Office Building with Rear
5023 W Emerald Street Boise, ID 83706
5023 W Emerald Street, Boise, ID, 83706
$699,999
For Sale
$699,999
Versatile office and studio setup with ADA access, multiple entrances, and on-site parking for customer-friendly operations.
Property Size2,512 SF
Lot Size0.29 Acres
Price / SF$278.66
Days on Market50
Property Features for 5023 W Emerald Street
General Information
- Standard status
- Active
- Size
- 2,512 SF
- Lot size
- 0.29 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing Agency
CBH Sales & Marketing Inc
(208) 860-8126
Listed by
Brandon Makovsky · License #SP45624
(208) 860-8126
Source
Homesofidaho
Added: May 30 Checked: Jul 4 at 3:56 pm
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 CBH Sales & Marketing Inc
Investment Insights
Based on property information with market context.
This former hair salon offers flexible commercial space with attractive hardwood floors, a kitchen, and a dedicated laundry area. ADA-compliant access runs throughout the property, supporting a wide range of office and service-oriented use cases. A separate entrance to the lower level adds real usability, whether you need private offices, expanded operations, or space for multiple tenants. At the rear, an additional 864-square-foot studio provides extra room for creative, professional, or income-producing activity.
Located at 5023 W Emerald Street in Boise, this property sits on a 0.29-acre lot with notable visibility and accessibility. On-site parking totals 17 spaces, helping customers and clients reach the building with ease. The property is also described as having strong flexibility for business growth, supported by the available interior configuration and exterior access points.
Zoned ZC-245, the building is a strong fit for entrepreneurs, investors, or business owners seeking a highly visible location with room to adapt. The combination of main-level office space, a lower-level entrance, and a rear studio can support multi-use concepts or evolving operational needs without requiring immediate major reconfiguration.
Located at 5023 W Emerald Street in Boise, this property sits on a 0.29-acre lot with notable visibility and accessibility. On-site parking totals 17 spaces, helping customers and clients reach the building with ease. The property is also described as having strong flexibility for business growth, supported by the available interior configuration and exterior access points.
Zoned ZC-245, the building is a strong fit for entrepreneurs, investors, or business owners seeking a highly visible location with room to adapt. The combination of main-level office space, a lower-level entrance, and a rear studio can support multi-use concepts or evolving operational needs without requiring immediate major reconfiguration.
Key Highlights
- 0.29‑acre commercial property (2,512 total SF) built in 1947 with paved access and outside paved area
- Includes hardwood floors, a kitchen, and a laundry area, with heating and central air
- ADA‑compliant access throughout plus multiple entrances, including a separate entrance to the lower level
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 | $52.8k | $21.00 |
| − Vacancy | −$7.4k | −$2.94 |
| EGI | $45.4k | $18.06 |
| − OpEx | −$11.3k | −$4.52 |
| NOI | $34.0k | $13.54 |
2,512 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$486.1K
$425.3K – $567.1K
NOI $34,025 @ 7.0% cap · market cap 4.86%
Second Best
Retail
$454.8K
$398.0K – $530.7K
NOI $31,839 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$693.7K
$607.0K – $809.4K
NOI $48,562 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stylemates Salon
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile office and studio setup with ADA access, multiple entrances, and on-site parking for customer-friendly operations.
Where is this office units located?
The property is located at 5023 W Emerald Street Boise, ID.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 0.29‑acre commercial property (2,512 total SF) built in 1947 with paved access and outside paved area; Includes hardwood floors, a kitchen, and a laundry area, with heating and central air; ADA‑compliant access throughout plus multiple entrances, including a separate entrance to the lower level
