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1825 E 16th St 14,764 SF Industrial Building Burley, ID 83318 $2,107,950 CAD ($142.78 CAD/SF)
Investment Highlights
- 3 Phase - 480v and 300 amps of 240v
- 1,100 SF 3 bd, 2 ba home currently leasing for $900 month to same tenant for over five years; suitable for on-site manager housing or owner residence
- Owner willing to hold note with significant down payment and 5 yr balloon
- Off of US Hwy 30 just three miles south of I-84
- 14 months left on industrial NNN lease at $5,000 per month (well below market). Lessee will move out if new tenant is found
- 1.4 Acres of excess land
Executive Summary
Property Facts
| Price | $2,107,950 CAD | No. Stories | 1 |
| Price Per SF | $142.78 CAD | Year Built | 1962 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.42/1,000 SF |
| Property Subtype | Food Processing | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 2.16 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 14,764 SF | ||
| Zoning | C-1 | ||
| Price | $2,107,950 CAD |
| Price Per SF | $142.78 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Food Processing |
| Building Class | C |
| Lot Size | 2.16 AC |
| Rentable Building Area | 14,764 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Parking Ratio | 2.42/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- World Wide Foods Inc
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| World Wide Foods Inc | Manufacturing | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Lease Rate: $0.65 SF/mo Building Only & $0.72 SF/mo Including House The property is currently leased on an NNN basis at $5,000 per month, with approximately 14 months remaining. The lease is below market, the tenant is willing to vacate if a new user is secured, allowing flexibility for an owner-user or new tenant. Lease rates are approximately $0.65 per square foot for the industrial space, or $0.72 per square foot when including the residential component. A key highlight is the property’s significant electrical capacity, featuring 800 amps of 480-volt power and an additional 300 amps of 240-volt service, ideal for power intensive users. The site is serviced by both well and city water. Additionally, the property includes a 1,100 square foot, three-bedroom, two-bath home currently leased at $900 per month to a long-term tenant, providing supplemental income or potential on-site housing. Ownership is also open to seller financing with a significant down payment and a five-year balloon, offering added flexibility for acquisition.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 1825 E 16th St | 1,100-13,664 SF | Industrial | - | Now |
1st Fl - 1825 E 16th St
| Size |
| 1,100-13,664 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 1825 E 16th St
| Size | 1,100-13,664 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Lease Rate: $0.65 SF/mo Building Only & $0.72 SF/mo Including House The property is currently leased on an NNN basis at $5,000 per month, with approximately 14 months remaining. The lease is below market, the tenant is willing to vacate if a new user is secured, allowing flexibility for an owner-user or new tenant. Lease rates are approximately $0.65 per square foot for the industrial space, or $0.72 per square foot when including the residential component. A key highlight is the property’s significant electrical capacity, featuring 800 amps of 480-volt power and an additional 300 amps of 240-volt service, ideal for power intensive users. The site is serviced by both well and city water. Additionally, the property includes a 1,100 square foot, three-bedroom, two-bath home currently leased at $900 per month to a long-term tenant, providing supplemental income or potential on-site housing. Ownership is also open to seller financing with a significant down payment and a five-year balloon, offering added flexibility for acquisition.
Property Taxes
| Parcel Number | RP10S23E280616 | Improvements Assessment | $631,213 CAD |
| Land Assessment | $124,660 CAD | Total Assessment | $755,873 CAD |
Property Taxes
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1825 E 16th St
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