Multi-Tenant Office Building For
For Sale
$5,375,000
4355 W Emerald Street, Boise, ID 83706
38,396 SF office building with income-producing opportunity in Boise.
Property Size38,396 SF
Lot Size2.43 Acres
Price / SF$139.99
Days on Market165
Property Features for 4355 W Emerald Street
General Information
Standard status
Active
Size
38,396 SF
Lot size
2.43 Acres
Property subtype
Office
Occupancy
62%
Building Details
Building Size
38,396 SF
Listing Agency:
TOK Commercial
(208) 947-0802
Listed By:
Nick Schuitemaker, CCIM · License #SP44833
Source:
Tokcommercial
Added: Mar 6
Changed: Aug 12
Last Checked: Aug 18 at 5:09AM
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 TOK Commercial
Investment Insights
Based on property information with market context.
This 38,396-square-foot multi-tenant office building, known as Emerald Square, is available for sale or lease. The property is currently 56% leased, offering immediate cash flow and the opportunity for an owner-user to occupy suites ranging from 1,995 to 7,804 square feet while benefiting from rental income. The property is situated on a 2.43-acre site with R-1C zoning in Boise’s Central Bench corridor. The location at 4355 W. Emerald Street in Boise’s Central Bench submarket provides connectivity and accessibility, with convenient access to the I-184 Connector and Downtown Boise, major employment centers, retail corridors, and residential neighborhoods. A new Daikin Mammoth 91-ton HVAC RTU was installed in September 2024, representing a $350,000 capital investment. There is an opportunity to grow net operating income by adjusting in-place rents to market rates over time, supported by current vacancy and near-term lease roll. The R-1C (Residential Traditional) zoning, along with neighboring commercial properties, allows for future rezoning consideration.
Key Highlights
- Income‑producing opportunity with 56% current occupancy, ideal for owner/user to offset costs with rental revenue.
- Attractive purchase price of $150/SF, significantly below replacement cost.
- Strategic location in Boise's Central Bench submarket with immediate access to I‑184 and Downtown Boise.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 83706, ID
34,446
Population
15,992
Households
2.2
Avg Household Size
31
Median Age
57%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
4,655
Density / Sq Mi
$81,101
Median Household Income
$33,331
Median Earnings
$1,378
Median Rent
$488,900
Median Home Value
Market
Vacancy Rate% for Office in Boise, ID
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 38,396 SF office building with income-producing opportunity in Boise.
Where is this office building located?
The property is located at 4355 W Emerald Street Boise, ID.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: Income‑producing opportunity with 56% current occupancy, ideal for owner/user to offset costs with rental revenue.; Attractive purchase price of $150/SF, significantly below replacement cost.; Strategic location in Boise's Central Bench submarket with immediate access to I‑184 and Downtown Boise.
