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120 Anderson

Shelley, ID 83274
  • $850,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 2189127
UPDATED: 57 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $266
    $/SQFT
Type:
Commercial
Built:
2024
County:
Area:

School Ratings & Info

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.

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© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Cindy Bates Group | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-10-05T22:23:18.023.
www.homesinsoutheastidaho.com/homes/181071857
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120 Anderson Shelley, ID 83274

  • Price: $850,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 57 min ago
  • MLS #: 2189127
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,200
SQFT
$266
$/SQFT
2024
Built
Neighborhood:
North Shelley Business Park-Bing
County:
Bingham
Area:
Shelley
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.
Exterior Features

Construction And Status Existing Exterior Primary Metal Siding Foundation Slab Landscaping None Lot Size 0.44 Overhead Doors No Parking Off StreetParking Lot Roof Architectural Topography Setting Corner Lot

Interior Features

Air Conditioning Central Air Basement None Heat Source And Type Electric Offices 3 Restrooms 3 Sq Ft Above Grade 3200 Sq Ft Below Grade 0

Property Features

Actual Annual Gross Income 55969.80 Annual Insurance 974.00 Assoc Fees 0.00 Buildings 1 Cap Rate 6.10 Covenants Yes Current Use OfficeRetailService Business Distressed Property Not Applicable Documents On File CvntsCndtnsRstrctnsLeasesOther-See Remarks Exclusions Tenants Personal Property Flood Plain N Handicap Access Yes Monthly Leased Rate 4200 Net Operating Income 51753.31 Owner Pays None Personal Property Tax 707.70 Prior Use OfficeRetailService Business Property Type Real Estate Only Provider Other Info Idaho Power Sep Utilities No Sewer Public Sewer Short Term Rental YN Not Allowed Tax Year 2025 Taxes 707.70 Tenant Pays Common Area MaintenanceElectricityInsuranceTaxesSewerTrash CollectionWater Terms CashConventional1031 Exchange Water Public Winter Access YN Yes Zoning General BINGHAM LGT COMMER Zoning Specific NOT VERIFIED

Snake River Regional MLS logo Listing provided courtesy of Silvercreek Realty Group: 2085236111.
© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Cindy Bates Group | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-10-05T22:23:18.023.
 
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The Cindy Bates Group | Keller Williams Realty East Idaho
3525 Merlin Drive
Idaho Falls ID, 83404