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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 | 1 | LAST UPDATED | 7/28/2025 |
|---|---|---|---|
| TRACT | 0 Not Applic. | YEAR BUILT | 1915 |
| COMMUNITY | Out of Area - 2000 | COUNTY | Bannock |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| Elementary School | Edahow |
|---|---|
| Jr. High School | Franklin |
| High School | Highland (Pocatello) |
| ADDITIONAL DETAILS | |
| AREA | Out of Area - 2000 |
|---|---|
| CONSTRUCTION | Brick, Concrete, Frame |
| HEAT | None |
| LOT | 0.34 acre(s) |
| SUBDIVISION | 0 Not Applic. |
| TAXES | 11015.36 |
| SATELLITE VIEW |
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