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304 Americana Blvd Boise, ID 83702

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For Sale
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Prime mixed-use development opportunity near downtown Boise with existing income.

Property size:
1 SF
Lot size:
1.73 Acres

Property Features for 304 Americana Blvd

General Information

Size
1 SF
Lot size
1.73 Acres

Source: Michael Ballantyne, SIOR, CCIM Agent Michael Ballantyne, SIOR, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Americana Boulevard Mixed-Use Development Site

Located directly outside Boise's downtown core and immediately adjacent to the I-184 connector, 304 Americana presents an opportunity to purchase a commercial real estate asset. The property, currently operated as an office, warehouse, and cold storage facility, is situated on a 1.73-acre parcel. Fronting the high-traffic freeway spur, the property offers visibility as one of the first visible buildings to traffic inbound to Boise’s downtown amenities, major employers, and educational institutions. The location is between downtown and the West End development area, including the future CWI campus and St. Luke’s new Orthopedic Care Center, as well as multifamily developments. The property is easily accessible and interconnected with the Treasure Valley, and minutes from Boise State University, I-84, the airport, the Boise River and Greenbelt, central Boise, the North End, and the West End. Zoned for Mixed-Use Downtown Design and Development (MX-5DD) in Boise’s River Myrtle-Old Boise Redevelopment District, 304 Americana is suited for office, commercial, institutional, or residential development. The property is 100% occupied with three tenants. Future ownership will benefit from the income of three in-place leases, with the ability to terminate with 6 months’ notice. The seller, Boise Cold Storage, will sign a lease at closing to remain in place until its new facility is completed and operational in mid-2026. An active Artesian well serves the property. The first year NOI is $517,200.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Americana Pizza Restaurant

Suggested Use

Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boise
County
Ada
State
Idaho
Longitude
-116.2149658
Latitude
43.6182761

FAQs

What type of property is this?
Mixed-use property - Prime mixed-use development opportunity near downtown Boise with existing income.
Where is this mixed-use property located?
The property is located at 304 Americana Blvd Boise, ID.
What are key features of this property?
This property features: - High first-year NOI of $517,200 with 100% occupancy and three in-place leases providing income.; - Prime location adjacent to the I-184 connector, offering exceptional visibility and easy access.; - Zoned MX-5DD, making it suitable for large-scale development.
More about this property
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