State Street Motel 1115 N 28th St 12 Room Hotel Boise, ID 83702 $2,046,360 CAD ($170,530 CAD/Room)

Exceptional mixed-use development opportunity in one of Boise's most strategic locations. The State Street Motel combines immediate income-producing assets with significant redevelopment potential under MX-3 Active Mixed-Use zoning. This 12-unit, ±4,700 square foot hospitality property offers investors and developers the rare combination of stable current operations and transformative long-term upside.
Located just steps from downtown Boise on the highly bikeable State Street corridor (Bike Score: 86), this property capitalizes on Boise's thriving tourism market, residential growth, and transit-oriented development initiatives.
- 12 fully operational motel rooms generating consistent revenue
- Solid occupancy – Established customer base and repeat business
- Low-maintenance operation – Owner/operator friendly with established management systems
- Amenities – High-speed WiFi, public access, smoke-free rooms, kitchenettes available Redevelopment Opportunity:
- MX-3 Active Mixed-Use Zoning – Permits office, commercial, institutional, and residential uses
- Urban revitalization potential – Transform into modern studio apartments, mixed-use commercial/residential, or contemporary boutique hospitality
- Transit-oriented development – Located on Boise's Best-in-Class Transit Route (State Street corridor)
- 4+ story development feasible – Allows vertical density to maximize land value and ROI
- Downtown proximity – Walking distance to employment, retail, dining, and entertainment
- Established infrastructure – Water, sewer, utilities already in place