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55 S State Street 55 S State St 3,857 SF Retail Building Preston, ID 83263 $410,582 CAD ($106.45 CAD/SF)



Executive Summary
Great location in the center or town! Multiple tenants in the building with a hair salon, aesthetics, and massage PLUS plenty of more room that can be turned into office space, storage and retail. The rear section electrical was upgraded in 2011. Parking available in the front on Main Street or in the back (owned by the city.) This building has loads of potential to be turned into a number of things-office spaces or great Main Street Retail.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
3,857 SF
Building Class
C
Year Built/Renovated
1920/1985
Price
$410,582 CAD
Price Per SF
$106.45 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Frontage
48’ on South State Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 00004026-01 | Total Assessment | $199,228 CAD |
| Land Assessment | $33,721 CAD | Annual Taxes | -$3,857 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $165,507 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
00004026-01
Land Assessment
$33,721 CAD
Improvements Assessment
$165,507 CAD
Total Assessment
$199,228 CAD
Annual Taxes
-$3,857 CAD (-$1.00 CAD/SF)
Tax Year
2025 Payable 2026
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55 S State Street | 55 S State St
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