Class A Office
398 S 9th St Suite 250 Boise, ID 83702
New
398 S 9th St Suite 250, Boise, ID, 83702
$599,000
For Sale
$599,000
Modern office suite with four private offices, a conference room, break room, work room, and private restroom with shower.
Property Size1,911 SF
Price / SF$313.45
Days on Market6
Property Features for 398 S 9th St Suite 250
General Information
- Standard status
- Active
- Size
- 1,911 SF
- Property subtype
- Commercial
Listing agency
Story Commercial, LLC
(208) 841-8320
Listed by
Jay Story · License #DB26324
Source
Clearwaterproperties
Added: Jul 17 Updated: Jul 21 at 11:52PM Checked: Jul 21 at 11:52PM
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 Story Commercial, LLC
Investment Insights
Based on property information with market context.
Class A office suite built in 2005, designed to support a contemporary professional work environment. The interior includes four private offices, a conference room, break room, work room, and a full bathroom with a shower. The layout is flexible and suited for a range of workplace needs.
Located in Downtown Boise’s BoDo district, the property offers convenient parking in an adjacent garage. This suite is also available for lease.
The suite is presented as a complete office space with dedicated amenities, including a conference room and separate private office areas.
Located in Downtown Boise’s BoDo district, the property offers convenient parking in an adjacent garage. This suite is also available for lease.
The suite is presented as a complete office space with dedicated amenities, including a conference room and separate private office areas.
Key Highlights
- Built in 2005 Class A office in Boise’s BoDo (Downtown) district
- Flexible office layout with four private offices
- Includes conference room, break room, and work room
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 | $40.1k | $21.00 |
| − Vacancy | −$5.6k | −$2.94 |
| EGI | $34.5k | $18.06 |
| − OpEx | −$8.6k | −$4.52 |
| NOI | $25.9k | $13.54 |
1,911 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$369.8K
$323.6K – $431.4K
NOI $25,884 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.8K
$461.8K – $615.7K
NOI $36,943 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Boise Dental Sleep ...
Medical Clinic
Boise Integrative Dentistry
Dental Office
Bruce Dan DDS
Dental Office
Ririe Robert DDS
Dental Office
Bruce Steve DMD
Dental Office
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FAQs
What type of property is this?
Office units - Modern office suite with four private offices, a conference room, break room, work room, and private restroom with shower.
Where is this office units located?
The property is located at 398 S 9th St Suite 250 Boise, ID.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Built in 2005 Class A office in Boise’s BoDo (Downtown) district; Flexible office layout with four private offices; Includes conference room, break room, and work room
