Historic Market Mixed-Use
802 N Garden St Boise, ID 83706
802 N Garden St, Boise, ID, 83706
$600,000
For Sale
$600,000
Historic former market mixed-use property on the Boise Bench with bike-path access and vehicle exposure.
Property Size1,984 SF
Price / SF$302.42
Days on Market119
Property Features for 802 N Garden St
General Information
- Standard status
- Active
- Size
- 1,984 SF
Listing agency
Silvercreek Realty Group
(208) 350-9746
Listed by
Tracy Volpi
(208) 350-9746
Source
Exprealty
Added: Mar 25 Updated: Jul 20 at 5:37PM Checked: Jul 20 at 5:37PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This high-visibility Boise Bench mixed-use property is built around a historic former market structure. The offering emphasizes flexibility, with a building that is ready for renovation or a full build-out to support a customized concept within the existing character of the asset.
The property is positioned in a high-traffic area with strong vehicle exposure, and it also runs along a bike path with direct connectivity to the Boise River Greenbelt. That combination is expected to support steady pedestrian and cyclist traffic.
The seller’s remarks outline potential for uses such as a wine bar, small restaurant, café, or boutique, alongside residential or ST rental potential. The transaction is for sale, with an owner carry option also noted in the marketing materials.
The property is positioned in a high-traffic area with strong vehicle exposure, and it also runs along a bike path with direct connectivity to the Boise River Greenbelt. That combination is expected to support steady pedestrian and cyclist traffic.
The seller’s remarks outline potential for uses such as a wine bar, small restaurant, café, or boutique, alongside residential or ST rental potential. The transaction is for sale, with an owner carry option also noted in the marketing materials.
Key Highlights
- Historic former market mixed‑use property on the Boise Bench
- High‑visibility location in a high‑traffic area with strong vehicle exposure
- Positioned along a bike path with direct connectivity to the Boise River Greenbelt
Local Financial Insights For Specialty Retail
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 | $38.1k | $19.20 |
| − Vacancy | −$1.7k | −$0.86 |
| EGI | $36.4k | $18.34 |
| − OpEx | −$9.1k | −$4.58 |
| NOI | $27.3k | $13.75 |
1,984 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$389.8K
$341.1K – $454.7K
NOI $27,284 @ 7.0% cap · market cap 4.55%
Second Best
Mixed Use
$352.0K
$308.0K – $410.7K
NOI $24,641 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$547.9K
$479.4K – $639.3K
NOI $38,355 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grandma's Attic
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Historic former market mixed-use property on the Boise Bench with bike-path access and vehicle exposure.
Where is this mixed-use property located?
The property is located at 802 N Garden St Boise, ID.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Historic former market mixed‑use property on the Boise Bench; High‑visibility location in a high‑traffic area with strong vehicle exposure; Positioned along a bike path with direct connectivity to the Boise River Greenbelt
