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Homes for sale · Shelley

MLS 2189127

120 Anderson

Shelley, ID 83274

120 Anderson photo 11 / 31

$850,000

Beds
Baths
3
Sqft
On market
1 day
Year
2024
Lot
0.44 ac
Type
Commercial Sale

Listed by Angie Daw · Silvercreek Realty Group

About this home

Excellent investment opportunity in Shelley! This newer 3,200 SF commercial building offers three fully leased suites with a strong mix of established tenants and long-term income potential. The property is currently occupied by Fixxology, Hapco Construction and Hound Haus Dog Grooming, generating $4,200/month in base rent plus tenant reimbursements. Lease terms extend as far as 2034, providing attractive stability for an investor. Built in 2024, the property features modern construction and flexible suite configurations, including retail/service, office and quick-service restaurant space. Located in Shelley's Central Business (CB) zoning district, the site allows for a broad range of commercial uses and offers excellent long-term versatility. Conveniently located near Shelley's primary

Estimated payment

$5,119/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$4,410
Est. property tax
$510
Est. insurance
$198

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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Showing desk for Kipp Archibald

Kipp Archibald · (208) 200-0605

Kipp Archibald, Broker / Owner. Local broker helping buyers and sellers across Eastern Idaho — Rigby, Rexburg, Idaho Falls, and the Upper Valley. Straight answers, private showings, and hands-on guidance from first tour through closing. Kipp also knows new construction and lot development, including Teton Heights in Rigby. Call (208) 200-0605.