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Investment Highlights

  • Over 43,000 SF of open warehouse space provides for a variety of users.
  • Income from MTM tenants offers maximum flexibility.
  • 6 Roll-up Doors
  • Established industrial area near downtown/old town.
  • 17'-22' Clear Height

Executive Summary

CBRE, Inc. is pleased to present an exceptional opportunity to acquire a rare income-producing property in the thriving Twin Falls market. This exclusive offering features a 43,488 square foot industrial building situated on approximately 1.15 acres of land, providing substantial potential for both immediate use and future expansion or redevelopment. Located at 302-343 3rd Ave. S., this property offers prime visibility and accessibility in a high-traffic area, just minutes from major transportation routes including I-84, and the Eastern Idaho Railroad (EIRR).
Strategically positioned, this ideally located industrial building boasts a 26-foot building height with a 17’-22’ clear height, one dock door, and six roll up doors, making it ideally suited for various industrial operations. The large open warehouse space provides flexibility for multiple uses such as manufacturing, warehousing, and distribution, catering to diverse operational needs.
This investment opportunity is further enhanced by the property’s current income-generating status, offering owner-users the unique chance to benefit from immediate revenue while customizing the site to meet their specific requirements. With its excellent location, robust infrastructure, and versatile zoning, this property is poised to support significant growth and operational efficiency.

Property Facts

Price $4,823,490 CAD
Price Per SF $111.43 CAD
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
Building Class C
Lot Size 1.15 AC
Rentable Building Area 43,288 SF
No. Stories 1
Year Built 1965
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning O-T

Amenities

  • Signage
  • Storage Space

About 302-343 3RD AVE S , TWIN FALLS, ID 83301

This property features a spacious ±43,288 SF open warehouse situated on approximately 1.15 acres, currently leased to three tenants, providing stable income with potential for increased rents. The warehouse boasts a clear height ranging from 17 to 22 feet and is equipped with six roll-up doors for easy access and one dock door. Additionally, the facility is well-lit with LED lighting, enhancing the work environment. Open warehouse space provides flexibility for multiple uses such as manufacturing, warehousing, and distribution, catering to diverse operational needs. * Unlock Your Business Potential: Value-Add opportunity with in-place cash flow. Located in the heart of the Twin Falls Urban Renewal District providing long term upside and future development potential. * Strategically positioned, this ideally located industrial building boasts a 26-foot building height with a 17’-22’ clear height and six roll up doors, making it ideally suited for various industrial operations. The large open warehouse space provides flexibility for multiple uses such as manufacturing, warehousing, and distribution, catering to diverse operational needs. * This investment opportunity is strategically positioned within the Twin Falls Urban Renewal District, offering owner-users a distinct advantage through its prime location, robust infrastructure, and versatile zoning, all poised to support significant growth and operational efficiency. While currently income-generating, providing immediate revenue, the true value-add potential lies in the opportunity to lease up vacant spaces, which will substantially increase cash flow and maximize returns. This unique combination allows owner-users the flexibility to customize the site to their specific requirements while benefiting from existing income and leveraging the district’s growth-oriented environment. * The property offers convenient access to major transportation routes including ±6 miles to I-84, ±6 miles to Highway 93 and less than 2 hours to I-80 and I-15.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • RPT0001134011AA
  • RPT0001134001AA
Land Assessment
$326,470 CAD
Improvements Assessment
$2,328,356 CAD
Total Assessment
$2,654,827 CAD
  • Listing ID: 34171251

  • Date on Market: 2024-09-21

  • Last Updated:

  • Address: 302-343 3rd Ave S, Twin Falls, ID 83301

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