401 W Front St - Office CONDO FOR SALE


Boise, ID 83702- Downtown Boise
$11,880,318 USD
208-947-0835
401 W Front St, Boise, ID for Sale
$11,880,318 USD
Office CONDO - FOR SALE
1/9
null | 6% Cap Rate

401 W Front St
Boise, ID 83702
Downtown Boise


HIGHLIGHTS

  • Professionally built-out floors with quality finishes and flexible layouts.
  • Offered below replacement cost, providing immediate value to investors.
  • Diverse tenant mix across industries supports long-term occupancy stability.
  • Direct access to parking lot enhances tenant convenience and leasing appeal.
  • Microsoft recently committed $1.5 million toward significant improvements to their space.
  • Parking income adds stable, diversified revenue with the option to completely redevelop the lot.

OVERVIEW

401 W Front Street presents a rare opportunity to acquire a Class A office investment in the heart of downtown Boise, offered below replacement cost and anchored by institutional-grade tenancy including Microsoft and LPL Financial. The offering consists of 40,491 square feet across three floors within an 80,478-square-foot building built in 2007, currently 100% occupied. The property generates $712,819 in actual NOI, offering a 6% cap rate at the $11,880,318 asking price, and features professionally built-out suites, staggered lease expirations, and diversified industry tenancy supporting long-term income stability.

FOR SALE DETAILS

PRICE

$11,880,318 USD

PRICE/SF

$293 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Idaho Central Credit Union Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

80,478 SF

STORIES

6

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

C-5DD

APN/PARCEL ID

R4330120010

ASK ABOUT THIS PROPERTY

Mike Greene CCIM, SIORTOK CommercialMore Info
208-947-0835

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Mike Greene CCIM, SIORTOK CommercialMore Info
208-947-0835

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