Betsy Randall - Coldwell Banker Distinctive Properties Logo
$945,000
( $126.22Per Sq Foot )
 $5,073 est/mo Sourced by Back At You

40 W Franklin Rd,Meridian, ID 83642

Meridian, ID 83642

Share:

PreviousNext

Description

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.

Details

MLS #98981114
Listing TypeFor Sale
Building NameFranklin Plaza
Sub-TypeResale
StatusActive
Year1937
Days On Site139
Listing Provided ByBoise Premier Real Estate | Marcos Prado

Features

SQ Feet7,487
Story(s)1
Acreage0.49

Interior

CoolingCentral Air
Cooling Yes / NoYes
HeatingForced Air, Natural Gas
Heating Yes / NoYes
FlooringWood

Exterior

RoofComposition, Flat
Lot Features10000 SF - .49 Acre
Construction MaterialsFrame
FencingPartial

Parking

Parking Features11 - 20 Spaces

Utilities

UtilitiesSewer Connected, Natural Gas Available
Electric110 Volt, 220 Volts

Taxes

Tax Legal DescriptionPAR #0247 OF LOT 10 & S 150' OF W 75' LOT 11 EXC R/W TAYLOR SUB MERIDIAN #0245-B

Area Information

StateID
CountyAda
CityMeridian
Zip Code83642
AreaAda
Listing VS Median (in 83642)
Price:
$945,000
low | high
Med:
$609,900
85.460317460317% of Average
sqft:
7,487
low | high
Med:
2,279
100% of Average
$ / sqft:
$126
low | high
Med:
$268
62.026592002897% of Average
On site:
139
low | high
Med:
18
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Intermountain Multiple Listing Service.

Contact

Learn More About This Property

Betsy Randall

Betsy Randall

Coldwell Banker Distinctive Properties

EA1012455 (970) 401-3011betsyvail@outlook.com
StateID
CountyAda
CityMeridian
Zip Code83642
AreaAda
Listing VS Median (in 83642)
Price:
$945,000
low | high
Med:
$609,900
85.460317460317% of Average
sqft:
7,487
low | high
Med:
2,279
100% of Average
$ / sqft:
$126
low | high
Med:
$268
62.026592002897% of Average
On site:
139
low | high
Med:
18
100% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 11:47:36 AM PDT

Betsy Randall - Coldwell Banker Distinctive Properties