221 Sherman Ave, Coeur d Alene, ID 83814

Office for Sale
Catylist Listing ID: 30169199
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 3,616 SF
Gross Building Area: See Agent
Gross Land Area: 0.05 Acres
Sale Price: $700,000
Unit Price: $193.58 PSF
Property Use Type: Investment
Building Name: 221 Sherman Ave, Coeur d' Alene, ID 83814
Class of Space: Class C
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/4/2017

Overview / Comments

Located on the busiest block in downtown CDA retail district. In the same block as Hudson's Hamburger and across the street from the Plaza Shops. Building is well maintained and would lend itself to several uses. Currently a real estate company. All recent upgrades were permitted and the lower level has lots of potential. Would be a great coffee shop, art gallery, specialty shop, ETC. The building is currently leased through the end of 2017 but the tenant might be willing to vacate sooner. Very motivated sellers are willing to carry a contract with $100,000 down at 5% interest amortized over 30 years with a balloon in 10 years. The building also available for lease at $3800 per month modified gross. Great downtown Coeur d' Alene, Idaho...Investment

Additional Details

Nearest MSA: '"Coeur d''Alene"'
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: 129749
Zoning: 442 COMMERICAL IMP/TRACT IN CITY
Property Located Between: Hudson's Hamburger and across the street from the Plaza Shops
Property Visibility: Excellent
Airports: Coeur d' Alene Airport and Spokane Airport
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,260 SF
Year Built: 1912
Roof Type: Flat
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Internet Access: Cable
Interior Description: Nice office space in excellent condition, please preview photos.
Zoning Description: 442 Com Imp Lot/Tract in City
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,127 32,222 56,895
Median Age: 35.95 37.71 38.3
Households: 3,256 13,979 23,326

Contact

Photograph of Listing Agent

Dan R. Johnson

Windermere CDA Realty, Inc.
NWCRE Member
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