1621 E Sherman Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30388764
Property Subtypes: Mixed Use, Retail-Pad, Other
Building Size (RSF): 1,622 SF
Gross Building Area: See Agent
Gross Land Area: 0.90 Acres
Sale Price: $276,000
Unit Price: $170.16 PSF
Property Use Type: Investment, Business
Building Name: Hock Shop
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/3/2019

Overview / Comments

Lots of potential for this prime, high traffic with 8,700 AADT in 2017, highly visible corner lot, located smack dab in beautiful downtown Coeur D' Alene. Cute little vintage bungalow with detached garage. Zoned C-17, has operated as a viable business for more than 30 years. Located along the East Sherman corridor, currently slatted for re-energizing redevelopment (learn more at www.eastsherman.org).

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Tax ID/APN: 134031
Retail Clientele: Family, Traveler, Tourist
Property Located Between: Corner of 17th and Sherman
Property Visibility: Excellent
Largest Nearby Street: Sherman
Traffic/Vehicle Count: 8,700
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,622 SF
Year Built: 1922
Zoning Description: C-17 Commercial
Legal Description: SANDERS PARK ADD TO CDA, LT 7 EX TAX # BLK 10 18 50N 03W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,283 29,730 52,543
Median Age: 34.72 37.43 37.83
Households: 3,131 13,016 21,652


Photograph of Listing Agent

Tony Villelli

KW Commercial
NWCRE Member
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