3515 W. State St.

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Address: 3515 W State St, Boise, ID 83703, USA

Seattle & Northwest + Land/Development

Created date: August 20, 2024

Date last updated: December 2, 2024

Traffic count of 31,000 VPD
State St. will be the first major corridor in Boise to implement the Bus Rapid Transit program- bus service every 15 minutes each weekday- making it the ideal location for a multi-family development
Full set of renderings available upon request
Property owns the land rights to a 2-sided billboard from Lamar Advertising. The contract with Lamar runs through 2037 and generates an average profit of $12,421/yr
Alternatively, could be a great opportunity for a restaurant owner/user, with a 4,043 SF turn-key bar and grill building

Property Description

Lee & Associates is pleased to present the opportunity for a “shovel ready” development project for a 40-unit apartment complex. Already has entitlement, topographic survey, engineering, architecture, full set of building plans, and initial permit review costs paid for. The building plans were submitted to the City of Boise for permits in May, and have passed through several stages of approval already.

Available

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$2,100,000
Year Built:	1961
Lot Size:	1.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here