Exciting NNN leased retail investment opportunity on Main Street in historic Downtown Payette. Main Street store front with a NNN lease in place for 5 years ending in 2029. Average monthly rental income for the lease term is $3.847. This property is being offered at an 8% cap rate based on the average monthly rental income which will mean excellent return on your investment. The tenant, who is currently completing their tenant improvements will bring much needed recreation/entertainment option to the city. UPDATES COMPLETED (over $190,000 invested): New TPO roof including new decking, subfloor and joist repairs, new sewer main, new electrical, new HVAC, plumbing updates, added two ADA restrooms, opened floor plan and raised ceiling height, new insulation, new rollup door added. Adjacent Building (107 N Main) also available.
Hard corner retail with off-street parking in the heart of downtown Payette. Currently leased to a restaurant user on a 3 year NNN lease which extends through 12/31/2026. Tenant has one option to renew for an additional 5 year period. Adjacent building (109 N Main) is also owned by the same owner and is currently available for sale and may be sold together--contact listing agent for additional details. Most kitchen equipment is owned by the Landlord with Tenant responsible for maintenance and replacement.
This is a prime Commercial Corner at the Northwest corner of Hwy 95 and 7th Ave. North. There is a stoplight at this intersection and great development happening NW of this property and east of this property. The Hwy is the main north / south road through the heart of Idaho and the main arterial street 7th Ave. N is a connecting street that leads into Oregon. This would be a very nice location for your expanding investment portfolio. Pressurized irrigation provided by the adjacent neighborhood and is stubbed to the property. City services, gas, electric and highspeed lines all adjacent to the property or stubbed into the property. For developing questions or what this zoning means for you, please call the City of Payette.
Need downtown commercial lot? Here you go. Two commercial lots, one with individual well, and city sewage. Properties are zoned commercial but are currently being used as residential or residential-income. Current 3 bedroom 2 bath home newly renovated. Accompanied by a 45'x30' insulated metal shop with 200amp service and 2 office spaces with 12' eve heights, 10' x 10' roll up door, 2 personnel doors, and storage. Just off Business Highway 95 (Main St). Would be a great location for a business/investment properties.
Pleased to present this opportunity in Payette, Idaho, which offers a charming and picturesque environment with a strong focus on outdoor recreation and agricultural heritage. Payette's historic downtown area show cases unique architecture, local shops, and dining options, fostering a sense of community. The town hosts various events and festivals, bringing residents together and creating a friendly atmosphere. Payette provides an affordable cost of living compared to urban areas, making it an appealing choice for families and retirees. The community is well-connected with convenient access to major highways, allowing for easy travel to nearby cities. Supporting local businesses adds to the unique charm of this welcoming and tight-knit town.
Two adjacent commercial lots making up two corners right in downtown Payette totalling .8 acre (.4 acre each). Two-story 27,519 SF building built in 1935 sits on front lot (134). This was originally Mansers Ford Dealership, a Payette landmark operating from 1934-1989. Currently owned and occupied by a manufacturing firm called Varmitgetter. Great potential for many different uses - manufacturing, auto, auto repair, retail conversion, multifamily conversion, etc.
Great commercial location in the heart of Payette. 30' Main Street footage 2730 sf building with alley access. Reception area, Conference Room, 5 offices, full bath and half bath, washer/dryer hook up, warehouse area. Rent for $2500/month. Possible Opportunity Zone tax benefits-check with your tax professionals. Great addition to your investment portfolio.
Motivated seller! Nice sized corner commercial lot in the heart of Payette. All city utilities are on the lot and brought into the small utility building. Zoned C-1 an ideal location for a small retail shop, laundry mat, food truck, the possibilities are endless.
Lee & Associates is pleased to present this thriving automotive collision repair business and real property in Payette, ID for sale. The property consists of 8,298 SF of shop space and office situated on 1.04 acre of land. The building is demised into separate working areas and the sale includes the business and all related furniture, fixtures & equipment. Please contact agent for details.
The median home value in Payette, ID is $304,800. This is lower than the county median home value of $358,400. The national median home value is $338,100. The average price of homes sold in Payette, ID is $304,800. Approximately 53.7% of Payette homes are owned, compared to 46.3% rented, while 0% are vacant. Payette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Payette real estate agent to arrange a tour today!
Payette, Idaho 83661 has a population of 7,999. Payette 83661 is less family-centric than the surrounding county with 25.86% of the households containing married families with children. The county average for households married with children is 36.09%.
The median household income in Payette, Idaho 83661 is $49,683. The median household income for the surrounding county is $59,540 compared to the national median of $69,021. The median age of people living in Payette 83661 is 40.3 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 10.7 inches per year, with 13.2 inches of snow per year.