2401 Main StBoise, ID 83702
- Other commercial real estate
- 21,420 SF
Property Details for 2401 Main St
- Year built
- 1948
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 21,420 SF
- Zone code
- C-5DD
- Property type
- Other commercial real estate
- APN
- R2734252080
- APU
- R2734252080
Description
This exceptional 1.02-acre (or a 0.35-acre corner lot) property, located at 2401 W Main St in Boise, Idaho (zip code 83702), presents a unique investment opportunity. Situated in the heart of downtown Boise, this site boasts prominent frontage on three major streets and enjoys a highly desirable MX-5 zoning designation. The location offers unparalleled visibility and accessibility, with immediate proximity to established businesses such as McDonald's, the new College of Western Idaho campus, and St. Luke's. The property comprises three contiguous parcels, providing flexibility for a variety of development scenarios. Permitted uses include retail, multifamily, office, medical, and apartment buildings, with no building height restrictions. Boise City and Ada County services are readily available. This prime location offers developers the chance to create a landmark project in a thriving urban environment. The property's versatility and strategic location make it an ideal investment for those seeking significant returns in a rapidly growing market. The potential for mixed-use development allows for a diverse range of possibilities, catering to the needs of a dynamic community. This is a rare opportunity to acquire a substantial parcel of land in a highly sought-after area of Boise.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,387,556
- Hospitality
- $3,102,983
- Educational
- $2,581,646
- Medical
- $2,670,432
- Retail
- $4,015,893
Location Insight
- City
- Boise
- County
- Ada
- State
- Idaho
- Latitude
- 43.6215
- Longitude
- -116.22
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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