Post Falls Hospital District

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30383400
Property Subtypes: Medical, Office Building
Status: Pending/Contingent
Building Size (RSF): 3,930 SF
Gross Land Area: 0.63 Acres
Sale Price: $729,900
Unit Price: $185.73 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 3,930 SF
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Average Occupancy Rate: 100
Last Updated: 5/21/2019

Overview / Comments

Beautiful 1st class one level office building constructed in 2008. Suite B 1,591 square feet is leased by an endocrinologist and Suite A 2,339 is currently occupied by building owner whom will lease back for a short period of time or vacate at the close of escrow. Located in the heart of the Post Falls Medical District on busy E Polston Ave near Kootenai Heath and Northwest Specialty Hospitals.

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: 199548
Property Located Between: I-90 and E Mullan
Property Visibility: Excellent
Highway Access: Just a few blocks from the I-90 Seltice Blvd exit
Site Description: Level and southern facing, large private parking lot
Area Description: Vacant land in this area has been bought up by the local hospitals. A rare opportunity to own a nice office inthis location
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,930 SF
Year Built: 2008
Roof Type: Hip
Construction/Siding: Panelized, Stucco
Parking Ratio: 6.9 (per 1000 SF)
Parking Type: Surface
Parking Description: Private paved surface parking lot
Total Parking Spaces: 27
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Nicely appointed newer space with high ceilings, conference room, built in reception.
Zoning Description: CCS
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: POST FALLS IRR TRS, TAX #21490 in TR 7 BLK 2

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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
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