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9493 N Government Way 8,027 SF Office Building Hayden, ID 83835 $3,785,000 ($471.53/SF)
Investment Highlights
- Situated on 1.27 acres in Hayden’s Central Business District, combining existing office improvements, ample on-site parking, and flexible zoning.
Executive Summary
Ideal for an owner-user seeking a strategic headquarters or an investor pursuing strong income with future upside, this Hayden Central Business District property offers a compelling combination of existing cash flow and redevelopment potential. The 1.27-acre site spans two parcels and includes approximately 10,053 square feet of existing improvements, 40 on-site parking spaces, and stable tenants providing reliable income today. A conceptual redevelopment plan illustrates the opportunity to remove the existing cabin and create a larger rear parcel for a new two-story multifamily building with surface parking, potentially adding a significant residential income stream while preserving the existing office building at the front of the property. Versatile zoning and multiple paths for expansion make this an attractive opportunity for a 1031 exchange buyer, developer, investor, or owner-user looking to establish a flagship presence in Hayden.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,027 SF
Building Class
C
Year Built
2020
Price
$3,785,000
Price Per SF
$471.53
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,679 SF
Building FAR
0.15
Lot Size
1.27 AC
Zoning
Commerical
Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fireplace
- Security System
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Secure Storage
- Drop Ceiling
- Air Conditioning
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Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
7,609
41,702
74,511
2025 Population
8,193
44,723
80,336
Population Growth '20-'25
7.7%
7.2%
7.8%
2020 Households
3,141
15,932
29,575
2025 Households
3,396
17,139
31,905
Household Growth '20-'25
8.1%
7.6%
7.9%
Average Age
44
42
42
Median Household Income
$69,617
$83,122
$74,590
Daytime Employees
5,177
16,805
42,583
Total Businesses
1,003
2,446
5,707
College Degree + Higher
31%
32%
27%
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9493 N Government Way