Rustic Furniture Store and Manufacturer

Retail-Commercial for Sale
Catylist Listing ID: 30557634
Property Subtypes: Free-Standing Building
Building Size (RSF): 16,538 SF
Gross Land Area: 1.72 Acres
Sale Price: $5,500,000
Unit Price: $332.57 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Wild West Rustic Furniture
Usable Size (USF): 16,538 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2020

Overview / Comments

Truly unique business opportunity to acquire the highly successful Wild West Furniture store located in the heart of Coeur d'Alene, ID. Located on busy I-95 over 38,000 cars drive by this business on a daily basis. This particular furniture business is a special mix of hand picked manufacturers and artists combined with in-house manufacturing of breathtaking pieces of furniture that all elicit a true North Idaho feel. Revenues grew to 1.8M in 2019 up 10% year over year. Business has been operated as a "lifestyle' business for this owner and offers significant untapped opportunities to increase sales. Sellers discretionary income clocked in at over $600,000 in 2019 bolstered by industry leading margins (averaging over 60%). Listing includes business, building, land, and all FF&E.

Attachments & Media

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: C-8760-000-013-A
Zoning: COMMERCIAL
Retail Clientele: General, Family
Property Located Between: W Kathleen and Dalton Ave
Property Visibility: Excellent
Largest Nearby Street: W Kathleen
Feet of Frontage: 395
Traffic/Vehicle Count: 38,000
Highway Access: Easy access. Good visible frontage along Highway 95 corridor.
Site Description: Property consists of 3 buildings including the 14,176 sq ft main store plus a 1,860 sq.ft manufacturing shop, a 502 sq ft storage bldg and add'l garage.
Area Description: Main commercial corridor surrounded by other retail and furniture stores. Close to Highway 90 from Highway 95
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Steel Frame
Exterior Description: Plenty of parking in front of store with customer appeal.
Total Parking Spaces: 25
Parking Type: Surface
Sprinklers: Wet, Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Open concept with designated areas for furniture categories and accessories. Lots of inventory kept on the floor. Open office space with private work areas.
Zoning Description: Commercial zoned with light manufacturing
Lot Frontage: 395
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: SWANSONS TRACT, TAX#11133 IN LTS 14 & 15 3551N04W and SWANSONS TRACT, LT 13 EX RW, LT 14 EX TX#, TAX#10830 IN LTS 13,14 & 15 3551N04W

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,221 43,762 72,399
Median Age: 39.78 37.07 38.8
Households: 4,314 18,145 29,303

Contact

Photograph of Listing Agent

Daniel Davis

Coldwell Banker Commercial
NWCRE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Coeur d'Alene Traders Club nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.