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Investment Highlights
- Positioned within a thriving retail corridor near Cherry Plaza and Meridian City Hall, surrounded by established businesses and daily traffic drivers.
- Prominent Main Street Presence featuring existing buildings, offering immediate utility.
- Strategically Located within an Opportunity Zone providing potential tax advantages.
- Exceptional access and visibility along Main Street with seamless connectivity to I-84 and strong two-way traffic exposure.
- Flexible Build-to-Suite Opportunity for retail, office, or a customized development vision.
- General commercial zoning allows for a broad range of commercial uses and future flexibility.
Executive Summary
Prime 0.53-acre build-to-suit opportunity at 1505 N Main Street in the heart of Meridian. This highly visible site offers flexible development potential for retail, office, or service users, supported by C-C (Community Business) zoning. The property provides a rare chance to customize a new development in a supply-constrained downtown corridor. Property is also available for sale.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,100 SF
Building Class
B
Year Built
2026
Construction Status
Proposed
Price
$2,200,000
Price Per SF
$167.94
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,100 SF
Building FAR
0.18
Lot Size
1.63 AC
Opportunity Zone
Yes
Zoning
L-O - Limited Office
Parking
65 Spaces (4.96 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 11,200-13,100 SF
- Office/Medical
- Shell Space
- Dec 2026
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 11,200-13,100 SF | Office/Medical | Shell Space | Dec 2026 |
1st Floor
| Size |
| 11,200-13,100 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Shell Space |
| Available |
| Dec 2026 |
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R2361750200 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,829,100 |
Property Taxes
Parcel Number
R2361750200
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,829,100
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