visibility and easy access from Highway 2, a major thoroughfare in Priest River.
Executive Summary
This freestanding building offers 2,746 square feet of professional office space, complete with a drive-through. It is located in the Timberline Center, anchored by Ace Hardware and Mitchell Harvest Foods. The property has operated as a bank for the past 37 years, demonstrating strong deposits and consistent annual growth.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$49,428
|
$18.00
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $49,428 |
| Annual Per SF | $18.00 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,746 SF
Year Built/Renovated
1984/1995
Price
$625,000
Price Per SF
$228
Percent Leased
100%
Building Height
1 Story
Zoning
Commercial
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Office/Retail For Sale, Priest River, ID | 5513 Hwy 2
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