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4355 W Emerald St Boise, ID 83706

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For Sale
$5,759,000

38,396 SF office building with income-producing opportunity in Boise.

Lot size:
2.43 Acres

Property Features for 4355 W Emerald St

General Information

Lot size
2.43 Acres

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Listing Contact
Peter Oliver, Sior, Ccim
Source: Tokcommercial

Listing Agent: Peter Oliver, Sior, Ccim

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

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Overview

Multi-Tenant Office Building For Sale

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.
Location Intelligence

Current Use by Public Records

MedMan, Medical Management Physician Eaton Corporation Association Or Organization BrightStar Care Homes Employment Agency

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Boise
County
Ada
State
Idaho
Longitude
-116.2354239
Latitude
43.6112185

FAQs

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 St Boise, ID.
What is the asking price?
The asking price for this property is $5,759,000.
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.
More about this property
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