Milwaukie Fairview
Boise, ID 83704
MX-3 6/7 stories Fairview Ave · Land For Sale · 3.00 AC

Asking Price shown is for all of it-net. There is no better buy or chance to make money than this offering in the valley. 4.7 acres of land which is priced way below any other c2d land for sale or sold in the valley. C2D selling for 1 -2 million an acre not less... 3.4 net to seller Seller would consider joint venture but not if being put in a position of risk or -- using earned real estate for decades and giving up huge profit for a few hours time. Seller will consider lease as part of negotiated sale of flag lot and or current business. Seller would consider retaining front pad only. Seller will sell just flag lot, Just funeral home or lease Will NOT SELL just the frontage pad. Turned down big money for just the front ... nope. Included in the package sale, is a current business- an established S Corp operating here since 1956. The advangages of owning this, or disadvantes of selling it are key. A frontage pad should be in the future development. The flag lot would be 2.5 to 3 acres . Seller will consider remaining - as an owner of business AND LAND UNDER IT, or operate for buyer for a short period of time. Seller will consider selling just the business or just the land. Seller has not divided as highest and best use and future use is not known at this time. Dividing without that knowledge could be a costly mistake. Funeral Home building and land (4.7 acres total) If dividing.. likely a 3 acre +/-parcel including west land and rear acreage making it a flag lot for storage, apartments or a hotel etc. City will allow a 4 parcel subdivision..How many commercial offerings are for sale in Boise that can be divided ? Into 4 parcels? City will promote high density housing (these words spoken twice at planning and zoning dept) Likely over 100 units . Frontage pad should be done. 1/2 acre pad is logical. Possible shared parking with current business/funeral home. Current Funeral home crematory business MUST REMAIN.. approximate parcel size would be 1.3 acres. Funeral home building, ongoing business, 800k in pre need pre paid contracts, approx 225 calls a yr which could be doubled quite easily, then doubled again... Frontage pad 1/2 acre +/- 3 acre Flag Lot Current business 1.2 Total 4.7 Current owner enjoys the speed and level of business and is not wanting to be a rock star in the funeral business. The next owner may have a different mindset and no money will need to be spent on capital improvements to achieve that. All the work time and money have been put there. The business has no debt, no lines of credit.... no debt, no lines of credit...except the generosity of the county. The bare land is extremely well located, walk to anything within a few minutes. Bus line on Milwaukee. Quiet peaceful setting back there, and a view of the foothills and bogus on 2nd and 3rd ..maybe even 4 floors. Frontage pad could be leased or sold, and whatever is there will be a success .. the location and line of site are tremendous. The right business will only compliment current business and the future will no longer be green grass and flood irrigation. Those days are past, and the owner knows it... but is not wanting to be the one to change it. Let someone else take it from here. Its not a derelict or run down or poor reputation outfit. Its prime, and good. Money can be made here, the seller is known for not being greedy. Quite the opposite. No time takers or dreamers wanted.. already been down that road.. a couple times. Seller is ready to make a change, but not to keen on being partners or waiting around using earned and held asset for someone elses profit without the work and time invested for the last 25 years. Seller hoping to look at serious able offers. No issue paying commission based on time and effort invested. 3.4 million is net. Won't ever take less. No reason to. May finance some part or scenario, but buyer would have to come with money, not talk or paper. There is a million dollars in easy profit here. Could he 2 million with funeral home value add ...get the business doubled tripled in a few short years and the big corporations that operate funeral homes or cremation facilities get interested quickly. The competition will regret not buying this place when I'm no longer running it. For now, it's great for competing funeral homes and cremation providers that it's being operated as it is. No real threat to their bottom line.