4th Avenue Commercial Pads

Vacant Land for Sale
Catylist Listing ID: 30654289
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 11.80 Acres
Sale Price: $3,856,040
Unit Price: $326,783 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

Nearly 12 acres of commercial property on the very cusp of growth for Post Falls. Sitting on the edge of Post Falls Downtown District, this property also fronts I-90 for some fantastic exposure. Seller is looking to coordinate pads and development options for everything from hotels to restaurants to smaller retail space users. City of Post Falls will be installing a much needed new roundabout at the intersection of 4th Avenue and Seltice Way, which will have a massive impact on the traffic this area receives. Directly across the street 168 apartments are currently under construction, with another phase firmly in the works. Seller is looking to coordinate pads and development options for everything from hotels to restaurants to smaller retail space users.

Build to suit options available for quality commercial tenants. Pricing will vary depending on the Buyer/Tenants needs. Bring any and all interested parties.

Attachments & Media

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Tax ID/APN: 144628
Zoning: COMMERCIAL
Property Visibility: Excellent
Legal Description: N 462 FT-SW-NW EX RW, N 462 FT-SE-NW EX RW & EX PLTD PTN & EX TAX # Section 02 Township 50N Range 05W
Largest Nearby Street: Spokane St
Highway Access: Easy access to Highway 90
Airports: Spokane Int'l Airport
Area Description: Sits on the edge of Post Falls Downtown District and fronts I-90 for fantastic exposure. Positive growth area!
Zoning Description: Commercial
Topography: Level
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,997 29,059 54,528
Median Age: 34.73 35.12 35.13
Households: 2,284 10,863 20,063

Contact

Photograph of Listing Agent

Daniel Davis

Coldwell Banker Commercial
NWCRE Member
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