2408 S Broadway, Boise, ID 83706

$1,200,000

Listing courtesy of Red Pheasant Realty.

List Price
$1,200,000
Days on Market
12
Status
Active
MLS#
98798231
Region
Boise SE
Subdivision
Veazey Park Add
County
Ada
Acres
0.85

Property Description

Developable acreage on growing arterial into and out of Boise's downtown. Virbrant commercial area surrounded by increasingly upscale residential areas in one of the highest-value-growth parts of Boise. Some entitlements already in place with previous development agreement with the city of Boise. Recent NNN rents provide a 5% Cap Rate at list price with only part of the property fully leased. Solid income while you lay out future development plans. C-1 designation allows for some residential development.

Additional Information

Land Use
5+ Units, Commercial, Office, Commercial, Retail
Water
City Service
Electric
Installed
Gas
Natural Gas
Taxes
$8,307
Tax Year
2020
Parcel Number
R8992000747


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