591 E Iona Rd, Idaho Falls, ID 83401

$1,675,000

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List Price
$1,675,000
Status
ACTIVE
Price Change
▼ $24,900 1787006195
MLS#
2184862
Subtype
Commercial Sale
Year Built
1989
Lot Size
65,775
Acres
1.51

Property Description

Here's your chance for your chance to own an incredible and unique Commercial Property with lots of visibility an is currentely used as a Mechanic Shop. This property sets alongside of the old KJ's truck stop just off of interstate 20 in Idaho Falls. It features 3 different buildings. The BIG MAIN Building is Currentely a Mechanic Shop with 7 Bays3 Automobile Lifts, Storage Mezzanine and Wash Room with Washer & Dryer included. Shop Air Compressor and a total sqft of 5,200 sqft. A Separate Smaller and Main Office Shop with 2 bays with a total sqft of 1,800 sqft. Also a bonus House on the property with a total sqft of 1,526 sqft that is rented for $900/Month. There is plenty of room to more that double the current rent being collected. The owner ocupies 2 of the building, and there new shop bays that are still being finished. The monthly rental amounts collected was $4700/ month, but if all shops and bays were rented, that could increase to $10,500/ month or $126K per year approx. This is the perfect location to run your business or company out of and have potential housing for employees or managers. Or simply having three different rental buildings all on one property. All the properties are currently being used. So please call listing agent for all showings.

Additional Information

Taxes
$5,564
Heating
Natural Gas, Forced Air
Air Conditioning
None
Roof
Metal
Foundation
Concrete Perimeter
Parking Features
Off Street, Parking Lot
Garage
Off Street, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Eagle Point Realty, LLC.