About 40 W Franklin Rd
Fully leased 5 unit office building, in the heart of Meridian, with significant upside! Currently divided into 5 units but able to split into 8 units, all with separate restrooms and entries. Bring rents up to market rates with the longstanding tenants, owner occupy a portion of the building, or remodel and increase rents further. Many possibilities to turn this property into one of your highest yielding assets after purchasing at one of the lowest price per sqft on the market.
Features of 40 W Franklin Rd
| MLS® # | 98903662 |
|---|---|
| Price | $1,050,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,487 |
| Acres | 0.49 |
| Year Built | 1937 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 40 W Franklin Rd |
|---|---|
| Area | Meridian NW - 1030 |
| City | Meridian |
| County | Ada |
| State | ID |
| Zip Code | 83642 |
Amenities
| Utilities | Sewer Connected, Natural Gas Available |
|---|---|
| Parking Spaces | 20 |
| Parking | 11 - 20 Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | 10000 SF - .49 Acre |
|---|---|
| Roof | Composition, Flat |
Additional Information
| Date Listed | March 16th, 2024 |
|---|---|
| Days on Market | 3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Aspire Realty Group |
|---|