Contacts

Lenny Nelson

TOK Commercial

Property Details

Property Type VacantLand
Property Size 7,276 SF
Lot Size 0.17 Acre
Date Updated Apr 15, 2026

Prime downtown Donnelly development site on State Street within the Central Business District, minutes from Tamarack Resort and Lake Cascade offering mountain and lake access.Introducing a prime investment opportunity at 141 State Street in Donnelly, Idaho. This fully approved mixed-use project encompasses a 7,276 SF building, featuring 2,432 SF of commercial/office space on the ground floor and three residential units totaling 4,754 SF above. Situated in a Federal Opportunity Zone, this property offers potential capital gains tax advantages for investors. Boasting a central downtown location in the business district, it is just minutes from the upcoming Tamarack Resort expansion. With a strong workforce housing demand, this property presents a compelling opportunity for a multifamily investor seeking an advantageous and versatile asset.

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Highlights

Fully Approved Mixed-Use Project – ~7,276 SF building with 2,432 SF commercial/office space on the first floor and three residential units totaling 4,754 SF above.
Located in a Federal Opportunity Zone – Potential capital gains tax advantages for investors.
Minutes from Tamarack Resort – Adjacent to a $245M+ resort expansion with skiing, golf, lake recreation, and a new marina opening in 2026.
Prime Downtown Donnelly Location – Positioned on State Street in the Central Business District near established local businesses.
Strong Workforce Housing Demand – Area faces a major shortage of year-round housing, supporting long-term rental demand.