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Investment Highlights

  • Rare stand-alone medical office with onsite parking across the street from St Luke’s Hospital. St. Luke’s is the largest hospital system in Idaho
  • Building as new HVAC, exterior paint, windows, roof/gutter system and parking lot sealing/restriping
  • Neighbors include St. Luke’s Boise Medical Center, St. Luke’s Children’s Hospital, Idaho Elks Children’s Pavilion and many other medical groups, both
  • Access to parking and site on S Broadway and E Warm Springs Avenue

Executive Summary

Property Type: Medical Office
Building Size: 2,285 SF
Parking: 13
Property is on the of corner of Broadway and Warm springs Ave across from St. Lukes hospital downtown Boise, which is going through a major nine story one city block expansion. This property has more parking at 13 spaces than any property around the hospital. The real value besides location and parking is the signage on Broadway. I practice here for 34 years and the signage on the corner paid me many time over. I have decided to sell this property as a for sale by owner. I will work with agents too. There are two space currently in the building. The side I practiced on and the office space I have leased since I developed the corner. I had a new roof and exterior painted with new metal caps and gutters done about 3 years ago. I also put a new HAVC system in at the same time. Boise is expanding and the downtown area is too. The property is half a mile from Boise State University and less to the Boise river and green belt. The Ada County Court house is two blocks away. Whole Foods is one block away. This property is not going down in value. The property is zoned multiple family with a LOD conditional use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,285 SF
Building Class
C
Year Built/Renovated
1978/1995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,285 SF
Building FAR
0.15
Lot Size
0.34 AC
Zoning
R-3HD - Residential Development
Parking
13 Spaces (5.69 Spaces per 1,000 SF Leased)
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • S1011325691
  • S1011325696
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$781,700
  • Listing ID: 31902865

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 50 Broadway Ave, Boise, ID 83702

Contact the Sale Advisor

50 Broadway Ave

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