Property Description

This high-quality office condo offers an exceptional investment opportunity in the heart of downtown Boise. This fully leased 2,200sf property is home to the renowned law firm Wilson Sonsini Goodrich & Rosati, with a lease in place through August 2026 (and two 1-year renewals with escalations). Investors will benefit from a strong net operating income of ~$42,000 in 2024, which equates to a 6% cap rate. Total current monthly rent = $5028.46. Included with the property are two off-street parking spaces, enhancing convenience for tenants as well as a storage unit in the garage. This premium office asset presents a rare chance to own a stable, income-generating property in one of Boise’s most desirable locations.

Basic Details
Business and Commercial Professional/office in Boise Idaho
Features
98940769
Active
For Sale
Business and Commercial
Professional/office
2,200 Sq. Ft.
Veltex - Leased Office Condo
$703,000
Appliances
: Concrete
Address Map
: Stucco, Brick, Concrete
: Basement
: Elevator- Passenger
Parking / Transportation
: 1 - 5 Spaces
Neighborhood
: Sewer Connected
Image Gallery
ID
Ada
Boise
83702
420 W Main Street # 205
420 W Main Street # 205, Boise, Idaho 83702
0 Not Applicable
W117° 48' 2.1''
N43° 36' 49.7''
83702
Video
Attachments
Call
R9003740290
MX-5
Specialties
Listing
Story Commercial, LLC
03/29/2025
3
03/31/2025 06:04:26
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Business and Commercial Professional/office in Boise Idaho

420 W Main Street # 205, Boise, Idaho 83702

2,200 Sq. Ft.
$703,000
MLS ID #98940769
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