601 E Schiller Lane

    Meridian, ID 83642
    • $1,550,000
    • STATUS: Active
    • ON SITE: 54 days
    • MLS #: 98720565
    UPDATED: 14 min ago
    $1,550,000
    • 0
      BEDS
    • 0.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,127
      SQFT
    • $253
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Ada

    School Ratings & Info

    Listing Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.

    Description

    Investment opportunity to purchase two fully leased single-tenant office buildings near Franklin & Meridian Roads in downtown Meridian near Interstate 84. This offer provides a qualified investor with the potential to acquire a great asset with potential upside by developing the 0.442 acres of excess land. 601 E Schiller tenant - Minert & Associates. 623 E Schiller tenant - Transportation Compliance Service.

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    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-04-25T16:10:37.54.
    www.househuntersofidaho.com/homes/92269549

    601 E Schiller Lane Meridian, ID 83642

    • Price: $1,550,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 98720565
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.98
    Acres
    6,127
    SQFT
    $253
    $/SQFT
    Neighborhood:
    Meridian Ne - 1020
    County:
    Ada
    Area:
    Meridian Ne - 1020
    Property Description
    Investment opportunity to purchase two fully leased single-tenant office buildings near Franklin & Meridian Roads in downtown Meridian near Interstate 84. This offer provides a qualified investor with the potential to acquire a great asset with potential upside by developing the 0.442 acres of excess land. 601 E Schiller tenant - Minert & Associates. 623 E Schiller tenant - Transportation Compliance Service.
    Exterior Features

    Construction BrickOtherStucco Fenced None Land Size 1/2 - .99 Acre Parking 21 - 50 Spaces Parking Spaces 42

    Interior Features

    Cooling Central Air Heating Forced AirGas Spaces 2 Structure Lawn SprinklersPaved Outside AreaPaved StreetGas/PropaneLighting

    Property Features

    Anchor Tenant1 601 E Schiller Tenant - Minert & Associates Anchor Tenant2 623 E Schiller Tenant - Transportation Compliance Service Anchor Tenant3 729 E Schiller Ln - 0.442 Acres Of Excess Land Cap Rate Percent 6.75 Commercial Type Commercial Cross Street S Stratford Dr Docs On File LeaseOther Existing Yes Gas Available YN Yes Highlight1 Investment Opportunity Highlight2 In Downtown Meridian Highlight3 Great Asset With Potential Upside Highlight4 Tenants Have Occupied This Location Since 2008 In Foreclosure YN No Investment Property Yes Lease Type Nnn Net Lease Investment Yes Net Operating Income 103747 Occupancy Percent 100 Potential Short Sale YN No Price Rate Type Price Prop On Ground Lease YN No Property Name Leased Investments & Excess Land - $1550000 - 6.75 Cap Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Sublease YN No Suitable For Office Office Building Tenancy Single Terms Consider All Vac Suited For Owner User No Years Lefton Lease 9 Zoning City Of Meridian C-G



    © 2019 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Boise River Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2019-04-25T16:10:37.54.
     
    Boise River Realty
    7661 W. Riverside Dr. Suite 200
    Boise ID, 83714
    Listing Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.