415 S Challis Street

Salmon, ID 83467

Just improved

$1,200,000

Was $1,300,000

1 / 16

Price improved

$1,200,000

Reduced $100,000 from $1,300,000

Listed from $1,300,000

Beds: —
Baths: 3
Sqft: —
On market: 55 days
Year: 1970
Lot: 0.47 ac
Type: Commercial Sale

Listed by Rachel Ryan · eXp Realty LLC

About this home

Prime commercial opportunity on Highway 93 S with excellent location in the center of downtown Salmon, Idaho! Formerly the historic feed store, this versatile 6,700+/- sq. ft. building sits on an almost half-acre corner lot, offering easy access and high traffic visibility. This commercial space features three leased units with separate addresses and individual propane heat systems and tanks, offering exceptional rental stability and immediate cash flow. Unit A features a large enclosed entry across the entire front of the building, with an expansive front retail space, a dedicated office, bathroom, partial basement, and a spacious workroom/warehouse area with a loading area and ramp to the basement from the back fenced parking lot. Unit B, currently operating as a Pottery Studio, include

Open virtual tour

Estimated payment

$7,227/mo

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

Down payment20% · $240,000Rate6.75%

Principal & interest: $6,227
Est. property tax: $720
Est. insurance: $280

Local estimate (~0.72% of price per year, not a lender quote). Lemhi County levy rates vary by tax code area — we'll run exact numbers on tour.

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