$539,000
Sandpoint, ID 83864
MLS# 24-738
Status: Closed
2600 sqft
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Property Description
Ideal investment opportunity or redevelopment potential in the core of downtown Sandpoint's ''Opportunity Zone''. Prime location on a corner lot for optimum exposure, The Ravenwood building is 2,600 sq. ft. w/ highly sought after off-street parking including covered spaces. Currently separated into 8 large private suites, 2 with their own separate entrances. The upstairs features 4 private suites, a common bathroom & spacious kitchen area. Downstairs consist of private offices w/ one suite having additional versatile space as well as a common bathroom, kitchen & courtyard. Newer flooring throughout. Exceptional tenant history. Ting or Vyve internet available. MIXED USE ZONING allows for additional opportunity. Across the street from the new Bernklau cafe bar. The perfect combination of location, space & style! Situated within walking distance of downtown amenities, south Sandpoint & the lake. A rare opportunity to secure a prime location in Sandpoint! Short term seller carry.
Details
Maps
Contract Information
Neighborhood Grid #: 440
Short Sale: No
REO: No
Financing: Cash
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: North (Bonner & Boundary)
Begin Date: 2024-01-31
List Price: $539,000
Sold Date: 2024-10-11
Under Contract Date: 2024-07-02
General Property Description
Building Style: Commercial Condo
Realtor.COM Type: Commercial
Lot Acres: 0.16
Basement: Yes
Business Type: See Remarks
Lot Type 1: Commercial
Total SqFt.: 2600
Lot Size: 7100
New Construction: No
ESTIMATED SqFt Source: Assessor
Year Built: 1977
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: 17970
Taxes: 3881.22
Zoning: Mixed Use Res
Tax Year: 2022
Taxes Reflect 1: No Exemptions
Legal: 22-57N-2W Laws Addn Blk. A Lot 1 Ravenwood Building
Parcel Number: RPS024300A0010A
Directions: North on 95, exit Superior St. to downtown Sandpoint, Right on First St, Left on Pine St. Property is on the corner of 4th and Pine.
Remarks
Public Remarks: Ideal investment opportunity or redevelopment potential in the core of downtown Sandpoint's ''Opportunity Zone''. Prime location on a corner lot for optimum exposure, The Ravenwood building is 2,600 sq. ft. w/ highly sought after off-street parking including covered spaces. Currently separated into 8 large private suites, 2 with their own separate entrances. The upstairs features 4 private suites, a common bathroom & spacious kitchen area. Downstairs consist of private offices w/ one suite having additional versatile space as well as a common bathroom, kitchen & courtyard. Newer flooring throughout. Exceptional tenant history. Ting or Vyve internet available. MIXED USE ZONING allows for additional opportunity. Across the street from the new Bernklau cafe bar. The perfect combination of location, space & style! Situated within walking distance of downtown amenities, south Sandpoint & the lake. A rare opportunity to secure a prime location in Sandpoint! Short term seller carry.
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint CIty
View
City: 1
Neighborhood: 1
Business Info
Non-Disclosure Agreement: 1
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: N/A
Approx SqFt of Leased Space: 1982
Lot Features
Corner Lot: 1
Level: 1
Interior Features
Cable Internet Available: 1
Phone Prewired: 1
See Remarks: 1
Exterior Features
Lighting: 1
Paved Parking: 1
Sidewalks: 1
See Remarks: 1
Other Structures
See Remarks: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
Road
Paved: 1
Public Maintained Road: 1
Water
City: 1
Common Walls
No Common Walls: 1
Sewer
Public Sewer: 1
Fuel
Electric: 1
Heating
Forced Air: 1
Bsmt
Part Size: 1
Basement
Daylight: 1
Walk-Out Access: 1
Foundation
Concrete: 1
Construction
Frame: 1
Exterior
Wood Siding: 1
Roof
Rolled Rubber: 1
Address
Street Number: 102
Street Direction Pfx: S
Street Name: 4th Avenue
State/Province: ID
Postal Code: 83864
County: Bonner
Property Features
Business Info: Non-Disclosure Agreement
View: Neighborhood
Lot Features: Corner Lot; Level
Interior Features: Cable Internet Available; Phone Prewired; See Remarks
Exterior Features: Lighting; Paved Parking; Sidewalks; See Remarks
Common Walls: No Common Walls
Fuel: Electric
Heating: Forced Air
Other Structures: See Remarks
Bsmt: Part Size
Basement: Daylight; Walk-Out Access
Construction: Frame
Foundation: Concrete
Exterior: Wood Siding
Roof: Rolled Rubber
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Coldwell Banker Schneidmiller Realty
Last Updated: June - 16 - 2026
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