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203 W Fort St
Boise, ID 83702
Office Property For Sale


Investment Highlights
- currently used as a medical practice
- some of the equipment from previous tenant will stay upon move out
Executive Summary
Historic Wells Home is beautifully repurposed for medical and office use in the heart of Boise’s medical district. Located across from St. Lukes main campus, various medical offices and much more. The location blends North End charm and convenience with simple access to downtown and everything else Boise offers. A medical practice complete with reception area and exam rooms occupy the ground floor while three separate offices and a break room comprise the second floor. The property is complete with a dedicated parking lot, which has recently been refinished. Pride of ownership is apparent in how meticulously this property has been maintained over the years; the original architecture has been preserved while modern mechanical upgrades ensure things run smoothly. Turn-key investment opportunity with 100% occupancy, or ideal for an owner-user looking to establish their own practice, or business.
Please contact listing agent Beau Reinhard (208-870-9002) for list of property improvements, pro-forma, floor plan sketch, property disclosure, copy of the recent property inspection, or to review current leases.
Please contact listing agent Beau Reinhard (208-870-9002) for list of property improvements, pro-forma, floor plan sketch, property disclosure, copy of the recent property inspection, or to review current leases.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,204 SF
Building Class
C
Year Built
1910
Price
$969,000
Price Per SF
$439.66
Cap Rate
4.65%
NOI
$45,028
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,102 SF
Building FAR
0.39
Lot Size
0.13 AC
Zoning
R-3D - Residential
Parking
10 Spaces (4.53 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R1013007165 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
R1013007165
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$550,000
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