201-205 Shoshone St N - Office FOR SALE


Twin Falls, ID 83301
$6,708,500 USD
208-472-2827
201-205 Shoshone St N, Twin Falls, ID for Sale
$6,708,500 USD
Office - FOR SALE
1/11
null | 6.12% Cap Rate

201-205 Shoshone St N
Twin Falls, ID 83301


HIGHLIGHTS

  • Beautifully restored historic building in Downtown Core
  • Fast growing area--Twin Falls Metro has grown by more than 50% since 2000
  • Listed on the National Registry of Historic Places
  • Market Vacancy is under 1% for the Magic Valley
  • Diverse office tenant mix including established restaurant/brewery operation
  • Below replacement cost +/- $500 PSF

OVERVIEW

Constructed in 1922, the Historic Elks Lodge Building was originally commissioned by the Benevolent and Protective Order of the Elks. The Elks occupied the majority of the building but rented out the store fronts below to various businesses. In the late ‘90s, the building was sold and spent roughly 15 years operating as an event center under various names. Most recently, the building was used as the Historic Ballroom to host many special events and social functions until the renovation in 2018 to what you see today.

FOR SALE DETAILS

PRICE

$6,708,500 USD

PRICE/SF

$224 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Historic Elks Lodge

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CB

APN/PARCEL ID

RPT0001071029AA

ASK ABOUT THIS PROPERTY

Tami WalkerColliersMore Info
208-472-2827

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Tami WalkerColliersMore Info
208-472-2827

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.