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Downtown Office Suite with Parking
For Lease
$3,000/Mo

501 W Grove Street, Boise, ID 83702

Office suite features three offices, a conference room, kitchen, storage, and four off-street parking spots.

Space SizeContact for details
Property Size2,656 SF
Days on Market13

Property Features for 501 W Grove Street

General Information

Standard status Active
Size 2,656 SF
Total Parking Spaces 4
Property subtype Free Standing Downtown Office | On-Site Parking
Lease Type /mo
Lease Term FSEJ

Amenities

conference room
kitchen
storage

Building Details

Building Size 2,656 SF
Year Built 1940
Listing Agency: Lee & Associates - Boise
Listed By: Chase Erkins, SIOR · License #SP51767
Source: Lee-associates
Added: Jul 25 Changed: Jul 26 Last Checked: Aug 5 at 4:53AM

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 Lee & Associates - Boise

Investment Insights

Based on property information with market context.

This downtown office suite is configured for small office use and includes three offices, a conference room, and a kitchen. The space also provides on-site storage and basement storage, with basement storage noted as not included in the stated square footage.

The offering includes four off-street parking spots included in the rent. The property is presented with signage potential.

An efficient layout supports day-to-day office operations, with both on-site and basement storage available for additional needs.

Key Highlights

  • Office suite in a 1940 building with an efficient layout
  • Includes three offices plus a conference room
  • Kitchen and on‑site storage included, with additional basement storage (1,328 SF) not included in square footage

Property Analytics

Current Use

501 W Grove ... Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Tanning Salon Nursing Home Pet Grooming Service Butcher

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

6,608
Businesses Nearby

Demographics for 83702, ID

23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value

Market

Lease Benchmarks for Boise, ID

$30.85 /SF/Yr
Avg Asking Price
$1.23–$241 /SF/Yr
Price Range
13,809 SF
Avg Space Size

Vacancy Rate% for Office in Boise, ID

7.5% 2020
5.8% 2021
8.8% 2022
11.1% 2023
10.6% 2024
11.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite features three offices, a conference room, kitchen, storage, and four off-street parking spots.
Where is this office units located?
The property is located at 501 W Grove Street Boise, ID.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Office suite in a 1940 building with an efficient layout; Includes three offices plus a conference room; Kitchen and on‑site storage included, with additional basement storage (1,328 SF) not included in square footage
More about this property
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