507 E 45th St
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507 E 45th St
15,000 SF 100% Leased Flex Building Garden City, ID 83714 $3,600,000 ($240/SF)
Investment Highlights
- Has had over $1 million in renovations in the last 4 years
Executive Summary
Lee & Associates is pleased to present this one of a kind office/warehouse/flex building in Garden City. Sitting next to the Boise River, this building can be used in a variety of combinations for an owner/user or investment property. Garden city is quickly becoming an area where properties like this are becoming less common. The office suite offers approximately 4,116 SF of remodeled space that has been built-out to house three separate tenants (currently one user). The common area includes a shared lobby, very large updated kitchen/breakroom and refined bathrooms. In line with the office is approximately 10,000 SF of clean warehouse with a variety of roll-up doors and small built out offices; all recently renovated. The green-conscious renovation of this property included all new LED lighting resulting in significant savings in Idaho Power utility costs each year.
The parking lot in the front of the building holds 30 cars and there is a contractors yard that is ±20,000 SF that is being leased currently. There is also a 232 SF outbuilding with a roll up door that is being leased, which has plenty of power and a bathroom.
The parking lot in the front of the building holds 30 cars and there is a contractors yard that is ±20,000 SF that is being leased currently. There is also a 232 SF outbuilding with a roll up door that is being leased, which has plenty of power and a bathroom.
Property Facts
Price | $3,600,000 | Rentable Building Area | 15,000 SF |
Price Per SF | $240 | No. Stories | 1 |
Sale Type | Investment | Year Built | 1970 |
Property Type | Flex | Parking Ratio | 2.34/1,000 SF |
Property Subtype | R&D | Clear Ceiling Height | 15 FT |
Building Class | B | No. Drive In / Grade-Level Doors | 2 |
Lot Size | 1.29 AC |
Price | $3,600,000 |
Price Per SF | $240 |
Sale Type | Investment |
Property Type | Flex |
Property Subtype | R&D |
Building Class | B |
Lot Size | 1.29 AC |
Rentable Building Area | 15,000 SF |
No. Stories | 1 |
Year Built | 1970 |
Parking Ratio | 2.34/1,000 SF |
Clear Ceiling Height | 15 FT |
No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Yard
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
Parcel Number | R2734522225 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,440,300 |
PROPERTY TAXES
Parcel Number
R2734522225
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,440,300
zoning
Zoning Code | C-2D (Mixed use zoning approved) |
C-2D (Mixed use zoning approved) |
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507 E 45th St
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