Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1736 Broadway Ave Boise, ID 83706

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic, vacant retail space.

    Property size:
    6,540 SF

    Property Features for 1736 Broadway Ave

    General Information

    Property type
    Retail space
    Square Feet
    6,540 SF

    Building Details

    Year Built
    1937
    Buildings
    2
    Stories
    1
    Units
    3

    We can help!

    Listing Contact
    Lawrence Ross
    Lawrence Ross

    Listing Agency: Lawrence Ross Commercial Real Estate LLC Listing Agent: Lawrence Ross

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jiffy Clean Laundry (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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

    Nearby Similar for Sale

    • New
      $964,999
      Pending

      Boise Triplex Investment Opportunity

      Three-unit property near downtown Boise with income potential.
      2228 E Roanoke Dr, Boise, ID 83712
      View Details
    • New
      $450,000
      1,650 SF

      Boise Duplex Investment Opportunity

      Duplex with long-term tenants in a central Boise location.
      2623 S Fontaine St, Boise, ID 83705
      View Details
    • New
      $560,000
      1,893 SF

      Boise Duplex Near BSU

      Fully occupied duplex in SE Boise, close to amenities.
      2061/2063 S Colorado Ave, Boise, ID 83706
      View Details
    • New
      $949,900
      2,327 SF

      North End Boise Triplex

      Triplex near Hyde Park, Boise. Ideal for short-term rentals.
      1605 N 11Th St, Boise, ID 83702
      View Details
    • $509,900
      Pending

      Income Property Near Boise State

      Low-maintenance property near Boise State, leased through May 2026.
      1318 S Grant Ave, Boise, ID 83706
      View Details
    • $850,000
      4,712 SF

      South Boise 4-Plex Investment

      Well-maintained 4-plex in South Boise with strong returns.
      9212 W Brogan Dr, Boise, ID 83709
      View Details
    • New
      $899,999
      3,936 SF

      Boise Fourplex Investment Opportunity

      Four-unit property with garages and established rental history in Boise.
      613 S White Cloud Dr, Boise, ID 83709
      View Details
    • New
      $949,500
      4,464 SF

      Boise Multifamily Investment Opportunity

      Remodeled four-unit property with shop and garage rentals.
      393-399 S White Cloud Dr, Boise, ID 83709
      View Details
    • New
      $779,000
      Pending

      ADA Accessible Home with ADU

      ADA home plus ADU, modern finishes, income potential.
      7125 W Ustick Rd, Boise, ID 83704
      View Details
    • $860,000
      2,730 SF

      Remodeled Duplex with Expansion Potential

      Remodeled duplex on oversized lot, potential for a third unit.
      2513 N 31St St, Boise, ID 83703
      View Details
    • New
      $649,900
      1,592 SF

      Boise Triplex in Historic North

      Turn-key triplex in Boise's North End with upgrade potential.
      1818 W Washington St, Boise, ID 83702
      View Details
    • $950,000
      2,729 SF

      Foothills Multifamily Property Opportunity

      Unique Boise property with multiple income possibilities.
      4480 N Kitsap Way, Boise, ID 83703
      View Details

    FAQs

    What type of property is this?
    Retail space - High-traffic, vacant retail space.
    Where is this retail space 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.
    (208) 861-9909 Call to check price and availability
    Request Owner's contact information
    1736 Broadway Ave Boise, ID 83706
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1736 Broadway Ave
    Boise, ID 83706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lawrence Ross
    Lawrence Ross
    Real Estate License ID: DB15564
    (208) 861-9909
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!