Americana Boulevard Mixed-Use Development
For Sale
Contact for pricing
304 South Americana Boulevard, Boise, ID 83702
Prime mixed-use development site near downtown Boise with holding income.
Property Size61,969 SF
Lot Size1.73 Acres
Price / SF$95.21
Days on Market858
Property Features for 304 South Americana Boulevard
General Information
Standard status
Active
Size
61,969 SF
Lot size
1.73 Acres
Property subtype
Industrial, Mixed Use, Land
Zoning
Mx-5DD mixed-use, downtown design & development
Occupancy
100%
Lease Type
NNN
Net Operating Income
$517,200
Site & Location
Neighborhood
Downtown Boise
Building Details
Buildings
2
Listing Agency:
TOK Commercial
Listed By:
Michael Ballantyne · License #ID DB18541
(208) 890-2209
Source:
Crexi
Added: Jun 18, 2024
Changed: Oct 10
Last Checked: Oct 23 at 7:14AM
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 TOK Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located directly outside Boise's downtown core and immediately adjacent to the I-184 connector, 304 Americana presents an opportunity to purchase a significant commercial real estate asset. The property, currently operated as an office, warehouse, and cold storage facility, is situated on a 1.73-acre parcel. Benefiting from unique visibility, it fronts the high-traffic freeway spur, serving as one of the first visible buildings for traffic entering Boise’s downtown area, with its amenities, major employers, and educational institutions. The location is positioned between downtown and the ongoing development in Boise's West End, including the future CWI campus, St. Luke’s new Orthopedic Care Center, and various multifamily developments. The property offers accessibility and interconnection with the Treasure Valley, being minutes from Boise State University, I-84, the airport, the Boise River and Greenbelt, central Boise, the North End, and the rapidly developing West End. Zoned for Mixed-Use Downtown Design and Development (MX-5DD) within Boise’s River Myrtle-Old Boise Redevelopment District, 304 Americana is suited for a large-scale office, commercial, institutional, or residential development. The property has a size of 61969 square feet. Future ownership will benefit from the income of three in-place leases during planning and development, with the ability to terminate with 6 months’ notice. The seller, Boise Cold Storage, will sign a lease at closing to remain in place until its new facility is completed and operational in mid-2026.
Key Highlights
- Prime location adjacent to I‑184 connector, offering high visibility and easy access to downtown Boise.
- Zoned MX‑5DD, allowing for large‑scale mixed‑use development (office, commercial, institutional, or residential).
- Located in Boise’s River Myrtle‑Old Boise Redevelopment District, near major developments like the future CWI campus and St. Luke’s Orthopedic Care Center.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,600
Businesses Nearby
Explore this area
Business Placement
Demographics for 83702, ID
23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Boise, ID
Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime mixed-use development site near downtown Boise with holding income.
Where is this mixed-use property located?
The property is located at 304 South Americana Boulevard Boise, ID.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Prime location adjacent to I‑184 connector, offering high visibility and easy access to downtown Boise.; Zoned MX‑5DD, allowing for large‑scale mixed‑use development (office, commercial, institutional, or residential).; Located in Boise’s River Myrtle‑Old Boise Redevelopment District, near major developments like the future CWI campus and St. Luke’s Orthopedic Care Center.
