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Lance Lugo

lancelugo@magicvalleyrealestate.net +1(208) 316-3761

Listed by Erin Callen • Westerra Real Estate Group

$ 950,000

4,154 SqFt

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$ 950,000

Save

4,154 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 4,154 sqft

MLS Listing ID 98990793

HOA Y/N No

Year Built 1939

Annual Tax Amount $7,008

Lot Size 0.630 Acres

Acres 0.63

Source IMLS 2

Property Description

397 Blue Lakes Blvd N presents a rare opportunity to own or lease a one-of-a-kind commercial building on one of Twin Falls' most coveted commercial corridor. Built in 1939, this character-rich office building offers approximately 3,000 SF of above-grade usable space on an exceptional 0.625-acre in-city lot, a parcel size almost never available on Blue Lakes Blvd. The building is in very good condition, vacant, and ready for immediate occupancy. The 89' x 304' lot is zoned Commercial (COM), one of Twin Falls' most permissive designations, allowing a broad range of uses by right including professional office, medical clinic, financial institution, retail, and more, with no special use permit required for the majority of commercial activities. Available for sale at $950,000 or for lease at $4,300/month modified gross. The modified gross lease includes property taxes, building insurance, landscaping, and City of Twin Falls water service.

Location

State ID

County Twin Falls

Zoning COM

Direction From I-84, take Exit 173 (Blue Lakes Blvd). Head south on Blue Lakes Blvd N approximately 1.5 miles. Property is on the right (west side).

Interior

Heating Forced Air, Natural Gas, Baseboard

Cooling Central Air, Wall/Window Unit(s)

Flooring Wood

Fireplace No

Exterior

Exterior Feature Paved Outside Area

Fence Partial, Fenced

Utilities Available Sewer Connected, Propane

Roof Type Composition

Street Surface Paved

Total Parking Spaces 15

Building

Lot Description 1/2 - .99 Acre, Lawn Sprinklers

Faces From I-84, take Exit 173 (Blue Lakes Blvd). Head south on Blue Lakes Blvd N approximately 1.5 miles. Property is on the right (west side).

Story 2

Foundation Basement

Water City Service

Structure Type Masonry,Metal Siding

New Construction No

Others

Senior Community No

Tax ID RPT2021000003A

Acceptable Financing Cash, Conventional, Lease Purchase

Listing Terms Cash, Conventional, Lease Purchase

Nearby Locations

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Lance Lugo

REALTOR® | Lic# SP51819

lancelugo@magicvalleyrealestate.net

+1(208) 316-3761

1051 Birchton Loop, Twin Falls, ID, 83301, USA

397 Blue Lakes Blvd N Twin Falls, ID 83301

Lance Lugo

Key Details

Location

Interior

Exterior

Building

Others

397 Blue Lakes Blvd N