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    404 8Th St Boise, ID 83702

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Boise office space, flexible layouts.

    Lot size:
    86,841 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Mercantile Building, a stunning historic mixed-use property located at 404 S 8th St, Boise, ID 83702, offers exceptional office space in the vibrant BoDo district. Built in 1904, this three-story building boasts 86,841 square feet of space, with units ranging from a minimum of 5,105 square feet to a maximum contiguous space of 1,239 square feet. The property is zoned City of Boise-C-5HDC (APN R1749100680) and features two elevators for convenient access to all floors. Ideal for businesses seeking traditional or creative office space, this property offers multiple tenancy options. Its location provides easy access to W Broad Street. While the building itself does not offer on-site parking, ample metered street parking and nearby garages are readily available. The building's classification includes Retail, Office, and Special Purpose uses. Tenant Improvement allowances are negotiable.

    Property Features for 404 8Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,841 SF
    Total Rate
    115788

    Building Details

    Year Built
    1904
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 170
    Size
    5,105 SF
    Rate per SF
    $19
    Space
    Suite 200
    Size
    2,168 SF
    Rate per SF
    $22
    Space
    Suite L105
    Size
    1,239 SF
    Rate per SF
    $16
    Space
    Suite 203
    Size
    2,145 SF
    Rate per SF
    $16
    Space
    Suite 300B
    Size
    2,492 SF
    Rate per SF
    $20

    HighLights

    • Retail and office spaces in Boise's vibrant 8th Street Marketplace, a hub for Idaho tech firms.
    • Available spaces include open work areas, private offices, and smaller back areas.
    • Building features common restrooms, elevator access, and is surrounded by metered street parking and public garages.
    • Strong co‑tenancy includes Naturally, Stack Rock Group, and Ink Spa.
    • Excellent location near various retailers, restaurants, financial institutions, and professional services.
    • Contact agents for details and scheduling.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bodovino Wine Bar FFW Boise Corporate Office Ricochet POS Software Company Kno2 LLC Software Company ITnsify Inc. USA ... Institute Of Technology

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Law Firm Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.2056283
    Latitude
    43.6133633

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    FAQs

    What type of property is this?
    Office space - Prime Boise office space, flexible layouts.
    Where is this office space located?
    The property is located at 404 8Th St Boise, ID.
    What is the lease rate?
    The lease rate is $16-$22 SF/Yr.
    What are key features of this property?
    This property features: Retail and office spaces in Boise's vibrant 8th Street Marketplace, a hub for Idaho tech firms.; Available spaces include open work areas, private offices, and smaller back areas.; Building features common restrooms, elevator access, and is surrounded by metered street parking and public garages.
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    404 8Th St Boise, ID 83702
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    Boise, ID 83702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 8Th St Boise, ID 83702
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