Multi-Tenant Office Building For
4355 W Emerald Street Boise, ID 83706
For Sale
$5,375,000
38,396 SF office building with income-producing opportunity in Boise.
Property Size38,396 SF
Lot Size2.43 Acres
Price / SF$139.99
Days on Market146
Property Features for 4355 W Emerald Street
General Information
Standard status
Active
Size
38,396 SF
Lot size
2.43 Acres
Property subtype
Office
Listing Agency:
TOK Commercial
(208) 947-0802
Listed By:
Nick Schuitemaker, CCIM · License #SP44833
Source:
Tokcommercial
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 30 at 5:36AM
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 TOK Commercial
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 Street Boise, ID.
What is the asking price?
The asking price for this property is $5,375,000.
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.
