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40 W Franklin Rd Meridian, ID $ 965,000
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$ 965,000 Get more info
40 W Franklin Rd
$ 965,000
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40 W Franklin Rd

Meridian, ID, 83642
$ 965,000
Bedrooms-- Baths-- Sq 7,487

Monthly Estimate*

$ 5,942

40 W Franklin Rd, Meridian, ID 83642 - Image 1
40 W Franklin Rd, Meridian, ID 83642 - Image 2
40 W Franklin Rd, Meridian, ID 83642 - Image 3
40 W Franklin Rd, Meridian, ID 83642 - Image 4
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40 W Franklin Rd, Meridian, ID 83642 - Image 7
40 W Franklin Rd, Meridian, ID 83642 - Image 8
40 W Franklin Rd, Meridian, ID 83642 - Image 9

Commercial Property for sale in Meridian, ID

for $965,000. This 7,487 square foot building was built in 1937 on a lot size of 0.49.

Fully leased 5 unit office building, in the heart of Meridian, with significant upside! Currently divided into 5 units but able to split into 8 units, all with separate restrooms and entries. Bring rents up to market rates with the longstanding tenants, owner occupy a portion of the building, or remodel and increase rents further. Many possibilities to turn this property into one of your highest yielding assets after purchasing at one of the lowest price per sqft on the market.

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Commercial Active

Price

$ 965,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.49

Year Built

1937

Town/City

Meridian

County/Region

Ada

MLS | Web ID

98981114
Features
General
Heating Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Construction Materials Frame
Year Built 1937
Electric 110 Volt
Stories Count 1
Business Type Professional/Office
Building Name Franklin Plaza
Accessibility Handicap Access
County Ada
Property Type Commercial Sale
Status New
Directions North on Main St West on Franklin Rd North into parking lot (two buildings in from Meridian Rd)
City Meridian
MLS Area Meridian NW - 1030
Lot Size Units Acres
Lot Size Square Feet 21344.4
Land Lease Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description PAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Flooring Wood
Air Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Fencing Partial
Parking Features 11 - 20 Spaces
Lot Features 10000 SF - .49 Acre
Water Source City Service
Total Parking 20
Lot Size Area 0.49
Building Area Total 7487
Lot Size Acres 0.49
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* Excluded Features
List By
Marcos Prado

Listing Agent

Boise Premier Real Estate

Broker

marcos@altacrestarealty.com

Email

Affordability Calculator

$5,942
Per Month
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0%
Monthly Principal & Interest
$5,942
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2026$965,000 Listed Price

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40 W Franklin Rd, Meridian, ID, 83642 is a Commercial Property for sale at $965,000 with 7,487 sqft and a lot size of 0.49. 40 W Franklin Rd was built in 1937. The property's zip code is 83642 which is in Meridian, ID

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