Riverfront House

Retail-Commercial for Sale
Catylist Listing ID: 30329727
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 10,000 SF
Sale Price: $3,770,000
Unit Price: $377 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Riverfront House
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: 5.8%
Last Updated: 9/6/2018

Overview / Comments

Three tenant office/retail offering, includes ground floor commercial condominium and improved portion of the parking lot directly across Bellerive Lane. The condominium is divided into three units, two of which are currently leased on long term leases to high caliber tenants. LePeep Restaurant is on a new 15 year, NNN lease. John L Scott Real Estate recently expanded and renewed for an additional 5 years on their NNN lease.

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: CJ48000B0C20 +
Zoning: C-17
Property Visibility: Good
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Excellent
Year Built: 2007
Roof Type: Flat
Parking Type: Surface, Underground
Parking Description: A total of approximately 100 parking spaces available including 40+ private spaces on the included parking lot, underground reserved spaces and community parking lot spaces.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: C-17 (commercial), City of Coeur d'Alene
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,080 49,984 67,584
Median Age: 35.13 37.23 37.59
Households: 2,010 20,533 27,449

Contact

Photograph of Listing Agent

Chris Schreiber, CCIM

Kiemle Hagood NWCRE Member
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