Downtown/Sherman Ave Retail

Retail-Commercial for Lease
Catylist Listing ID: 30166117
Property Subtypes: Street Retail
Contiguous Space: 4,317 SF
Building Size (RSF): 4,317 SF
Gross Building Area: 9,696 SF
Gross Land Area: 5,270 SF
Lease Rate: $0.85 PSF (Monthly)
$10.20 PSF (Annual)
Base Monthly Rent: $3,669
Lease Types: Modified Gross, Industrial Gross
Ceiling: 14 ft.
Building Name: 505 Sherman
Usable Size (USF): 4,317 SF
Last Updated: 11/29/2017

Overview / Comments

DOWNTOWN, SHERMAN AVENUE RETAIL EXPOSURE! Recently renovated building available April 2017, just in time for the Spring/Summer season. Space includes main floor with 2,720 SqFt of open, high ceiling showroom space plus an improved lower level adding another 1,597 SqFt of usable space. Exposed wood beam ceilings, new lighting, stained concrete floors, new restroom, floor to ceiling display windows to capture visibility from Sherman Avenue vehicle and foot traffic; make this a great opportunity for retail, showroom and high identity office uses. Also available for purchase (Possible SBA financing for owner occupant)!

Expand All Available Space

Suite: 505 4,317 SF $0.85 PSF (Monthly) Modified Gross,Industrial Gross
Level/Floor: Main + Lower Level
Space Available: 4,317 SF
Lease Rate: $0.85 PSF (Monthly)
$10.20 PSF (Annual)
$3,669 (Monthly)
Lease Type: Modified Gross,Industrial Gross
Space Subcategory: Office Showroom, Strip Center
Date Available: 9/1/2017
Space Type: Relet
Rent Escalators Index Lease
Rent Escalators Description Negotiable
Rent Concession Negotiable
Tenant Improvements Allowance $0
Moving Allowance $0
Lease Buyout Allowance $0

Additional Details

Nearest MSA: '"Coeur d''Alene"'
County: Kootenai
Taxing Authority: Kootenai County
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: 5th & 6th on Sherman
Property Visibility: Excellent
Largest Nearby Street: Sherman Avenue
Area Description: Sherman Avenue is THE place to be for retail traffic! This property's location within close distance to the CDA Resort & Marina, City Beach, Public Parking and Boat Launch, and McEuen Park drives traffic past this building throughout the year! Sherman Avenue hosts a number of events through out the year include Car d'Alene, Art on the Green, Iron Man, CDA Marathon, local parades and farmer's markets!
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick, Wood Frame
Parking Type: Surface, Other
Parking Description: Public surface parking surrounds the neighborhood
Sprinklers: Wet, Other
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal, Storm

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,083 32,222 56,895
Median Age: 35.89 37.71 38.3
Households: 3,661 13,979 23,326


Photograph of Listing Agent

Chris Schreiber, CCIM

Kiemle & Hagood Company NWCRE Member
© Copyright Coeur d'Alene Traders Club. 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.