507 45Th StGarden City, ID 83714

  • Other commercial real estate
  • 13,008 SF
For Sale
$3,600,000 View listing

Property Details for 507 45Th St

Year built
1960
Lot size
1.29 AC
Property size (Sq ft)
13,008 SF
Zone code
C-2
Property type
Other commercial real estate
APN
R2734522225
APU
R2734522225

Description

This exceptional 13,700-square-foot industrial building in Garden City, Idaho, presents a compelling investment opportunity. Located at 507 E 45th St., 83714, this single-story, multi-tenant property boasts a prime location and is currently 100% occupied, generating strong cash flow. The building features approximately 4,116 square feet of remodeled office space, divided into three individual suites, each with shared access to a large, updated kitchen/breakroom and modern bathrooms. The remaining 9,584 square feet comprises a clean warehouse space with multiple roll-up doors and small, built-out offices, all recently renovated. Significant upgrades in the last four years, exceeding $1 million, include a complete overhaul of the HVAC system (five units replaced or rebuilt), installation of new LED lighting (resulting in substantial energy savings), and a refreshed exterior with new landscaping, curbing, irrigation, and fencing. The property also includes a 30-space parking lot, a separately leased approximately 20,000 square foot contractor's yard, and a 232-square-foot outbuilding with a roll-up door, power, and a bathroom. The building is zoned C-2 and benefits from a full fire suppression system. This property is ideal for both owner-users and investors seeking a high-return asset in a rapidly developing area. The asking price is $3,600,000, representing a price per square foot of $262.77.

507 45Th St, Garden City, Idaho

Location Insight

City
Garden City
County
Ada
State
Idaho
Latitude
43.6391
Longitude
-116.25
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,004
$393,300
$898,000
$1,291,300
-
$393,300
$898,000
$1,291,300

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