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Listed with Keller Williams Realty Boise
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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 7/24/2025 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | Out of Area - 2000 |
| COUNTY | Bannock | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Out of Area - 2000 |
|---|---|
| CONSTRUCTION | Brick, Frame |
| HEAT | None |
| LOT | 0.49 acre(s) |
| PARKING | None |
| STORIES | 2 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Commercial General |
| SATELLITE VIEW |
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