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.
MLS# | 98922082 |
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Listing Type | For Sale |
Building Name | Franklin Plaza |
Sub-Type | Resale |
Status | Active |
Year | 1937 |
Days On Site | 72 |
Listing Provided By | Aspire Realty Group | Jesse Taff |
SQ Feet | 7,487 |
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Story(s) | 1 |
Acreage | 0.49 |
State | ID |
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County | Ada |
City | Meridian |
Zip Code | 83642 |
Area | Meridian NW |
Listing VS Median (in 83642) | |
Price: $980,000 low | high Med: $569,900 SqFt: 7,487 low | high Med: 1,889 $ / SqFt: $131 low | high Med: $302 On Site: 72 low | high Med: 84.000000 |