101 Anderson Road

Shelley, ID 83274

Just improved

$999,900

Was $1,100,000

1 / 24

Price improved

$999,900

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

Listed from $1,100,000

Beds: —
Baths: 4
Sqft: —
On market: 558 days
Year: 2021
Lot: 0.79 ac
Type: Commercial Sale

Listed by Ryan Lerwill · Keller Williams Realty East Idaho

About this home

Located at 101 Anderson Road in the rapidly developing northern area of Shelley, Idaho, this investment property consists of two parcels totaling 0.79 acres. The centerpiece is a well-maintained industrial building featuring four versatile units, each equipped with a half bath, an office or storage area, and 14-foot roll-up doors, suitable for a range of industrial or commercial uses. The building's robust design and flexible layout make it attractive to tenants, with all four units fully leased—two at $1,250 per month and the other two at $1,450 per month—providing stable, ongoing rental income. The property benefits from its strategic location in Shelley, a town experiencing notable growth, making it an excellent long-term investment with potential for increased demand and value apprecia

Open virtual tour

Estimated payment

$6,022/mo

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

Down payment20% · $199,980Rate6.75%

Principal & interest: $5,188
Est. property tax: $600
Est. insurance: $233

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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