120 Anderson, Shelley, ID 83274

$850,000
3
BA

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List Price
$850,000
MLS#
2189127
Status
ACTIVE
Bathrooms
3
Acres
0.44
Year Built
2024
Subdivision
North Shelley Business Park-Bing

Property Description

Excellent investment opportunity in Shelley! This newer 3,200 SF commercial building offers three fully leased suites with a strong mix of established tenants and long-term income potential. The property is currently occupied by Fixxology, Hapco Construction and Hound Haus Dog Grooming, generating $4,200/month in base rent plus tenant reimbursements. Lease terms extend as far as 2034, providing attractive stability for an investor. Built in 2024, the property features modern construction and flexible suite configurations, including retail/service, office and quick-service restaurant space. Located in Shelley's Central Business (CB) zoning district, the site allows for a broad range of commercial uses and offers excellent long-term versatility. Conveniently located near Shelley's primary commercial corridor with easy access to Highway 91 and just minutes from Idaho Falls, this property benefits from the continued growth of the Shelley area and its expanding residential base. A low-maintenance, income-producing asset with quality tenants, modern construction and strong future potential.

Additional Information

Taxes
$707
Stories
1
Roof
Architectural
Garage Description
Off Street, Parking Lot
Cooling
Central Air
Heating
Electric
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Silvercreek Realty Group.