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Commercial Building with Flex Zoning
For Lease
$732,000

424 S 3rd St, Nampa, ID 83651

Downtown Nampa commercial building with GB1 zoning, built as seven studio apartments with multiple kitchens and bathrooms.

Space SizeContact for details
Days on Market48

Property Features for 424 S 3rd St

General Information

Standard status Active
Zoning GB1

Building Details

Year Built 1924
Listing Agency: Mark Bottles Real Estate Serv.
Listed By: David Bohecker · License #22560
Source: Debbiemarcotterealestate
Added: Jul 20 Changed: Sep 3 Last Checked: Sep 4 at 9:36AM

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 Mark Bottles Real Estate Serv.

Investment Insights

Based on property information with market context.

Located at 424 3rd St S in downtown Nampa, this commercial property sits across the street from Nampa City Hall. The building is identified as having flexible GB1 zoning intended to accommodate a variety of office, retail, creative, and professional uses.

The property is built out as seven studio apartments, and the studio apartment configuration is described as not a permitted use in GB1 zoning. The building includes multiple kitchens and bathrooms, offering internal flexibility for reconfiguration based on the buyer or tenant’s approved use plan.

The seller notes that all offers will be presented and the property is also available for lease, giving owner-users and investors options to customize for permitted uses or explore redevelopment.

Key Highlights

  • ±3,700 SF commercial building at 424 3rd St. South in downtown Nampa, across from Nampa City Hall.
  • GB1 zoning allows a range of office, retail, creative, and professional uses.
  • Building built out as seven studio apartments with multiple kitchens and bathrooms (studio apartment use not permitted in GB‑1 zoning).

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Catering Service Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Wine and Liquor Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby

Demographics for 83651, ID

34,509
Population
14,031
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
86%
High-School Grad
15.9 sq mi
ZIP Area
2,170
Density / Sq Mi
$66,895
Median Household Income
$34,770
Median Earnings
$1,334
Median Rent
$312,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Downtown Nampa commercial building with GB1 zoning, built as seven studio apartments with multiple kitchens and bathrooms.
Where is this apartment building located?
The property is located at 424 S 3rd St Nampa, ID.
What is the lease rate?
The lease rate is $732,000.
What are key features of this property?
This property features: ±3,700 SF commercial building at 424 3rd St. South in downtown Nampa, across from Nampa City Hall.; GB1 zoning allows a range of office, retail, creative, and professional uses.; Building built out as seven studio apartments with multiple kitchens and bathrooms (studio apartment use not permitted in GB‑1 zoning).
More about this property
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