Millworx Lot 3

Vacant Land for Sale
Catylist Listing ID: 30810814
Property Subtypes: Office, Retail
Gross Land Area: 2.01 Acres
Sale Price: $1,355,086
Unit Price: $674,172 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/19/2023

Overview / Comments

One of two commercial parcels available in Millworx. Located on the edge of Post Falls Downtown District just across the street from the major redevelopment project. These parcels also reside within an urban renewal district, and a federally approved opportunity zone. The City of Post Falls will be installing a new round-a-bout at the intersection of 4th Avenue and Seltice Way, as well as at the intersection of 4th and Idaho. Seller to deliver all major utilities to the property as well as frontage improvements on 4th Avenue.

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Tax ID/APN: P-0000-002-3800
Property Visibility: Excellent
Largest Nearby Street: Idaho St
Highway Access: Easy access to I-90
Airports: Spokane Int'l Airport
Site Description: Resides within an Urban Renewal District and Federally approved Opportunity Zone. All major utilities and frontage improvements will be completed.
Area Description: Located in a booming area at the Eastern most commercial node of downtown Post Falls. and part of a major redevelopment project. Next to a future planned hotel with I-90 frontage.
Zoning Description: Commercial and approved Opportunity Zone
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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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


Photograph of Listing Agent

Daniel Davis

Coldwell Banker Commercial
NWCRE Member
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