1604 Penninger DrBoise, ID 83709
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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