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306 S Kimball Ave 22,730 SF Office Building Caldwell, ID 83605 $2,443,324 ($107.49/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- AMAZON PROOF DIVERSE RETAIL MIX
- PRIME LOCATION
- THRIVING RENTAL MARKET
- VACANT LOT FOR PARKING
- TURN-KEY ASSET
EXECUTIVE SUMMARY
SALE PRICE TOGETHER: $2,443,324
LAND SALE PRICE: $195,000
Building can be purchased with 101 11th Ave. S., Nampa, ID 83651 for a combined price. Contact agent for pricing.
Lee & Associates is pleased to offer a one of kind historical investment opportunity in the heart of Downtown Caldwell. This 20,197 SF multi-tenant retail and office building has significant features and is ideally positioned for strong returns in the thriving downtown Caldwell market. This opportunity combines a unique, large-scale event venue with a diversified amazon proof retail/office portfolio, as well as valuable parking--making it an attractive prospect for investors seeking a stable and high-potential asset. Caldwell has gone through a thorough metamorphosis in the last 10 years and this building exemplifies the stimulating growth. Office and retail space in the downtown core is hard to come by, so this asset should be on the radar for anyone banking on Idaho’s continued growth.
LAND SALE PRICE: $195,000
Building can be purchased with 101 11th Ave. S., Nampa, ID 83651 for a combined price. Contact agent for pricing.
Lee & Associates is pleased to offer a one of kind historical investment opportunity in the heart of Downtown Caldwell. This 20,197 SF multi-tenant retail and office building has significant features and is ideally positioned for strong returns in the thriving downtown Caldwell market. This opportunity combines a unique, large-scale event venue with a diversified amazon proof retail/office portfolio, as well as valuable parking--making it an attractive prospect for investors seeking a stable and high-potential asset. Caldwell has gone through a thorough metamorphosis in the last 10 years and this building exemplifies the stimulating growth. Office and retail space in the downtown core is hard to come by, so this asset should be on the radar for anyone banking on Idaho’s continued growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
22,730 SF
Building Class
C
Year Built/Renovated
1923/2024
Price
$2,443,324
Price Per SF
$107.49
Cap Rate
6.25%
NOI
$152,708
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,683 SF
Building FAR
1.37
Lot Size
0.38 AC
Zoning
C-B
Parking
20 Spaces (0.88 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 0469500000 | Improvements Assessment | $1,575,000 |
| Land Assessment | $277,200 | Total Assessment | $1,852,200 |
PROPERTY TAXES
Parcel Number
0469500000
Land Assessment
$277,200
Improvements Assessment
$1,575,000
Total Assessment
$1,852,200
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306 S Kimball Ave
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