704 & 710 W Franklin Road Boise ID 83702
Historic Office Building in the Heart of Downtown Boise
Marketing description
PROPERTY SUMMARY
Gross Building SF: 4,794 SF + 336 SF Basement
# of Floors: 2 (Plus Basement)
Building Lot Size: 0.14 Acres
Parking Lot Size: 0.14 Acres
Parking Spaces: 16 Stalls + Street Parking
Year Built & Remodeled: 1900 & 1975
2 Lots– Could be used for private parking or future development
100% Leased with flexible lease terms
Possible Seller Financing
Walking distance to downtown core, restaurants, and the foothills
Ideal for Owner User, Investment, or a Residential Conversion
MX-1 Zoning allows for a blend of residential, office, and limited commercial uses
A part of the Hays Historic District
Investment highlights
LEASE DETAILS
Tenant #1:
2025 Rent: $71,424.00
Lease Expiration: 02-2027
Lease Type: Modified Gross
Annual Escalations: 1.42%
Landlord may be able to terminate lease with as little as 6 months' notice. Tenant may also consider a long-term renewal.
Tenant #2:
2025 Rent: $,15,600.00
Lease Expiration: Month to Month
Lease Type: Modified Gross
Total Rent: $86,700.00
Estimated Expenses: $24,704.00
Net Operating Income: $61,996.00
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