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COMMERCIAL - New Meadows, ID
Prime 1.385 acre commercial parcel located at the SE corner of Highway 55 and Highway 95 in downtown New Meadows, Idaho. Partially occupied by a freestanding Subway restaurant with a lease running to 2035 and an NOI of approximately $16,000/year. About 1 acre of unoccupied high visibility land is ready for your development ideas. The entire parcel has 330 feet of Highway 55 frontage. The property has been deed restricted to prohibit a gas station use. Zoning is Central Business District for City of New Meadows. The property received closure on an environmental remediation from DEQ in June of 2000.
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