For Sale

502 & 524 Cleveland Blvd

502 & 524 Cleveland Blvd, Caldwell, ID 83605

.Lee & Associates is pleased to present a rare opportunity to acquire a high-profile multi-tenant portfolio totaling 62,250 SF on ±1.76 acres in Downtown Caldwell. The offering combines stable cash flow with long-term redevelopment potential. The asset features a strong mix of credit-backed income, including a national NNN tenant and recession-resistant medical tenancy at 524 Cleveland Blvd, providing durable, essential-service revenue. Beyond in-place income, the nearly 1.8-acre downtown footprint offers significant upside, creating a prime opportunity for future redevelopment in one of the Treasure Valley’s most active submarkets.

Key features

  • ±1.76-acre assemblage offers rare control of a large downtown footprint, ideal for future mixed-use development.
  • 502 Cleveland Blvd (7,150 SF) fully leased to O’Reilly Auto Parts on a long-term NNN lease, delivering passive, corporate-backed income.
  • 524 Cleveland Blvd (55,100 SF) fully occupied by a mix of medical, professional, and local tenants, including Terry Reilly Health Services and the Western Idaho Community Crisis Center.
  • 524 Cleveland includes medical build-outs, freight elevator with dock-high loading, and a fully sprinklered lower level.
  • Strong visibility on Cleveland Blvd (8,915+ VPD) wit h quick access to I-84 (1.9 miles).
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Drey Campbell, PhD, CCIM

Lee & Associates Idaho

Building Details

  • For Sale $6,499,999
  • Property Type Retail - Freestanding
  • Property Size 62,250 SF
  • Lot Size 1.43 Acre
  • Date Updated May 6, 2026

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (77)

  • Bike Score ®

    Bikeable (61)
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Location

  • City Caldwell, ID
  • Neighborhood Caldwell Original
  • Zip Code 83605
  • Market Boise

Points of Interest

Konnectronix

0.25 miles

Chevron

0.70 miles

Maverik

0.90 miles

Flying J

1.93 miles

Lower Dam Beach Parking

5.48 miles

Lower Dam Boat Ramp Parking

5.57 miles

Lake Shore Drive Parking #7

7.18 miles

Visitor Center Parking

7.36 miles

Upper Dam West Parking

7.39 miles

Lake Shore Drive Parking #6

7.58 miles

Upper Dam East Parking

7.80 miles

Iowa Ave Parking #1

7.99 miles

Iowa Ave Parking #2

8.05 miles

Joyería El Diamante

0.21 miles

Cliff's Country Market

0.22 miles

Bi-Mart

0.59 miles

Walmart Neighborhood Market

2.35 miles

Grocery Outlet

3.20 miles

Walmart Supercenter

3.34 miles

Ridley's Family Market

4.62 miles

TJ Maxx

5.93 miles

Burlington

6.01 miles

502 & 524 Cleveland Blvd Listing Summary

  • What is the asking price at 502 & 524 Cleveland Blvd?

    502 & 524 Cleveland Blvd is currently listed for sale at Contact for pricing.

  • What is the total size of 502 & 524 Cleveland Blvd?

    502 & 524 Cleveland Blvd has a total of 62,250 square feet.

Contact Listing Broker
Drey Campbell, PhD, CCIM

Lee & Associates Idaho

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