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$385,000
Est. payment /mo
924 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $416
MLS Listing ID 2178559
Construction Status Frame,Modular
Annual Tax Amount $257
Tax Year 2024
Lot Size 6.110 Acres
Acres 6.11
Property Sub-Type Real Estate Only
Property Description
Don't miss this rare opportunity to own 6 acres of income-producing commercial property in the heart of Challis, Idaho. Conveniently located just off Highway 93 and within walking distance to all Challis has to offer, this versatile property offers immediate cash flow with room to grow. The property features a 30' x 60' shop with a concrete floor, perfect for storage, commercial use, or future development. Two mobile homes are included—one has been fully remodeled from the ground up and is a 2 bed, 2 bath unit ready for occupancy. The second is currently used as an office, providing added utility and flexibility. Current rental income comes from four mobile home spaces, each served by one of four septic systems. A private well services the entire property. With space and infrastructure already in place, there is excellent potential to add RV or trailer hookups to further increase monthly revenue. This property is a strong candidate for a 1031 exchange, a great addition to any investment portfolio, or a foundation to build and expand upon. Whether you're looking for steady returns or room to grow, this property delivers.
Location
State ID
County Custer
Area Custer
Rooms
Basement None
Interior
Heating Electric, Propane
Cooling None
Inclusions Two mobile homes.
Exterior
Exterior Feature Other
Roof Type Other
Building
Sewer Private Septic
Water Well
Structure Type Service Business
Construction Status Frame,Modular
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Not Applicable
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Listed by Whitetail Properties Real Estate LLC