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.
|
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 |
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 |
|
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