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The Modern Hotel + Bar 1314 W Grove St 39 Room Hotel Boise, ID 83702 $8,593,500 CAD ($220,346 CAD/Room)
Executive Summary
The Modern Hotel + Bar is a rare opportunity to acquire one of downtown Boise’s most recognizable independent hospitality assets, located in the heart of the Linen District wihtin Boise’s urban core. Originally built in 1961 and thoughtfully redeveloped from a former Travelodge into The Modern in 2006, the property includes 39 well-designed hotel rooms, a full-service restaurant and bar, an outdoor courtyard, 24 off-street parking spaces, and approximately 0.56 acres. The hotel has built a strong identity around community, the arts, and authenticity, attracting both visitors and locals who value a unique downtown Boise experience over a standard chain hotel.
Property Facts
| Price | $8,593,500 CAD | Building Size | 20,028 SF |
| Price Per Room | $220,346 CAD | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1961/2006 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | A | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.56 AC | Corridor | Interior |
| Zoning | MX-5 - High density, urban core zoning with zero setbacks and unlimited height. | ||
| Price | $8,593,500 CAD |
| Price Per Room | $220,346 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.56 AC |
| Building Size | 20,028 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2006 |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
| Corridor | Interior |
| Zoning | MX-5 - High density, urban core zoning with zero setbacks and unlimited height. |
Amenities
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $239.24 CAD | - |
| Guest Room | 34 | $169.12 CAD | - |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R1013007481 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,874,800 CAD |
Property Taxes
Parcel Number
R1013007481
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,874,800 CAD
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The Modern Hotel + Bar | 1314 W Grove St
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