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Show MAIN STREET DEAL SPELLS HIGH VALUE Montpelier, Idaho, Banker Trades Eli $40,000 Ranch for Frontage of Fifteen Feet. A piece of Main street business prof erty changed hands yesterday at a pria approximating $3000 a foot No mow exchanged hands, as the deal was i trade, but it represents a transaction tf between $40.00(1 and $50,000. Frank T. Roberts and his brother. Dm C. Roberts, traded the ground and buili- J ing at 110 South Main street, occupied by a jewelry store, to Louis B. Lever g ich of Montpelier, Idaho, for a ranch in that district owned by Mr. Levericb. The property just acquired by Mr. Leverich has a fifteen-foot frontage s Main street, a few steps from Tim South street, and has a depth of $ feet. The new owner is a retired baa! er and rancher and, according to A. Smith of the Intermountain InvestmEK company, who negotiated the deal, r-quired r-quired the property as an investment He is thinking of making his permanent residence in Salt Lake. The ranch which the Roberts brother! ot in the deal comprises 700 acres iti fs said to be valued at more than 0.-000. 0.-000. Frank T. Roberts plans to sped much of his time there. |