141 W State Street | Shovel Mixed-Use Development For Sale | Donnelly | TOK Commercial

Investment Overview

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.

Investment 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.
• Prime Downtown Donnelly Location – Positioned on State Street in the Central Business District near established local businesses.
• Minutes from Tamarack Resort – Adjacent to a $245M+ resort expansion with skiing, golf, lake recreation, and a new marina opening in 2026.
• Strong Workforce Housing Demand – Area faces a major shortage of year-round housing, supporting long-term rental demand.