For Sale
$1,400,000

5620 Fairview Ave Boise, ID 83706

Prime Boise location, high redevelopment potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This 7,033 square foot hotel/motel property at 5620 Fairview Avenue in Boise, Idaho, presents a compelling redevelopment opportunity for discerning investors. Built in 1942, this single-story building sits on a lot with an APN of R1625501656 and is zoned MX-3, allowing for a variety of uses including office, commercial, institutional, and residential development. The asking price is $1,400,000, translating to $199.06 per square foot. Its prime location on Fairview Avenue offers excellent visibility and access to Boise's vibrant city center, boasting diverse dining, shopping, and entertainment options. Nearby attractions include the Boise River Greenbelt, Boise State University, and the Boise Art Museum. The property's existing infrastructure provides a solid foundation for a renovation or complete redevelopment project, capitalizing on Boise's dynamic real estate market and strong potential for value appreciation. The seller is willing to carry a note, making this an even more attractive investment proposition. This is a chance to acquire a significant asset in a thriving Idaho market with flexible zoning and high redevelopment potential. The seller reserves the right to accept or reject any offer.

Highlights

  • 7,033 SF hotel/motel redevelopment opportunity in Boise, ID's MX-3 zone, allowing for office, commercial, institutional, and residential uses.
  • Prime Boise location with excellent Fairview Ave. visibility.
  • Strong investment opportunity in a growing market with high redevelopment potential.
  • Expansion or redevelopment potential.
  • Seller financing available.
  • Seller reserves the right to accept or reject any offer.

Property Details for 5620 Fairview Ave

Property type
Hospitality properties, Motels
Square Feet
7,033 SF
Year Built
1942
Stories
1

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.6193114
Longitude
-116.2521187

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FAQs

What type of property is this?
Hospitality property - Prime Boise location, high redevelopment potential.
Where is the hospitality property located?
The property is located at 5620 Fairview Ave Boise, ID.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 7,033 SF hotel/motel redevelopment opportunity in Boise, ID's MX-3 zone, allowing for office, commercial, institutional, and residential uses.; Prime Boise location with excellent Fairview Ave. visibility.; Strong investment opportunity in a growing market with high redevelopment potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Anmol Rattan
Anmol Rattan
Visit Broker Website

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Fairview Ave
Boise, ID 83706

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Fairview Ave
Boise, ID 83706

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5620 Fairview Ave
  • Anmol Rattan
    Anmol Rattan
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