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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.
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830 N 2nd E is a Other for sale listing in Mountain Home, ID 83647. This 12,000 square foot property sits on a 1.12-acre lot and features 0 Bedrooms and 0 Bathrooms. This Residential Income property is listed on We Know Boise in the current status of - Active - and is now priced at $700,000. Located in the Non Applicable subdivision, this property was built in 2023. Nearby schools include East - Mtn Home, Mtn Home and Mountain Home. For questions or to schedule a showing, contact your local Mountain Home real estate agent at (208) 391-4466.
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Listing information last updated on August 19th, 2022 at 5:53pm MDT.