About This Home
Located in Pocatello Townsite, this commercial property at 240 N 18th in Pocatello, Idaho, offers an investment opportunity with leases in place through 2029 and extension options. Built in 1966, the property sits on a 0.58-acre lot and is situated close to the university.
The listing is offered at $550,000 and reports a 6.2% cap rate based on 2025 income and expenses; the supporting cash flow chart is available under documents. This property is classified as commercial and does not include listed bedrooms or bathrooms.
Heating is provided by a forced-air system. Its existing lease structure may provide a defined operating framework for an investor reviewing the property’s income and expenses. Buyers can refer to the documented cash flow information and lease terms for additional details regarding the current arrangement and extension options.
Key Features
- Built in 1966
- 0.58 acre lot
Property Details
Are you looking for an investment property with leases in place? This is it. Leases in place till 2029 with extension options. 6.2% Cap rate based on 2025 income and expenses which you can see on the cash flow chart under documents. Located close to the university.
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
240 N 18th
Pocatello, ID 83201
Pocatello Townsite
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 240 N 18th is listed at $550,000. The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1966, 0.58 acre lot.
This property is listed by Gil Judkins and can be reached at 2082511780.
