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  1. Commercial Properties
  2. ID
  3. Caldwell
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For Sale

Multifamily Development Land

1109 Dearborn St., Caldwell, ID 83605

Discover an exciting opportunity for Multifamily investment in Caldwell, ID. Surrounding the location, you'll find an inviting mix of urban convenience and natural beauty. Enjoy easy access to downtown Caldwell and its charming shops, restaurants, and entertainment options. The vibrant community offers a wealth of outdoor recreational activities, including parks, trails, and the scenic Snake River. With its growing economy and strong demand for housing, Multifamily Development Land in this area presents an enticing investment potential. Explore the promising prospects of this dynamic location for your next development project.Introducing an exceptional opportunity for multifamily/high-rise investors: a 23,355 SF building encompassing 21 units within the thriving Caldwell area. This shovel-ready property is fully entitled, with permits ready for pickup at the City of Caldwell. With an immediate construction start date, the complex will feature a mix of one, two, and three-bedroom units, boasting excellent exterior design and thoughtful floor plans. Additionally, the property offers 19 paved parking spaces and a dedicated bicycle storage area. Priced at $925,000, this attractive investment is strategically located just minutes away from the College of Idaho and the exciting New Indian Creek Redevelopment and Lux Theater.

Key features

  • (1) 1 bedroom | 1 bath
  • (17) 2 bedroom | 2 bath
  • (3) 3 bedroom | 2 bath
  • 19 paved Parking spaces along with bicycle storage area
  • 21 Unit Complex:
  • Building permits ready to be picked up at the City of Caldwell
  • Full entitlements in place
  • Located in the growing downtown Caldwell core
  • Minutes away from College of Idaho, Indian Creek, and Lux Theater
  • Project is “Shovel Ready”
Want more info on this listing?

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

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Contacts

broker
Mike Erkmann, CCIM

NAI Select

Building Details

  • For Sale $700,000
  • Property Type Multi-Family
  • Property Size 23,355 SF
  • Units 21
  • Lot Size 0.41 Acre
  • Date Updated May 19, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (82)
  • Bike Score ®

    Bikeable (60)
Powered by Walk Score ®

Location

  • City Caldwell, ID
  • Neighborhood Dorman's
  • Zip Code 83605
  • Market Boise
  • Map
  • Street

Points of Interest

Konnectronix

0.44 miles

Chevron

0.65 miles

Maverik

0.91 miles

Flying J

1.61 miles

Lower Dam Beach Parking

5.29 miles

Lower Dam Boat Ramp Parking

5.38 miles

Lake Shore Drive Parking #7

6.94 miles

Visitor Center Parking

7.00 miles

Upper Dam West Parking

7.03 miles

Lake Shore Drive Parking #6

7.31 miles

Upper Dam East Parking

7.41 miles

Iowa Ave Parking #1

7.60 miles

Iowa Ave Parking #2

7.66 miles

Main Street Carwash

4.45 miles

Clean Get-A-Way Carwash

5.40 miles

Mister Car Wash

5.75 miles

RentForFun RV Rental

7.94 miles

Chevron Car Wash

8.32 miles

$5.00 Car Wash

8.55 miles

Epic Shine Car Wash

9.33 miles

Star Merc Car Wash

9.99 miles

Domino's

0.07 miles

Hamburger Connection

0.08 miles

Los Betos

0.10 miles

Keystone Pizza

0.21 miles

Acupulco Mexican Restaurant and Cantina

0.32 miles

Extreme Pizza

0.36 miles

Indian Creek Steakhouse

0.36 miles

Amano

0.37 miles

Golden Palace Chinese Restaurant

0.39 miles

Albertsons

0.51 miles

Bi-Mart

0.55 miles

Cliff's Country Market

0.64 miles

Walmart Neighborhood Market

2.04 miles

Grocery Outlet

2.76 miles

Walmart Supercenter

2.91 miles

Ridley's Family Market

4.57 miles

TJ Maxx

5.50 miles

Burlington

5.58 miles

Terry Reilly Medical and Behavioral Health

0.21 miles

Caldwell Fire Department

0.35 miles

Helping Hearts Counseling

0.57 miles

Clinica Santa Maria - Dr. Edward Savala

0.59 miles

Saltzer Health Urgent Care

0.64 miles

West Valley Medical Center

0.68 miles

Caldwell Clinic

0.70 miles

Primary Health

0.92 miles

Caldwell Fire Station No. 2

1.96 miles

1109 Dearborn St. Listing Summary

  • What is the asking price at Multifamily Development Land?

    Multifamily Development Land is currently listed for sale at Contact for pricing.

  • What is the total size of Multifamily Development Land?

    Multifamily Development Land has a total of 23,355 square feet.

Contact Listing Broker
broker
Mike Erkmann, CCIM

NAI Select

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