$980,000
( $130.89Per Sq Foot )
 $5,261 est/mo Sourced by Back At You

40 W Franklin Rd , Meridian, ID 83642

Meridian, ID 83642

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Description

Fully leased 5 unit office building, in the heart of Meridian, with significant upside! Currently divided into 5 units but able to split into 8 units, all with separate restrooms and entries. Bring rents up to market rates with the longstanding tenants, owner occupy a portion of the building, or remodel and increase rents further. Many possibilities to turn this property into one of your highest yielding assets after purchasing at one of the lowest price per sqft on the market.

Details

MLS#98922082
Listing TypeFor Sale
Building NameFranklin Plaza
Sub-TypeResale
StatusActive
Year1937
Days On Site72
Listing Provided ByAspire Realty Group | Jesse Taff

Features

SQ Feet7,487
Story(s)1
Acreage0.49
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Intermountain Multiple Listing Service.

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Listings Checked: 3 minutes ago
StateID
CountyAda
CityMeridian
Zip Code83642
AreaMeridian NW
Listing VS Median (in 83642)
Price:
$980,000
low | high
Med:
$569,900
91.84693877551% of Average
SqFt:
7,487
low | high
Med:
1,889
100% of Average
$ / SqFt:
$131
low | high
Med:
$302
80.488072730416% of Average
On Site:
72
low | high
Med:
84.000000
85.714285714286% of Average
Sourced by Back At You
Listing Updated: November 6, 2024 at 5:29:52 PM PST