Investor-ready downtown Pocatello landmark! This fully functional, income-producing mixed-use building offers 42 residential units, 6 commercial storefronts, and over 16,000 SF of unfinished basement. All steps from Idaho State University. With recent capital upgrades (roof, HVAC, electrical, and more), this historic 47,000+ SF asset is primed for value-add strategies like sober living, student housing, or co-living. Current NOI supports a ~6% cap rate, with under-market rents and ~20% vacancy upside. Walkable location in Pocatello’s vibrant historic district. Zoned for flexible use. Ideal for investors, housing operators, or mission-driven groups. Schedule your tour and explore the potential of this amazing investment opportunity.
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Listing Snapshot
Price
$1,890,000
Days On Site
105 Days
Bedrooms
N/A
Inside Area (SqFt)
42,780 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.49 Acres
Year Built
1915
MLS® Number
98955772
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.49
Land Lease
No
Parking
None
Security
Fire Alarm
SqFt Total
42780
Utilities
Sewer Connected
Water Source
Public
Zoning
Commercial General
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Exterior Features
Construction Details
BrickFrame
Community Features
Financing Terms Available
CashConventional
MLS Area
Out of Area - 2000
Listing courtesy of Keller Williams Realty Boise 2089912072
Listing information is provided by Participants of the Intermountain Multiple Listing Service. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Intermountain Multiple Listing Service.
Last checked: 2025-11-07 11:55 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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