Payette, ID 83661 1713 Center Ave.
$1,750,000
19 more
Presented By: Pipkin & Associates - 208-866-5540
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 - 208-866-5540
Interior Features for 1713 Center Ave.
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Heating Y/NYes
General for 1713 Center Ave.
AccessibilityHandicap Access
Availability Date2026-11-10
Building Area UnitsSquare Feet
Building NamePayette Foster Care Facility
Business TypeSpecial Purpose
Cap Rate6.71
CityPayette
Construction MaterialsFrame
CoolingCentral Air
CountyPayette
Electric110 Volt
FreeholdIDX
Gross Income139668
HeatingForced Air
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
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
Living Area UnitsSquare Feet
Lot Size Square Feet28749.6
Lot Size UnitsAcres
MLS AreaPayette - 1750
ModificationTimestamp2025-03-10T06:00:53.900Z
Net Operating Income117464
Number Of Units Total16
Ok to Lease36
Operating Expense22204
Possible UseLand Suitable(Multifamily)
Property TypeCommercial Sale
RoofComposition
Security FeaturesFire Alarm
Senior Community Y/NYes
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount8268
UtilitiesSewer Connected
Year Built1988
Exterior for 1713 Center Ave.
Building Area Total8067
Exterior AmenitiesPaved Outside Area
FencingPartial
Lot Features1/2 - .99 Acre
Lot Size Acres0.66
Lot Size Area0.66
Parking Features11 - 20 Spaces
Road Surface TypePaved
Total Parking16
Water SourceCity Service
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Jesus Yerena Delgado
Agent
ES 
EN