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31570296
31570295

216-224 13th Avenue South, Nampa, ID 83651 For Sale

TOK Commercial
MG
ID SP34044
TOK Commercial
Listed by TOK Commercial
$3,500,000
215 days on market
Updated 73 days ago

Alliance Title Building

Details
APN 1343900000; 1344100000; 1344300000
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 9,216
Cap Rate 3.90%
NOI $136,420
Occupancy 64%
Class A
Year Built 2025/2026
Acreage 0.16 - 0.48
Zoning DH

Retail | 3.90% CAP | 9,216 SqFt

Marketing description

This property includes a rare, buildable pad within Nampa’s Downtown Historic District, approved for a proposed 13,400-square-foot, three-level building. It is anchored by a long-term lease with Alliance Title & Escrow, a leading independent title insurance agency in the Pacific Northwest, providing a stable and escalating revenue stream. The property also features dedicated on-site parking, a valuable and uncommon amenity in the downtown area.

Located at 216–224 13th Ave S, the property is strategically positioned in the growing Boise Valley metro, home to over 845,000 residents and major corporations, with the population projected to exceed 1 million by 2050. The Nampa market features low office and retail vacancy rates, and the property’s Downtown Historic (DH) zoning supports mixed-use development with potential access to city grants and incentives. With in-place income from a creditworthy tenant, a prime location, and development-ready potential, this property represents a strong strategic addition for investors.

Positioned in the heart of Downtown Nampa, this property is a unique blend of immediate stability and forward-looking opportunity. This investment offers a secure income stream with the potential for additional value through future development.

Investment highlights

  • Rare Downtown Nampa Retail Investment Opportunity – Unique Chance to Acquire a Retail Asset in the Heart of Downtown Nampa With Stable Current Income and Long-term Value-add Potential.
  • National Tenant in Place – Secured by a Long-term Lease With a National Title Company.
  • Shovel-ready Development Potential – Features a Large Private Parking Lot and Land Approved for a 13,400 Sf Multi-level Building.
  • Dedicated on-site Parking – Offers Private Parking, an Uncommon Amenity in the Downtown Core.
  • Rare Downtown Nampa Office/Retail Investment Opportunity for Sale Unique chance to acquire a office/retail asset in the heart of downtown Nampa with long-term value add upside.
  • Property Features a Long-Term National Title Company Tenant Secured by a long-term national title company lease. Features a private parking lot and shovel-ready land approved for a 13,400 SF multi-level building.
  • Rare Dedicated Parking. This property offers private on-site parking—an uncommon amenity in the downtown core

Listing Contacts

TOK Commercial
MG
ID SP34044
TOK Commercial
Listed by TOK Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$136,420.00
$11,368.33/mo

Valuation Metrics

0
DSCR
3.9%
Cap Rate
3.9%
ROI

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Property History

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