$1,200,000
Post Falls, ID 83854
MLS# 24-10963
Status: Closed
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
Neighborhood Grid #: 152
Short Sale: No
REO: No
Financing: Conventional Loan
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Begin Date: 2024-12-03
List Price: $1,200,000
Sold Date: 2025-08-15
Under Contract Date: 2025-06-17
General Property Description
Building Style: Retail
Realtor.COM Type: Commercial
Lot Acres: 0.86
Basement: No
Business Type: Retail
Lot Type 1: Commercial
Total SqFt.: 5970
New Construction: No
SqFt. 1: 5970
ESTIMATED SqFt Source: Assessor
Year Built: 1998
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: 204646
Taxes: 4950.91
Zoning: Industrial
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Legal: SELTICE PLAZA, LT 7 BLK 2 02 50N 05W
Parcel Number: P83500020070
Directions: I-90 W from CDA, Take Exit 6 (Seltice Way), South on Seltice Way to property on North side of street.
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.
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
View
City: 1
Mountain(s): 1
Territorial: 1
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
Lot Features
Landscaped: 1
Level: 1
Open Lot: 1
Interior Features
Central Air: 1
Handicap Restrooms: 1
High Speed Internet: 1
Storage: 1
Exterior Features
Curbs: 1
Handicap Access: 1
Lawn: 1
Lighting: 1
Paved Parking: 1
Sidewalks: 1
Sprinkler System: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
Private Financing Available: 1
Road
Paved: 1
Public Maintained Road: 1
Water
City: 1
Common Walls
No Common Walls: 1
Sewer
Public Sewer: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Basement
None-Slab on Grade: 1
Foundation
Concrete: 1
Construction
Steel Frame: 1
Exterior
Concrete: 1
Roof
Rolled Comp: 1
Rolled Rubber: 1
Address
Street Number: 1631
Street Direction Pfx: E
Street Name: SELTICE
Street Suffix: WAY
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Features
View: Mountain(s); Territorial
Lot Features: Landscaped; Level; Open Lot
Interior Features: Central Air; Handicap Restrooms; High Speed Internet; Storage
Exterior Features: Curbs; Handicap Access; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System
Common Walls: No Common Walls
Fuel: Natural 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: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing Available
Listing Office: Professional Realty Services Idaho
Last Updated: August - 15 - 2025
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