$1,300,000
Post Falls, ID 83854
MLS# 24-10963
Status: Pending
5970 sqft
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Property Description
This is a prime investment opportunity to acquire a 5,970 SF commercial building on 0.86 acres in Post Falls, Idaho. Zoned Industrial, the property offers flexibility for various commercial and industrial uses. Currently a NNN lease in place with an option to renew, this asset provides an immediate income stream, making it ideal for investors seeking stable returns. Located minutes from I-90, the property offers excellent access to Post Falls' local amenities and transportation links, with proximity to Coeur d'Alene and Spokane. Post Falls is a growing community with a strong economy, offering nearby retail centers, dining, and recreational options. A great addition to any investment portfolio, this property provides long-term income potential.
Details
Maps
Contract Information
Status: Pending
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 152
Begin Date: 2024-12-03
List Price: $1,300,000
Under Contract Date: 2024-12-11
Short Sale: No
REO: No
General Property Description
Building Style: Retail
Basement: No
Year Built: 1998
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 5970
SqFt. 1: 5970
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.86
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial
Legal and Taxes
Legal: SELTICE PLAZA, LT 7 BLK 2 02 50N 05W
AIN/Tax Bill: 204646
Parcel Number: P83500020070
Zoning: Industrial
Directions: I-90 W from CDA, Take Exit 6 (Seltice Way), South on Seltice Way to property on North side of street.
Taxes: 4950.91
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Subdivision: N/A
Remarks
Public Remarks: This is a prime investment opportunity to acquire a 5,970 SF commercial building on 0.86 acres in Post Falls, Idaho. Zoned Industrial, the property offers flexibility for various commercial and industrial uses. Currently a NNN lease in place with an option to renew, this asset provides an immediate income stream, making it ideal for investors seeking stable returns. Located minutes from I-90, the property offers excellent access to Post Falls' local amenities and transportation links, with proximity to Coeur d'Alene and Spokane. Post Falls is a growing community with a strong economy, offering nearby retail centers, dining, and recreational options. A great addition to any investment portfolio, this property provides long-term income potential.
Address
Street Number: 1631
Street Direction Pfx: E
Street Name: SELTICE
Street Suffix: WAY
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Subject To
CC&Rs: Yes
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 2
Twn: 50N
Rng: 05W
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: No
Approx SqFt of Leased Space: 6000
Monthly Lease Amount: 6367.25
Property Features
View: Mountain(s); Territorial
Lot Features: Level; Open
Interior Features: Central Air; Extra Storage; Handicap Restrooms; High Speed Internet
Exterior Features: Curbs; Handicap Access; Landscaping; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System
Common Walls: No Common Walls
Fuel: Gas
Heating: Forced Air
Basement: None-Slab on Grade
Construction: Steel Frame
Foundation: Concrete
Exterior: Concrete
Roof: Rolled Comp; Rolled Rubber
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing
Listing Office: Professional Realty Services Idaho
Last Updated: December - 12 - 2024
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