Gateway Service in Ririe, Idaho has been a predominate family owned business for 3 generations and is still an integral part of this growing community. This unique property has multiple business opportunities and currently includes a convenience store, mechanic shop, laundromat, car wash, and a small office building. The property also contains a rental property, that is currently a restaurant, and a trailer court that may be purchased separately if a potential buyer is interested. (package deal only, the trailer court and restaurant will not be sold separately to other buyers) Contact Listing agent for more details.
CAP RATE OF 10%. Don't miss out on this Multi- Use Commercial Property in Ririe Idaho. The Ririe Pavilion is home to Hometown Physical Therapy, South Fork Restaurant, Ririe Salon, Fit For All Gym, and THREE residential apartments. The property also has 2 large bays in the back that are not currently rented. The current owner has been using for their own private use. They would make a perfect home to a mechanic shop. The property also includes 2 vacant lots, Lots 29 and 30 of Block 4 of the Old Ririe Townsite.
The median home value in Ririe, ID is $170,400. This is lower than the county median home value of $429,600. The national median home value is $338,100. The average price of homes sold in Ririe, ID is $170,400. Approximately 74.11% of Ririe homes are owned, compared to 13.12% rented, while 12.77% are vacant. Ririe 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 Ririe real estate agent to arrange a tour today!
Ririe, Idaho has a population of 666. Ririe is less family-centric than the surrounding county with 32.31% of the households containing married families with children. The county average for households married with children is 46.47%.
The median household income in Ririe, Idaho is $56,641. The median household income for the surrounding county is $69,097 compared to the national median of $69,021. The median age of people living in Ririe is 29.7 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 13.5 inches per year, with 55 inches of snow per year.