Description
Prime development opportunity in rapidly growing Mountain Home, ID. Take this approved 24 unit two-phase development within walking distance to downtown Mountain Home, Albertsons, restaurants, and park to completion. 1st phase unit mix consisting of six 1/1 units and six 2/2 units. 2nd phase unit mix consisting of 12 3/2 units. Currently there is a vacant 16,000 sq. ft building on the property, (previously a bowling alley) with high ceilings and allowing for commercial use during construction of phase 1 if desired. Phase 1 and phase 2 are separate parcels, allowing for a favorable exit strategy. Make use of the building while developing phase 1 for extra income, or change plans and redevelop the vacant building into much needed climate controlled storage units. Replacement cost of just the 16,000 sq. ft building is well over $1M. Seller is open to selling parcels separately, and will carry the note. Ready to pull permits today, and start construction documents with new buyer.
Directions: call agent - downtown mountain home
-
0BEDS
-
1.12ACRES
-
0BATHS
-
01/2 BATHS
-
12,000SQFT
-
$54$/SQFT
School Information
Courtesy of Keller Williams Realty Boise.Description
Prime development opportunity in rapidly growing Mountain Home, ID. Take this approved 24 unit two-phase development within walking distance to downtown Mountain Home, Albertsons, restaurants, and park to completion. 1st phase unit mix consisting of six 1/1 units and six 2/2 units. 2nd phase unit mix consisting of 12 3/2 units. Currently there is a vacant 16,000 sq. ft building on the property, (previously a bowling alley) with high ceilings and allowing for commercial use during construction of phase 1 if desired. Phase 1 and phase 2 are separate parcels, allowing for a favorable exit strategy. Make use of the building while developing phase 1 for extra income, or change plans and redevelop the vacant building into much needed climate controlled storage units. Replacement cost of just the 16,000 sq. ft building is well over $1M. Seller is open to selling parcels separately, and will carry the note. Ready to pull permits today, and start construction documents with new buyer.
Directions: call agent - downtown mountain home
© 2023 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2023-02-04T07:10:45.557.