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    1736 Broadway Ave Boise, ID 83706

    For Sale
    $1,540,000

    High-traffic, vacant retail space.

    Property size:
    6,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a vacant 6,540 square foot retail storefront located at 1736-1756 S Broadway Ave, Boise, ID 83706. The property comprises two buildings, built in 1937 and 1965, situated on a 18,295 square foot lot. The property features three units and benefits from excellent access via Broadway Avenue and a rear alley. Adding significant value are two billboard leases and a cell tower with three separate leases. The high-traffic location boasts 27,247 vehicles per day. The property is zoned MX - 3 Boise City, and the 2023 property taxes totaled $10,546. The asking price is $1,540,000, translating to $235.47 per square foot and $84.18 per square foot for land value. The property is currently vacant, offering a blank canvas for a new tenant or owner-occupancy. This is a rare opportunity to acquire a well-located retail property with significant income-generating potential from existing leases. Please note that the property is vacant and there is no lockbox access.

    Property Features for 1736 Broadway Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,540 SF

    Building Details

    Year Built
    1937
    Buildings
    2
    Stories
    1
    Units
    3

    HighLights

    • Vacant 6,540 SF retail storefront on a 18,295 SF lot at 1736‑1756 S Broadway Ave, Boise, ID.
    • Two buildings (1937 & 1965 construction), three units, excellent Broadway Ave & alley access.
    • Significant income from two billboard leases and three cell tower leases.
    • High‑traffic location (27,247 VPD), MX‑3 zoning.
    • $1,540,000 asking price ($235.47/SF, $84.18/SF land); 2023 property taxes: $10,546.
    • Currently vacant; no lockbox access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jiffy Clean Laundry Laundromat

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -116.19348658714
    Latitude
    43.591547296886

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic, vacant retail space.
    Where is this individual retail property located?
    The property is located at 1736 Broadway Ave Boise, ID.
    What is the asking price?
    The asking price for this property is $1,540,000.
    What are key features of this property?
    This property features: Vacant 6,540 SF retail storefront on a 18,295 SF lot at 1736-1756 S Broadway Ave, Boise, ID.; Two buildings (1937 & 1965 construction), three units, excellent Broadway Ave & alley access.; Significant income from two billboard leases and three cell tower leases.
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    Boise, ID 83706
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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
    1736 Broadway Ave Boise, ID 83706
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