Skip To Content

40 W Franklin Rd

Meridian, ID 83642
  • $1,050,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 98903662
UPDATED: 59 min ago
$1,050,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,487
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1937
County:
Ada

School Ratings & Info

Intermountain MLS logoCourtesy of Aspire Realty Group.

Description

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.

Directions: North on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)

Monthly Payment Calculator



Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-04-24T16:10:30.633.
www.realestatetwinfalls.com/homes/148648139
Print Image

40 W Franklin Rd Meridian, ID 83642

  • Price: $1,050,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 59 min ago
  • MLS #: 98903662
0
Beds
0
Baths
0
½ Baths
0.49
Acres
7,487
SQFT
$140
$/SQFT
1937
Built
Neighborhood:
Meridian Nw - 1030
County:
Ada
Area:
Meridian Nw - 1030
Property Description
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.

Directions: North on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)
Exterior Features

Construction Materials Frame Fencing Partial Lot Features 10000 SF - .49 Acre Parking Features 11 - 20 Spaces Parking Total 20 Roof CompositionFlat

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 7487 Cooling Central Air Cooling YN Yes Flooring Wood Heating Forced AirNatural Gas Heating YN Yes

Property Features

Business Type Professional/Office Electric 110 Volt220 Volts Land Lease YN No Listing Terms CashConsider AllConventionalPrivate Financing Available Tax Legal Description PAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B Utilities Sewer ConnectedNatural Gas Available Water Source City Service

Intermountain MLS logoCourtesy of Aspire Realty Group: 208-615-2433.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-04-24T16:10:30.633.
 
https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98903662-2.jpg https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98903662-2.jpg https://bt-photos.global.ssl.fastly.net/imls/1280_boomver_1_98903662-2.jpg
Logo
Jeremy Orton Real Estate Group | Keller Williams
647 Filer Ave., Ste 101
Twin Falls ID, 83301
Intermountain MLS logoCourtesy of Aspire Realty Group.