Investor-ready downtown Pocatello landmark! This fully functional, income-producing mixed-use building offers 42 residential units, 6 commercial storefronts, and over 16,000 SF of unfinished basement. All steps from Idaho State University. With recent capital upgrades (roof, HVAC, electrical, and more), this historic 47,000+ SF asset is primed for value-add strategies like sober living, student housing, or co-living. Current NOI supports a ~6% cap rate, with under-market rents and ~20% vacancy upside. Walkable location in Pocatello's vibrant historic district. Zoned for flexible use. Ideal for investors, housing operators, or mission-driven groups. Schedule your tour and explore the potential of this amazing investment opportunity.
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DAYS ON MARKET
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313
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LAST UPDATED
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7/24/2025
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YEAR BUILT
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1915
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COMMUNITY
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Out of Area - 2000
|
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COUNTY
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Bannock
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STATUS
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Active
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PROPERTY TYPE(S)
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Commercial
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| AREA |
Out of Area - 2000 |
| CONSTRUCTION |
Brick, Frame |
| HEAT |
None |
| LOT |
0.49 acre(s) |
| PARKING |
None |
| STORIES |
2 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
| ZONING |
Commercial General |
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