Search
Office Building With Separate Entries
For Sale
$945,000

40 W Franklin Rd, Meridian, ID 83642

Commercial Sale, Meridian, ID

Property Size7,487 SF
Lot Size0.49 Acres
Price / SF$126.22
Days on Market159

Property Features for 40 W Franklin Rd

General Information

Property type Residential
Property subtype Other
Parking 20
Accessibility Accessible Approach with Ramp
Lot features 10000 S F - .49 Acre
Directions North on Main St, West on Franklin Rd, North into parking lot (two buildings in from Meridian Rd)
Standard status Active
APN R8342000247
Size 7,487 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Description PAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B
Legal Description PAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1937
Floors in Building 1
Flooring type Wood
Building materials Frame
Roof type Flat, Composition
Listing Agency: Boise Premier Real Estate
Listed By: Marcos Prado · License #SP56515
Added: Apr 8 Changed: Sep 13 Last Checked: Sep 13 at 11:06PM
MLS# 98981114

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,487-square-foot office building contains five currently leased units, each with its own restroom and entrance. The existing layout can be reconfigured to create as many as eight units, providing flexibility for future occupancy arrangements or remodeling. The property was built in 1937 and features frame construction, wood flooring, central air, and forced-air natural gas heating. A ramp provides accessible approach to the building.

Set on 0.49 acres at 40 W Franklin Rd in Meridian, Idaho, the property is located in Ada County and carries the 83642 ZIP Code. Natural gas is available, and the building has a flat composition roof. The current configuration supports separate office occupants while allowing for additional subdivision of the interior.

Key Highlights

  • 7,487‑square‑foot office building on 0.49 acres
  • Five currently leased office units
  • Layout can be divided into as many as eight units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Balancing Kneads Alternative Medicine Practice E Z TRANSPORT ... Freight Service Meridian Developmental Services Physician Angelia Thorne Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Locksmith Tanning Salon Catering Service

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

5
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,183
Businesses Nearby

Demographics for 83642, ID

55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with individually accessed suites and potential for additional unit separation.
Where is this office building located?
The property is located at 40 W Franklin Rd Meridian, ID.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 7,487‑square‑foot office building on 0.49 acres; Five currently leased office units; Layout can be divided into as many as eight units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message