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121 Honeysuckle St

5,596 SF 100% Leased Industrial Building Bellevue, ID 83313 £1,475,430 (£264/SF) 6% Net Initial Yield

Investment Highlights

  • Newly Remodeled
  • Mixed use light industrial/office/residential use

Executive Summary

Mixed-use property is well-suited for an investment buyer (at 6% cap), and/or an LI user with a desire for rental income. Owner will vacate shop or lease-back. Property was renovated in 2022, & features new sprinkler system, & is configured with 1st floor owner's shop/warehouse, NNN LEASED 1st floor office & 2 newly built-out apartments on the 2nd floor (each is 3 bed / 2 bathroom). Conceptual plans for approximately 1,161sf LI addition.

Property Facts

Price £1,475,430
Price Per SF £264
Sale Type Investment or Owner User
Net Initial Yield 6%
Property Type Industrial
Property Subtype
Warehouse
  • Office Office Residential
  • Office Office Live Work Unit
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.29 AC
Rentable Building Area 5,596 SF
Number of Floors 2
Year Built 1998
Parking Ratio 3.75/1,000 SF
No. Dock-High Doors/Loading 1
Level Access Doors 1

Amenities

  • 24 Hour Access
  • Floor Drains
  • Yard

Utilities

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPB0409-003-0100
Land Assessment
£245,471
Improvements Assessment
£715,636
Total Assessment
£961,107

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
  • Listing ID: 30837000

  • Date on Market: 31/01/2024

  • Last Updated:

  • Address: 121 Honeysuckle St, Bellevue, ID 83313

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