Historic Live-Work Office
315 S 7th Ave Nampa, ID 83651
315 S 7th Ave, Nampa, ID, 83651
$499,000
For Sale
$499,000
Turn-of-the-century home with tall ceilings, configured to support both full-time residence and office use.
Property Size2,616 SF
Price / SF$190.75
Days on Market88
Property Features for 315 S 7th Ave
General Information
- Standard status
- Active
- Size
- 2,616 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1904
Listing agency
Silvercreek Realty Group
(602) 743-8450
Listed by
Robin Wall
(602) 743-8450
Source
Homesofidaho
Added: Apr 27 Updated: Jul 22 at 2:29PM Checked: Jul 22 at 2:29PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This turn-of-the-century home offers welcoming character with tall ceilings and flexible live-work design. Review the available documentation for the specific uses allowed in the building per City Code.
Located at 315 S 7th Ave in Nampa, this property’s zoning supports living on a full-time basis while also operating an office from the same address.
Ideal for buyers seeking a single property that can accommodate both everyday living and a professional workspace under the City Code framework outlined in the provided docs.
Located at 315 S 7th Ave in Nampa, this property’s zoning supports living on a full-time basis while also operating an office from the same address.
Ideal for buyers seeking a single property that can accommodate both everyday living and a professional workspace under the City Code framework outlined in the provided docs.
Key Highlights
- Turn‑of‑the‑century home with tall ceilings
- Configured to support both full‑time residence and office use per City Code (see docs)
- 2616 total building area with basement foundation
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $21.00 |
| − Vacancy | −$9.9k | −$3.78 |
| EGI | $45.0k | $17.22 |
| − OpEx | −$11.3k | −$4.31 |
| NOI | $33.8k | $12.92 |
2,616 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$482.7K
$422.3K – $563.1K
NOI $33,786 @ 7.0% cap · market cap 6.77%
Second Best
Mixed Use
$464.2K
$406.1K – $541.5K
NOI $32,491 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$661.7K
$579.0K – $772.0K
NOI $46,322 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gaertner Chiropractic
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Turn-of-the-century home with tall ceilings, configured to support both full-time residence and office use.
Where is this live-work space located?
The property is located at 315 S 7th Ave Nampa, ID.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Turn‑of‑the‑century home with tall ceilings; Configured to support both full‑time residence and office use per City Code (see docs); 2616 total building area with basement foundation
