Listed by NAI Select
Unpriced
State Street Motel - Redevelopment Opportunity
Details
APN R1754000130
Property Type Multifamily, Hospitality
Sub Type Motel
Square Footage 4,700
Units 12
Year Built 1920
Stories 4
Zoning MX-5, Active Mixed Use
Multifamily | 12 Units
Marketing description
Exceptional mixed-use development opportunity in one of Boise's most strategic locations. The State Street Motel combines immediate income-producing assets with significant redevelopment potential under MX-3 Active Mixed-Use zoning. This 12-unit, ±4,700 square foot hospitality property offers investors and developers the rare combination of stable current operations and transformative long-term upside.
Located just steps from downtown Boise on the highly bikeable State Street corridor (Bike Score: 86), this property capitalizes on Boise's thriving tourism market, residential growth, and transit-oriented development initiatives.
Exit 3 onto Fairview from the 184 Connector. North on 27th St, NW on State, SW on 28th St.
Investment highlights
- 12 fully operational motel rooms generating consistent revenue
- Solid occupancy – Established customer base and repeat business
- Low-maintenance operation – Owner/operator friendly with established management systems
- Amenities – High-speed WiFi, public access, smoke-free rooms, kitchenettes available Redevelopment Opportunity:
- MX-3 Active Mixed-Use Zoning – Permits office, commercial, institutional, and residential uses
- Urban revitalization potential – Transform into modern studio apartments, mixed-use commercial/residential, or contemporary boutique hospitality
- Transit-oriented development – Located on Boise's Best-in-Class Transit Route (State Street corridor)
- 4+ story development feasible – Allows vertical density to maximize land value and ROI
- Downtown proximity – Walking distance to employment, retail, dining, and entertainment
- Established infrastructure – Water, sewer, utilities already in place
- Permitted Uses: Office, retail, commercial services, institutional, residential (apartments, condos, mixeduse buildings.)
Listing Contacts
Listed by NAI Select
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