$3,300,000
Coeur d'Alene, ID 83814
MLS# 22-11555
Status: Closed
11400 sqft
1 / 36
Property Description
Superb downtown Coeur d'Alene hospitality and/or development opportunity on five PRIME beautifully landscaped, fully fenced park-like lots (.62 acre) in the Downtown Core, North Infill Overlay district, zoned mixed use commercial/ind. Coeur d'Alene's oldest standing schoolhouse (1905-1972) was converted in 1994 to a profitable 5-story boutique inn. ResNexus reservation system and keyless entry. Currently houses 14 rooms and suites, with kitchen, dining room, spa facilities, indoor and outdoor event/meeting spaces, plus self-contained apartment on the upper level. Potential bed & breakfast, office suites, assisted living, event center, private school, 15 bedroom home, or re-development. Wheelchair access, fire sprinklers, elevator. 15 off-street parking spaces. Walk to City Beach, library, parks, Centennial Bike Trail, Tubbs Hill, shopping, restaurants, art galleries, and museums. Sale includes land, building, and profitable turn-key business including all furnishings and equipment.
Details
Maps
Documents
Contract Information
Neighborhood Grid #: 104
Short Sale: No
REO: No
Financing: Unknown
Status: Closed
Listing Type: Business, Bld & Land
Area: 01 - Cd'A Urban/Dalton
Begin Date: 2023-01-01
List Price: $3,300,000
Sold Date: 2025-05-23
Under Contract Date: 2024-01-24
General Property Description
Building Style: Multi Level
Realtor.COM Type: Commercial
Lot Acres: 0.63
Basement: Yes
Business Type: Hospitality
Lot Type 1: Commercial
Total SqFt.: 11400
Remodeled: Yes
Year of Remodel: 1994
New Construction: No
ESTIMATED SqFt Source: Owner
Year Built: 1905
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: 115142
Taxes: 11102
Zoning: CDA - DC
Tax Year: 2022
Taxes Reflect 1: Home Owner's Exemption
Legal: CDA & KINGS ADD, LTS 7,8,9,10,11 BLK 15 1350N04W
Parcel Number: C1800015007A
Directions: NE Corner of 1st Street and Wallace Avenue in downtown Coeur d'Alene.
Subdivision: CdA & Kings
Remarks
Public Remarks: Superb downtown Coeur d'Alene hospitality and/or development opportunity on five PRIME beautifully landscaped, fully fenced park-like lots (.62 acre) in the Downtown Core, North Infill Overlay district, zoned mixed use commercial/ind. Coeur d'Alene's oldest standing schoolhouse (1905-1972) was converted in 1994 to a profitable 5-story boutique inn. ResNexus reservation system and keyless entry. Currently houses 14 rooms and suites, with kitchen, dining room, spa facilities, indoor and outdoor event/meeting spaces, plus self-contained apartment on the upper level. Potential bed & breakfast, office suites, assisted living, event center, private school, 15 bedroom home, or re-development. Wheelchair access, fire sprinklers, elevator. 15 off-street parking spaces. Walk to City Beach, library, parks, Centennial Bike Trail, Tubbs Hill, shopping, restaurants, art galleries, and museums. Sale includes land, building, and profitable turn-key business including all furnishings and equipment.
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
View
City: 1
Lake: 1
Mountain(s): 1
Territorial: 1
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Years in Business: 27
Confidential from Employees?: Yes
Lot Features
Alley Access: 1
Corner Lot: 1
Landscaped: 1
Level: 1
Open Lot: 1
Southern Exposure: 1
Interior Features
3 Phase Power: 1
Cable Internet Available: 1
Cable TV: 1
Central Air: 1
Elevator: 1
Fire Sprinklers: 1
Handicap Facility: 1
Hardwood Floors: 1
High Speed Internet: 1
Storage: 1
Tile/Stone Flooring: 1
Fencing
Full: 1
Exterior Features
Curbs: 1
Handicap Access: 1
Lawn: 1
Lighting: 1
Paved Parking: 1
Sidewalks: 1
Sprinkler System: 1
Other Structures
Storage: 1
Terms Considered
Cash: 1
Conventional: 1
SBA: 1
Road
Paved: 1
Public Maintained Road: 1
Water
City: 1
Common Walls
No Common Walls: 1
Sewer
Public Sewer: 1
Owner Qtrs
Owner Qtrs: 1
#Baths: 1
#Bdrms: 1
SqFt: 1400
SqFtSource: Owner
YrBuilt: 1994
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Furnace: 1
Bsmt
Full Size: 1
Basement
Finished: 1
Foundation
Rock: 1
Construction
Block: 1
Brick: 1
Exterior
Brick: 1
Roof
Comp Shingle: 1
Address
Street Number: 105
Street Direction Pfx: E
Street Name: Wallace
Street Suffix: Ave
State/Province: ID
Postal Code: 83814
County: Kootenai
Property Features
View: Lake; Mountain(s); Territorial
Lot Features: Alley Access; Landscaped; Corner Lot; Level; Open Lot; Southern Exposure
Fencing: Full
Interior Features: 3 Phase Power; Cable Internet Available; Cable TV; Central Air; Elevator; Fire Sprinklers; Handicap Facility; Hardwood Floors; High Speed Internet; Storage; Tile/Stone Flooring
Exterior Features: Curbs; Handicap Access; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System
Common Walls: No Common Walls
Owner Qtrs: Owner Qtrs
Fuel: Natural Gas
Heating: Forced Air; Furnace
Other Structures: Storage
Bsmt: Full Size
Basement: Finished
Construction: Block; Brick
Foundation: Rock
Exterior: Brick
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional; SBA
Zoning Description 
Listing Office: Keller Williams Realty Coeur d'Alene
Last Updated: June - 14 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.