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About This Home
This 5,180 square foot commercial property at 240 N 18th in Pocatello's Townsite neighborhood sits on a 0.58-acre lot. It offers central air cooling and forced air natural gas heating. Leases are in place through 2029, with extension options available, making it a solid investment option.
The property delivers a 6.2% cap rate, calculated from 2025 income and expenses detailed in the cash flow chart under documents. Its location near the university adds to its appeal for steady tenancy. In Pocatello's market, where the average price stands at $499,762, this listing at $550,000 provides a larger footprint than the typical 2,815 square foot home, suited for commercial use with established income streams.
The setup supports reliable cash flow for investors seeking properties with long-term leases in a university-adjacent spot.
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.
Key Features
- 0.58 acre lot
Property Details
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
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 240 N 18th is listed at $550,000 ($106/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: 0.58 acre lot.
This property is listed by Gil Judkins and can be reached at 2082511780 or judkinsgil@gmail.com.
