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Boise, ID 83702 420 W Main Street # 205

420 W Main Street # 205 Boise, ID - Image 1420 W Main Street # 205 Boise, ID - Image 2420 W Main Street # 205 Boise, ID - Image 3
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420 W Main Street # 205 Boise, ID - Image 4420 W Main Street # 205 Boise, ID - Image 5420 W Main Street # 205 Boise, ID - Image 6420 W Main Street # 205 Boise, ID - Image 7420 W Main Street # 205 Boise, ID - Image 8
Presented By: Story Commercial, LLC
  • MLS# 98940769
  • 03/28/2025
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  • SQFT • 2,200

Home Details

This high-quality office condo offers an exceptional investment opportunity in the heart of downtown Boise. This fully leased 2,200sf property is home to the renowned law firm Wilson Sonsini Goodrich & Rosati, with a lease in place through August 2026 (and two 1-year renewals with escalations). Investors will benefit from a strong net operating income of ~$42,000 in 2024, which equates to a 6% cap rate. Total current monthly rent = $5028.46. Included with the property are two off-street parking spaces, enhancing convenience for tenants as well as a storage unit in the garage. This premium office asset presents a rare chance to own a stable, income-generating property in one of Boise’s most desirable locations.
Presented By: Story Commercial, LLC

Interior Features for 420 W Main Street # 205

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes

General for 420 W Main Street # 205

Attached Garage No
Building Area UnitsSquare Feet
Building FeaturesElevator- Passenger
Building NameVeltex - Leased Office Condo
Business TypeProfessional/Office
Cap Rate6
Carport Y/NNo
CityBoise
Construction MaterialsBrick, Concrete, Stucco
CoolingCentral Air
CountyAda
Garage Y/NNo
Gross Income59128
HOANo
HeatingForced Air, Geothermal
Home Warranty Y/NNo
Land Lease Y/NNo
Lease TypeFull Service
Living Area UnitsSquare Feet
Lot Size Square Feet0
Lot Size UnitsAcres
MLS AreaBoise North - 0100
Net Operating Income42204
New ConstructionNo
Operating Expense16924
Property Attached Y/NNo
Property TypeCommercial Sale
Senior Community Y/NNo
StatusActive
Unit Number205
UtilitiesSewer Connected
Waterfront Y/NNo
Zoning DescriptionMX-5

Exterior for 420 W Main Street # 205

Building Area Total2200
Foundation DetailsBasement
Lot Size Acres
Lot Size Area0
Open Parking Y/NNo
Parking Features1 - 5 Spaces
SpaNo

Additional Details

Price History

Jesus Yerena Delgado

Agent
Price $703,000
MLS#98940769
List Date 03/28/2025
Property Type Commercial
Phone 801.915.1385
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