847 E Fairview Ave
$1,100,000
847 E Fairview Ave, Meridian, ID 83642
2,960 sqft
Building Size
0.13 acres
Lot Area
Details:
Highlights:
- Established Tenancy: Murphy Law Office, PLLC has been a long-term, stable tenant since 2005, providing consistent income, proven performance and reliability. Current lease expires December 31, 2031.
- Recent Capital Upgrades: New roof installed (Sept. 2025), upgraded parking lot (Sept. 2025), and recent HVAC improvements enhance property value and operational efficiency.
- Attractive NNN Structure: Tenant responsible for all operating expenses; landlord limited to structural components—offering low-maintenance ownership.
- Prime Meridian Location: Centrally positioned just off Fairview Avenue, offering excellent accessibility while enjoying a quiet, set-back setting.
- Rare Investment Opportunity: Small office assets with this combination of quality, stability, and location are seldom available in the Meridian market.
Description:
Introducing a prime investment opportunity in Meridian's sought-after commercial landscape. This 2,960 SF office building, impeccably maintained and Zoned C-G, showcases reliability and potential. Benefit from an established tenancy by the Murphy Law Office, PLLC, ensuring steady income with a lease extending to December 31, 2031. Recent capital improvements include a new roof, parking lot upgrades, and enhanced HVAC systems, bolstering operational efficiency and property value. With a favorable NNN structure and a central location just off Fairview Avenue, this rare asset offers low-maintenance ownership and exceptional accessibility. Don't miss out on this rare blend of quality, stability, and location.
North Meridian | Fairview Avenue & Five Mile Pathway
Documents:
| Title | ||
|---|---|---|
| 847-Fairview-OM.pdf |
Location
Gallery
