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1510 E Watertower St
Meridian, ID 83642
Office Property For Sale
Investment Highlights
- Flexible layout
- Two roll-up doors
- Durable CMU block construction
- Warehouse space
- Central Meridian location
- Monument sign
Executive Summary
Lee & Associates is pleased to offer for sale a 7,935 SF multi-tenant office/warehouse building in the highly desirable Meridian submarket. This property presents an opportunity to acquire a below replacement cost asset with excellent regional connectivity near the interstate access points of Eagle Rd. and Meridian Rd.
The building is currently configured for three tenants, including two professional office suites and one office/warehouse that has two roll-up doors. Its flexible layout offers opportunities for both investors and owner-users, with the ability to maintain the current configuration or combine suites for larger space needs.
The building is currently configured for three tenants, including two professional office suites and one office/warehouse that has two roll-up doors. Its flexible layout offers opportunities for both investors and owner-users, with the ability to maintain the current configuration or combine suites for larger space needs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,935 SF
Building Class
B
Year Built
2006
Price
$2,175,000
Price Per SF
$274.10
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,935 SF
Building FAR
0.23
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
C-G
Parking
40 Spaces (5.04 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | R5901170110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,481,200 |
Property Taxes
Parcel Number
R5901170110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,481,200
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