1011 Williams StBoise, ID 83706

Property Details for 1011 Williams St

Year built

1910

Lot size

0.14 AC

Property size (Sq ft)

3,382 SF

Zone code

C-2D

Property type

Other commercial real estate

APN

R1955001720

APU

R1955001720

Description

This exceptional 3,925 square foot storefront, formerly South Boise Fire Station #3, presents a compelling investment opportunity. Built in 1910 and designed in the bungalow style by the architects of the Idaho State Capitol, this architecturally significant brick building boasts a prime downtown Boise location on W Williams St, near Broadway and Boise Avenues, across from Hofgarten Park. Currently fully leased as office and retail space (including a flower shop and salon), the property offers a strong net operating income (NOI) of $53,282 and a 5.99% cap rate at an asking price of $890,000 ($226.75/sq ft). The C-2D zoning allows for flexible use. Ample parking is available, including dedicated parking and unrestricted street parking. This property is not subject to historical district requirements but is eligible for a federal rehabilitation tax credit program, adding further investment potential. Its convenient location and strong tenant base make this a truly unique and attractive investment opportunity in the heart of Boise, Idaho. Don't miss the chance to own a piece of Boise's history.

Location Insight

City

Boise

County

Ada

State

Idaho

Latitude

43.5906

Longitude

-116.195

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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