# 240 N 18th, Pocatello, ID 83201

> **TL;DR:** commercial, $550,000 ($106/sqft), 5,180 sqft. Est. $2,383/mo. Listed 116 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $106 |
| Square Feet | 5,180 |
| Lot Size | 25,265 sqft (0.58 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 116 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Property Highlights

- 0.58 acre lot

## Description

### AI Summary
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.

### Agent Description
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.

## Location

- **Address:** 240 N 18th, Pocatello, ID 83201
- **County:** Bannock
- **Neighborhood:** Pocatello Townsite
- **Coordinates:** 42.876605, -112.430957
- **Google Maps:** https://www.google.com/maps?q=42.876605,-112.430957

## Listing Agent

- **Name:** Gil Judkins
- **Brokerage:** Premier Properties Real Estate Co.
- **Phone:** 2082511780
- **Email:** judkinsgil@gmail.com

## Primary Photo

![240 N 18th - Primary Photo](http://lh.rdcpix.com/b02c253120624104cf886eded94784c8l-f3527336700r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/240-n-18th-pocatello-id-83201-d581812)*

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**MLS#:** 581812 | **Updated:** 2026-06-26
**Source:** listhub

*Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/240-n-18th-pocatello-id-83201-d581812)

---

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