Americana Boulevard Mixed-Use Development
For Sale
$5,900,000
304 Americana Boulevard, Boise, ID 83702
Prime mixed-use development opportunity near downtown Boise with existing income.
Property Size1 SF
Price / SF$5,900,000
Days on Market273
Property Features for 304 Americana Boulevard
General Information
Standard status
Active
Size
1 SF
Property subtype
Mixed-Use, Downtown Redevelopment Property
Listing Agency:
(208) 947-0831
Listed By:
Michael Ballantyne, SIOR, CCIM
Source:
Tokcommercial
Added: Nov 21, 2025
Changed: Aug 15
Last Checked: Aug 21 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Ballantyne, SIOR, CCIM
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,600
Businesses Nearby
Explore this area
Business Placement
Demographics for 83702, ID
23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 Boulevard Boise, ID.
What is the asking price?
The asking price for this property is $5,900,000.
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.
