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1713 Center Ave.

Payette, ID 83661
  • $1,750,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 98938119
$1,750,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,067
    SQFT
  • $217
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Pipkin & Associates.

Description

16 Room foster care facility leased by and run by the state of Idaho. The facility is leased to the State of Idaho on a 3 yr. lease with 3 yr. option. 1st yr. lease was for $135,600 with annual increases of CPI or 3%, whichever is less. State paid half of TIs when lease originally signed and get credit back monthly of $1,111 for years 4-6, if they exercise their option. Since the state is short of foster homes there is a very good chance the lease will be extended well beyond the 6 years. APODs provided upon request.

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Explore Idaho Realty | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-03-18T00:10:30.553.
www.exploreidahorealty.com/homes/161198847
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1713 Center Ave. Payette, ID 83661

  • Price: $1,750,000
  • Status: Active
  • On Site: 10 Days
  • MLS #: 98938119
0
Beds
0
Baths
0
½ Baths
0.66
Acres
8,067
SQFT
$217
$/SQFT
1988
Built
Neighborhood:
Payette - 1750
County:
Payette
Area:
Payette - 1750
Property Description
16 Room foster care facility leased by and run by the state of Idaho. The facility is leased to the State of Idaho on a 3 yr. lease with 3 yr. option. 1st yr. lease was for $135,600 with annual increases of CPI or 3%, whichever is less. State paid half of TIs when lease originally signed and get credit back monthly of $1,111 for years 4-6, if they exercise their option. Since the state is short of foster homes there is a very good chance the lease will be extended well beyond the 6 years. APODs provided upon request.
Exterior Features

Construction Materials Frame Exterior Features Paved Outside Area Fencing Partial Lot Features 1/2 - .99 AcreLawn Sprinklers Parking Features 11 - 20 Spaces Parking Total 16 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 8067 Cooling Central Air Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes

Property Features

Business Type Special Purpose Electric 110 Volt220 Volts Gross Income 139668 Land Lease YN No Lease Term 36 Listing Terms CashRefinance Net Operating Income 117464 Operating Expense 22204 Possible Use Land Suitable(Multifamily)Health Care Suitable(Acute Care Hospital)Retail Suitable(Day Care FacilityFree Standing Building)Special Purpose Suitable(Other)Senior Housing Suitable(Assisted Living ResCongregate Senior Housing) Road Surface Type Paved Senior Community YN Yes Tax Annual Amount 8268 Tax Legal Description Sec. 34-9-5 Tax 3 Less 57' - Tax 5 Blk 8 in SW NE Royal Villa Nursing Home. Utilities Sewer ConnectedNatural Gas AvailablePropane Water Source City Service

Intermountain MLS logoCourtesy of Pipkin & Associates: 208-866-5540.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Explore Idaho Realty | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-03-18T00:10:30.553.
 
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Intermountain MLS logoCourtesy of Pipkin & Associates.