40 W Franklin Rd Pending Save Request In-Person Tour Request Virtual Tour
Meridian,ID 83642
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 7,487 sqft
Price per Sqft $130
MLS Listing ID 98966561
HOA Y/N No
Year Built 1937
Lot Size 0.490 Acres
Acres 0.49
Source IMLS 2
Property Description
Fully leased 5 unit office building, in the heart of Meridian, with significant upside! Currently divided into 5 units but able to split into 8 units, all with separate restrooms and entries. Bring rents up to market rates with the longstanding tenants, owner occupy a portion of the building, or remodel and increase rents further. Many possibilities to turn this property into one of your highest yielding assets after purchasing at one of the lowest price per sqft on the market.
Location
State ID
County Ada
Area Meridian Nw - 1030
Direction North on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Wood
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected,Natural Gas Available
Roof Type Composition,Flat
Accessibility Handicap Access
Handicap Access Handicap Access
Total Parking Spaces 20
Building
Lot Description 10000 SF - .49 Acre
Faces North on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)
Story 1
Water City Service
Structure Type Frame
New Construction No
Others
Tax ID R8342000247
Acceptable Financing Cash,Consider All,Conventional,Private Financing Available
Listing Terms Cash,Consider All,Conventional,Private Financing Available