Payette, ID 83661 1713 Center Ave.
$1,750,000
19 more
Presented By: Pipkin & Associates
SQFT • 8,067
Home Details
16 Room foster care facility leased by and run by the state of Idaho. The facility is leased to the State of Idaho on a 3 yr. lease with 3 yr. option. 1st yr. lease was for $135,600 with annual increases of CPI or 3%, whichever is less. State paid half of TIs when lease originally signed and get credit back monthly of $1,111 for years 4-6, if they exercise their option. Since the state is short of foster homes there is a very good chance the lease will be extended well beyond the 6 years. APODs provided upon request.
Presented By: Pipkin & Associates
Interior Features for 1713 Center Ave.
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
General for 1713 Center Ave.
AccessibilityHandicap Access
Additional Parcels Y/NNo
Attached Garage No
Availability Date2026-11-10
Building Area UnitsSquare Feet
Building NamePayette Foster Care Facility
Business TypeSpecial Purpose
Cap Rate6.71
Carport Y/NNo
CityPayette
Construction MaterialsFrame
CoolingCentral Air
CountyPayette
Electric110 Volt, 220 Volts
FreeholdBBO, IDX
Garage Y/NNo
Gross Income139668
HOANo
HeatingForced Air, Natural Gas
Home Warranty Y/NNo
Insurance Expense6953
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Lease Amount11639
Lease TypeModified Gross
Legal DescriptionSec. 34-9-5 Tax 3 Less 57' - Tax 5 Blk 8 in SW NE Royal Villa Nursing Home.
Listing TermsCash, Refinance
Living Area UnitsSquare Feet
Lot Size Square Feet28749.6
Lot Size UnitsAcres
MLS AreaPayette - 1750
Maintenance Expense6983
ModificationTimestamp2025-03-10T06:00:53.900Z
Net Operating Income117464
New ConstructionNo
Number Of Units Total16
OccupantNameTenant 1: State of Idaho Dept. of Health & Welfare
Ok to Lease36
Operating Expense22204
Possible UseLand Suitable(Multifamily), Health Care Suitable(Acute Care Hospital), Retail Suitable(Day Care Facility, Free Standing Building), Special Purpose Suitable(Other), Senior Housing Suitable(Assisted Living
Property Attached Y/NNo
Property TypeCommercial Sale
RoofComposition
Security FeaturesFire Alarm, Fire Sprinkler System
Senior Community Y/NYes
Showing InstructionsSee Remarks
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount8268
UtilitiesSewer Connected, Natural Gas Available, Propane
Year Built1988
Exterior for 1713 Center Ave.
Building Area Total8067
Exterior AmenitiesPaved Outside Area
FencingPartial
Horse Y/NNo
InclusionsState Is On A 3 Year Lease With Option For An Additional 3 Years.
Irrigation Water Rights Y/NNo
Lot Features1/2 - .99 Acre, Lawn Sprinklers
Lot Size Acres0.66
Lot Size Area0.66
Parking Features11 - 20 Spaces
Road Surface TypePaved
SpaNo
Total Parking16
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Jesus Yerena Delgado
Agent
ES 
EN