Office Building Investment

Office for Sale
Sale Pending
Catylist Listing ID: 30326718
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 9,805 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $790,000
Unit Price: $80.57 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Sandalwood Business Center
Class of Space: Class B
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

GREAT INVESTMENT PROPERTY in the East Sherman District. This project is on 0.49 acres located just off Interstate 90 on the northwest corner of 22nd Street and Sherman Avenue between the Baymont Inn and Japan House Suites. This office building was built in 1996 and totals 9,805 sf. The main level is 6,467 sf with 10 suites, the upper level is 2,144 sf with 5 suites and the basement is 1,194 sf with a mechanical room and individual storage units. Several units could be combined for an Owner/User. Zoned C-17 in the City of Coeur d’Alene. Nicely landscaped with 32 off street parking stalls.

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Tax ID/APN: 105986
Zoning: R-17
Market Type: Medium
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Shuttle, Highway, Taxi
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1996
Roof Type: Arched
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Internet Access: Cable, Dialup
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,770 28,014 53,955
Median Age: 35.69 36.87 38.1
Households: 2,497 12,320 22,212
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