S Meridian Rd, Meridian, ID / $7,940,000 / 81.04 acres / Development Land
An excellent piece of development property on the northwest corner of Meridian Road and Lake Hazel Road. The City of Meridian is currently bringing utilities closer to this property and they will be located ~3/4 mile to the north. Property has 40.57 acres zoned C-G on the corner, 30.1 acres zoned R-15, and 10.3 acres zoned R-8. A great opportunity for a mixed use development that has higher density housing or multifamily.
3010 W State St, Boise, ID / $795,000 / 7528sf / Office
A freestanding office building on a high traffic street close to downtown Boise! Great access to downtown and points west along State Street. Opportunity for various type users with numerous private offices, open area, conference room, break room, etc. Currently occupied by owner and short term lease back negotiable. Contact agent for all showings.
4091 W State St, Boise, ID / $645,000 / 2500sf & 0.76 acres / Retail
A well established restaurant investment property with a great tenant: The Lift. This property sits on a large corner lot with 36+ parking spaces, great signage, easy access, and traffic counts over 38,000. The rent rate is below market, which provides great stability for the tenant and potential escalations in the future. The current lease runs to 10/31/2021 and has a renewal option at Fair Market Value. Landlord pays property taxes, insurance, along with roof and structure, while Tenant takes care of all maintenance. Located along a major retail thoroughfare makes this a very low risk investment with lots of upside in the future.