Rare opportunity in the heart of Lava Hot Springs! This versatile property sits on a three-lot parcel directly on Main Street and offers multiple potential income streams, commercial possibilities, and future development potential. (Professional Photos coming June 15th) The upper-level residence features 1,343 square feet with 3 bedrooms, 2 bathrooms, a spacious living room, kitchen, dining area, and beautiful acacia engineered hardwood flooring throughout. The lower level apartment has its own private entrance and includes a fully self-contained 969-square-foot apartment with 1 bedroom, 1 bathroom, living room, kitchen, and laundry room. Live in one unit and rent the other long-term or short-term, or maximize income by renting both. Zoned Commercial, this property opens the door to a variety of business opportunities including a coffee shop, café, retail store, professional office, and more. Even better, with no setback requirements in this zoning district, one of the three lots remains available for future development, expansion of the existing structure, or construction of an additional building (buyer to verify all uses with the City). Whether you're looking for an investment property, owner-occupied income opportunity, commercial location, or future development project, this property offers exceptional flexibility in one of Idaho's most popular tourist destinations.
Levels
Main Level
1343 sq. ft.
3 Bedrooms, 2 Bathrooms, Living Room, Kitchen
Basement
969 sq. ft.
1 Bedroom, 1 Bathroom, Living Room, Kitchen, Laundry Room
Schools
Elementary School: Lava
Middle School: Marsh Valley
High School: Marsh Valley
Interior
Interior Features: Hardwood Floors
Appliances Included: Dryer, Range/Oven, Refrigerator, Washer, Water Heater-Gas
Featured Rooms: 2nd Kitchen, Apartment, Other
Laundry Location: Lower Level
Exterior
Exterior Finish: Hardboard/Composition, Metal
Exterior Accent:
Exterior Features: Other, RV Parking
Roof: Metal
Window Panes:
Window Frames:
Patio/Deck: Covered Porch, Open Patio, Other, Three+
Driveway: Asphalt
Utilities
Heat Source: Gas
Heat Type: Forced Air
Air Conditioning: Central
Electricity Provider: Rocky Mountain Power
Average Electric:
Avg Non-Electric Heat:
Avg Water/Sewer/Gas:
Construction
Year Built: 1908
Builder:
Construction Status: Existing-Fully Updated
Construction Style: Frame
Foundation: Cinder Block
% Basement Finished:
Basement Features: Partial Basement
Fixer Upper? No
Lot
Acreage: 0.23 acres
Lot Dimensions: 90x110
Location:
Topography/Setting: Corner Lot
Fence: Partial, Wood
Landscaping: Established Lawn, Established Tree(s)
Irrigation: None
Sewer Type: City Sewer
Subdivision: AW Halls Addition
Parcel:
Zoning–City: Commercial General
Zoning–County: Other/NA
Financial
Taxes: $1,069.00
Homeowner's Exemption:
Assoc Fee Includes:
Terms: Cash, Conventional
Agent Owned?