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101 Anderson Road
Shelley, ID 83274
Ryan Lerwill with Keller Williams Realty East Idaho, original listing - (208) 529-8888

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Property Details


List Price: $1,100,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Keller Williams Realty East Idaho
Agency Phone: (208) 529-8888

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Description/Comments


Lot Size: 0 acre(s)
Property Type: Other-Other
Year Built: 2021
Notes: Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building, featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with units currently renting between $1,250 and $1,350 per month. Three of the units are fully leased, providing stable, ongoing rental income, while the fourth unit is available for lease at $1,500 per month, offering the opportunity for immediate revenue growth. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value appreciation as the area continues to develop. Additionally, ample space on the parcels could allow for future expansions or additional enhancements to further maximize return on investment.
MlsNumber: --
ListingId: 2170517


Listing Provided By: Keller Williams Realty East Idaho, original listing
Phone: (208) 351-4373
Office Phone: (208) 529-8888
Agent Name: Ryan Lerwill
Disclaimer: Copyright © 2024 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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