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    1600 Main St Meridian, ID 83642

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Main Street location, flexible space.

    Lot size:
    41,102 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 1600 N Main St, Meridian, ID 83642, offers 16,000 to 41,402 square feet of leasable space. Previously occupied by Rite Aid, this single-story building sits on a 2.72-acre lot and boasts 102 parking spaces (a 2.46/1,000 SF ratio). Built in 1978 and renovated in 1980, the property features open and drive-down loading docks, ideal for efficient operations. The building benefits from prominent building and pylon signage opportunities, ensuring high visibility for your business. Located on a high-traffic corridor with 30,000 cars passing daily, this location offers unparalleled exposure. The property is zoned C-C and has an Ada County APN of S1107223200. Utilities are available on-site. The space is highly adaptable and suitable for a variety of uses, including creative office, retail storefront, mid-box retail, professional service providers, soft-goods retailers, home improvement stores, lawn and garden centers, restaurants, and sales offices. Lease rates are negotiable. This is a rare opportunity to secure a prime retail location in a thriving Meridian market. The property offers ample space and excellent visibility, making it an ideal choice for businesses seeking to establish or expand their presence.

    Property Features for 1600 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,102 SF

    Building Details

    Year Built/Renovated
    1978/1980
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Can Be Demised
    Size
    41,402 SF

    HighLights

    • Former Rite Aid, 16,000‑41,402 SF available, strong retail synergy, surrounded by national and local tenants.
    • High traffic counts, excellent visibility, pylon and building signage, ample on‑site parking, multiple access points, loading docks.
    • Existing fixtures and equipment may be available; contact agent for details.
    • Signalized intersection of Fairview Ave & Meridian Rd, major Treasure Valley thoroughfares.
    • Near major retail developments (Village at Meridian, Meridian Crossroads, etc.), west of a high‑traffic intersection (Eagle Rd & Fairview Ave).
    • Negotiable lease rates and terms; contact agent for details and showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mark Smith, PharmD Pharmacy Jason D. Dalling, ... Pharmacy higi Health Consultant Gracie Barra Meridian Martial Arts School Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.39138414014
    Latitude
    43.618097092579

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Main Street location, flexible space.
    Where is this restaurant located?
    The property is located at 1600 Main St Meridian, ID.
    What are key features of this property?
    This property features: Former Rite Aid, 16,000-41,402 SF available, strong retail synergy, surrounded by national and local tenants.; High traffic counts, excellent visibility, pylon and building signage, ample on-site parking, multiple access points, loading docks.; Existing fixtures and equipment may be available; contact agent for details.
    Request Owner's contact information
    1600 Main St Meridian, ID 83642
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    Meridian, ID 83642
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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
    1600 Main St Meridian, ID 83642
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