Active

40 W Franklin Rd

Meridian ID, 83642

$980,000


$130.89 per sqft

Active

7,487 sqft

Commercial

Built in 1937

Courtesy of Jesse Taff, Aspire Realty Group 

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.

98922082

MLS ID

August 28, 2024

Listed

October 15, 2024

Updated

Map

40 W Franklin Rd
Meridian ID, 83642

Interior Features

Total Stories

1


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

10000 SF - 49 Acre


Roof

Composition, Flat

Other Property Details

Area Name

Meridian NW - 1030


Days on Market

48


Garage

No


Parking

11 - 20 Spaces


Parking Total

20


View

No


County

Ada


Water Source

City Service


Pool

No

Listing History

Date

Event

Price

10/15/2024

Price change

$980,000

-6%

 

Courtesy of Aspire Realty Group, Jesse Taff,
Listing Contact: 208-505-1301 

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Data last updated 6:39 AM UTC, 10/15/2024

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