Investment Overview
Lee & Associates is pleased to present this highly versatile commercial asset in Boise’s primary retail corridor. This unique opportunity allows buyers and developers to acquire the property as an entire 2.047-acre assemblage or as individual split parcels tailored to specific operational or development needs.
Option A ($2,800,000): Consists of the 9,950 SF freestanding commercial building on 1.014 acres. Ideal for owner-users, retail operators, or medical/office users seeking a prominent presence near Boise Town Square Mall with ample dedicated parking.
Option B ($975,000): Consists of 1.033 acres of clear, excess commercial land. Zoned MX-3 (Mixed-Use Active Base), this parcel presents a prime infill redevelopment opportunity for high-density residential, retail, office, or mixed-use projects.
Combined Portfolio ($3,775,000): Purchase the full 2.047-acre site for complete master-planning flexibility, value-add repositioning, or large-scale re-tenanting.
With flexible MX-3 zoning and immediate proximity to I-184 and Saint Alphonsus, this offering provides maximum flexibility for owner-occupants, value-add investors, and infill developers alike.
Investment Highlights
- Offering Flexibility: Available for both Sale and Lease, catering to owner-users, tenant operations, or opportunistic developers.
- Multiple Value Driver Options: Perfect for an owner-user to acquire the building while selling off or developing the excess land parcel.
- Flexible Zoning (MX-3): Boise’s Mixed-Use Active Base zoning supports high-density commercial, mixed-use, residential, retail, office, and hospitality uses.
- Ample Parking: Extensive paved on-site surface parking lot directly surrounding the building.
- High Exposure & Traffic: Excellent street frontage and high daily traffic counts along Emerald St., surrounded by established regional and national co-tenants.