507 E 45th St - R&D FOR SALE


Garden City, ID 83714- Northwest Section
$3,500,000 USD
208-440-1926
507 E 45th St, Garden City, ID for Sale
$3,500,000 USD
R&D - FOR SALE
1/6
null | Request Cap Rate

507 E 45th St
Garden City, ID 83714
Northwest Section


HIGHLIGHTS

  • The 3 unit industrial building has had over 1 million in renovations in the last 4 years
  • Full fire suppression, all HVAC has been rebuilt or replaced (5 units)
  • Front office area offers 3 individual suites with shared kitchenette and bathrooms along with 2 other built out offices in the open space

OVERVIEW

Lee & Associates is pleased to present this one-of-a-kind office/warehouse/flex building located along the Boise River in Garden City. The property offers flexible use options for an owner/user or investor and is increasingly rare as Garden City continues to redevelop. The office component includes approximately 4,116 SF of remodeled space, built out to accommodate up to three tenants (currently occupied by one user). Common areas feature a shared lobby, a large updated kitchen/breakroom, and upgraded restrooms. Adjacent to the office is approximately 10,000 SF of clean warehouse space with multiple roll-up doors and several small built-out offices, all recently renovated. The green-conscious improvements include new LED lighting throughout, providing significant annual savings on Idaho Power utilities. The property offers front parking for approximately 30 vehicles, a ±20,000 SF contractor’s yard currently leased, and a 232 SF outbuilding with a roll-up door, ample power, and a restroom, also currently leased.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.29

LAND SF

56,192

ZONING

C-2D

APN/PARCEL ID

R2734522225

ASK ABOUT THIS PROPERTY

Drey CampbellLee & Associates Idaho, LLCMore Info
208-440-1926

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Drey CampbellLee & Associates Idaho, LLCMore Info
208-440-1926

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