1475 S Meridian Rd - Office FOR SALE


Meridian, ID 83642- Southwest Meridian
$1,895,000 USD
208-938-3818
1475 S Meridian Rd, Meridian, ID for Sale
$1,895,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

1475 S Meridian Rd
Meridian, ID 83642
Southwest Meridian


HIGHLIGHTS

  • Vanilla Shell Condition
  • Redevelopment Opportunity
  • S Meridian Rd and W Overland rd

OVERVIEW

Property Investment Idaho is pleased to present an exceptional value-add opportunity for investors seeking to create a custom commercial asset in Meridian's most prominent interstate corridor. This 25-suite property is located at the Meridian Road interchange of I-84 alongside two companion hospitality properties, this 8,694-square-foot building has been professionally demised to shell condition with all flooring and hotel furniture removed, providing a blank canvas for strategic repositioning. With 128,000 vehicles per day (2015 data) passing this high-visibility location and each of the 25 spaces featuring private restroom facilities, the property is ideally configured for professional service suites, retail services, or health and wellness concepts requiring private treatment rooms.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C-G

APN/PARCEL ID

R7702510033

ASK ABOUT THIS PROPERTY

Diana AndersonSilvercreek Realty GroupMore Info
208-938-3818

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Diana AndersonSilvercreek Realty GroupMore Info
208-938-3818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.