Rustic Furniture Store and Manufacturer

Retail-Commercial for Sale
Catylist Listing ID: 30557634
Property Subtypes: Free-Standing Building
Building Size (RSF): 16,538 SF
Gross Land Area: 1.72 Acres
Sale Price: $5,500,000
Unit Price: $332.57 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Wild West Rustic Furniture
Usable Size (USF): 16,538 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2020

Overview / Comments

Truly unique business opportunity to acquire the highly successful Wild West Furniture store located in the heart of Coeur d'Alene, ID. Located on busy I-95 over 38,000 cars drive by this business on a daily basis. This particular furniture business is a special mix of hand picked manufacturers and artists combined with in-house manufacturing of breathtaking pieces of furniture that all elicit a true North Idaho feel. Revenues grew to 1.8M in 2019 up 10% year over year. Business has been operated as a "lifestyle' business for this owner and offers significant untapped opportunities to increase sales. Sellers discretionary income clocked in at over $600,000 in 2019 bolstered by industry leading margins (averaging over 60%). Listing includes business, building, land, and all FF&E.

Attachments & Media

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai County
Tax ID/APN: C-8760-000-013-A
Retail Clientele: General, Family
Property Located Between: W Kathleen and Dalton Ave
Property Visibility: Excellent
Largest Nearby Street: W Kathleen
Feet of Frontage: 395
Traffic/Vehicle Count: 38,000
Highway Access: Easy access. Good visible frontage along Highway 95 corridor.
Site Description: Property consists of 3 buildings including the 14,176 sq ft main store plus a 1,860 sq.ft manufacturing shop, a 502 sq ft storage bldg and add'l garage.
Area Description: Main commercial corridor surrounded by other retail and furniture stores. Close to Highway 90 from Highway 95
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Steel Frame
Exterior Description: Plenty of parking in front of store with customer appeal.
Total Parking Spaces: 25
Parking Type: Surface
Sprinklers: Wet, Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Open concept with designated areas for furniture categories and accessories. Lots of inventory kept on the floor. Open office space with private work areas.
Zoning Description: Commercial zoned with light manufacturing
Lot Frontage: 395
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: SWANSONS TRACT, TAX#11133 IN LTS 14 & 15 3551N04W and SWANSONS TRACT, LT 13 EX RW, LT 14 EX TX#, TAX#10830 IN LTS 13,14 & 15 3551N04W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,221 43,762 72,399
Median Age: 39.78 37.07 38.8
Households: 4,314 18,145 29,303


Photograph of Listing Agent

Daniel Davis

Coldwell Banker Commercial
NWCRE Member
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