1604 Penninger DrBoise, ID 83709

For Sale
$1,300,000 View listing
  • Commercial real estate
  • 1,956 SF

Property Details for 1604 Penninger Dr

Year built
1959
Lot size
0.52 AC
Property size (Sq ft)
1,956 SF
Zone code
R-1C
Property type
Commercial real estate
APN
R8378010130
APU
R8378010130

Description

This exceptional turnkey opportunity presents a thriving daycare business in Boise, Idaho, complete with its building and all necessary equipment. Located at 1604 Penninger Dr, Boise, ID 83709, this 1,956 square foot property sits on a 0.52-acre lot and is zoned R1-C. Built in 1959 and renovated in 1991, the single-story building offers a well-established daycare operation with a strong customer base and significant growth potential. The asking price is $1,300,000, translating to $664.62 per square foot. The sale includes the business, the building itself, and all existing equipment and supplies, such as high chairs, tables, chairs, playground equipment, picnic tables, and school supplies. Its prime location, just blocks from the interstate, ensures high visibility and accessibility for families. This owner-user investment presents a rare chance to acquire a successful, established business with immediate income potential and room for expansion in a high-traffic area. The property's excellent condition and comprehensive inclusion of equipment and supplies make this a truly turnkey operation, minimizing the initial investment required to begin operations. This is an ideal opportunity for an experienced daycare operator or an investor seeking a stable, high-return investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $449,418
    Hospitality
    $411,665
    Educational
    $342,500
    Medical
    $354,279
    Retail
    $532,778
1604 Penninger Dr, Boise, Idaho

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.5899
Longitude
-116.282
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
$3,214
$308,100
$112,900
$421,000
-
$308,100
$112,900
$421,000

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