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25 Unit Redevelopment Opportunity 1475 Meridian Rd 8,694 SF 100% Leased Office Building Meridian, ID 83642 $2,618,037 CAD ($301.13 CAD/SF)
INVESTMENT HIGHLIGHTS
- Vanilla Shell Condition, Fully Sprinklered
- Next to Roaring Springs Waterand Wahooz
- Ready for redevelopment
- Next to 1-84 exit, major arterial and national retail hub
- Intersection of Meridian Rd and Overland at the freeway
EXECUTIVE SUMMARY
Property Investment Idaho is pleased to present an exceptional value-add opportunity for investors seeking to create a custom commercial asset in Meridian's most prominent interstate corridor. This 25-suite property is located at the Meridian Road interchange of I-84 alongside two companion hospitality properties, this 8,694-square-foot building has been professionally demised to shell condition with all flooring and hotel furniture removed, providing a blank canvas for strategic repositioning. With 128,000 vehicles per day (2015 data) passing this high-visibility location and each of the 25 spaces featuring private restroom facilities, the property is ideally configured for professional service suites, retail services, or health and wellness concepts requiring private treatment rooms.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
8,694 SF
Year Built
1993
Price
$2,618,037 CAD
Price Per SF
$301.13 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
4,347 SF
Building FAR
0.27
Lot Size
0.73 AC
Zoning
C-G - The C-G District is strategically designed to host a diverse array of retail, service, and business activities along major arterials and national hubs
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PROPERTY TAXES
| Parcel Number | R7702510013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,282,511 CAD |
PROPERTY TAXES
Parcel Number
R7702510013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,282,511 CAD
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25 Unit Redevelopment Opportunity | 1475 Meridian Rd
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