$4,600,000 USD
208-724-1064
622-624 W Idaho St
Boise, ID 83702
Downtown Boise
OVERVIEW
• Market rents $30+ PSF compared to in place rent average of $14.69 PSF
• Opportunity to increase rents over time and remain well below other property rental rates
• Located in the heart of Downtown Boise
• A new roof was installed in 2024
• Price includes historic liquor license that stays with the building, a value of $170,000 in Boise.
FOR SALE DETAILS
PRICE
$4,600,000 USD
PRICE/SF
$251 USD /SF
CAP RATE
5.08%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Adelmann Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bar
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1902
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
C-5HDC
APN/PARCEL ID
R1013002778
ASK ABOUT THIS PROPERTY
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208-724-1064
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208-724-1064
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