For Sale
$1,540,000

1736 Broadway AveBoise, ID 83706

High-traffic, vacant retail space.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a vacant 6,540 square foot retail storefront located at 1736-1756 S Broadway Ave, Boise, ID 83706. The property comprises two buildings, built in 1937 and 1965, situated on a 18,295 square foot lot. The property features three units and benefits from excellent access via Broadway Avenue and a rear alley. Adding significant value are two billboard leases and a cell tower with three separate leases. The high-traffic location boasts 27,247 vehicles per day. The property is zoned MX - 3 Boise City, and the 2023 property taxes totaled $10,546. The asking price is $1,540,000, translating to $235.47 per square foot and $84.18 per square foot for land value. The property is currently vacant, offering a blank canvas for a new tenant or owner-occupancy. This is a rare opportunity to acquire a well-located retail property with significant income-generating potential from existing leases. Please note that the property is vacant and there is no lockbox access.

Highlights

  • Vacant 6,540 SF retail storefront on a 18,295 SF lot at 1736-1756 S Broadway Ave, Boise, ID.
  • Two buildings (1937 & 1965 construction), three units, excellent Broadway Ave & alley access.
  • Significant income from two billboard leases and three cell tower leases.
  • High-traffic location (27,247 VPD), MX-3 zoning.
  • $1,540,000 asking price ($235.47/SF, $84.18/SF land); 2023 property taxes: $10,546.
  • Currently vacant; no lockbox access.

Property Details for 1736 Broadway Ave

Property type
Retail properties, Retail space
Square Feet
6,540 SF
Year Built
1937
Buildings
2
Stories
1
Units
3

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.591547296886
Longitude
-116.19348658714
1736 Broadway Ave, Boise, Idaho

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1736 Broadway Ave
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