Meridian, ID 83642 40 W Franklin Rd
$980,000
3 more
Presented By: Boise Premier Real Estate
SQFT • 7,487
Home Details
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.
Presented By: Boise Premier Real Estate
Interior Features for 40 W Franklin Rd
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
General for 40 W Franklin Rd
AccessibilityHandicap Access
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquare Feet
Building NameFranklin Plaza
Business TypeProfessional/Office
Carport Y/NNo
CityMeridian
Construction MaterialsFrame
CoolingCentral Air
CountyAda
DirectionsNorth on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)
Electric110 Volt, 220 Volts
FreeholdIDX, BBO
Garage Y/NNo
HOANo
HeatingForced Air, Natural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Leasehold Rent $/Mo5955
Legal DescriptionPAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B
Listing TermsCash, Consider All, Conventional, Private Financing Available
Living Area UnitsSquare Feet
Lot Size Square Feet21344.4
Lot Size UnitsAcres
MLS AreaMeridian NW - 1030
ModificationTimestamp2025-03-24T17:28:58.100Z
New ConstructionNo
Property Attached Y/NNo
Property TypeCommercial Sale
RoofComposition, Flat
Senior Community Y/NNo
Showing InstructionsAppointment Only
Standard StatusActive
StatusActive
Stories Count1
UtilitiesSewer Connected, Natural Gas Available
Year Built1937
Exterior for 40 W Franklin Rd
Building Area Total7487
FencingPartial
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Features10000 SF - .49 Acre
Lot Size Acres0.49
Lot Size Area0.49
Parking Features11 - 20 Spaces
SpaNo
Total Parking20
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Jesus Yerena Delgado
Agent
EN 
ES