Kirk and Mimi Fisher | REALTORS® | 208 661-9457

216 & 220 6th St., Wallace, ID 83873 (MLS# 24-5785)


$1,999,999
216 & 220 6th St.
Wallace, ID 83873
MLS# 24-5785
7500 sqft


Historic Albertini's Gem Bar in Wallace, ID
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Historic Albertini's Gem Bar in Wallace, ID Modernized Legendary Albertini's Gem Bar Beautifully Modernized Albertini's Gem Bar!!! Copper-topped Bar Fully Stocked Bar The Finest Place in Wallace! New Equipment Throughout Albi's Gem Bar Sitting Area More Attention to Details Beautiful Views of Wallace Framed by Huge Windows Entry to the Cigar/Library Room Beautiful Day & Night Exposed Original Brick Throughout the Whole Property Library Case 1 Library Case 2 Attention to Detail Everywhere! Artistic Detail Throughout Cigar Room Ambiance Enjoy the Games From this Beautiful Couch Cigar/Library Room Downstairs Restroom Entrance to Linden Lofts Hotel Stairs to Linden Lofts Hotel 2nd Floor Landing Entry to Unit 2 Unit 2 Living Room Unit 2 Bathroom Unit 2 Kitchen Unit 2 View to Bedroom Unit 2 View From Kitchen Unit 2 Bedroom Unit 1 Living Room Unit 1 Kitchen View From Living Room Unit 1 Kitchen Unit 1 Living Room View From Kitchen Unit 1 living Room Unit 1 View to Bedroom From Living Room Unit 1 Bedroom View From 2nd Floor Unit 1 Looking East Unit 1 Bathroom Entry View to Unit 4 Unit 4 Living Room Unit 4 Kitchen Unit 4 View of Living Room From Kitchen Unit 3 SW Exterior View From Kitchen Unit 4 View to Bedroom From Living Room Unit 4 Bedroom Unit 4 Bathroom View From 3rd Floor Unit 4 Looking SE Towards Moon Pass/Avery/St. Joe River Wilderness Area Modern Details Throughout View from 3rd Floor Unit 3 Looking East Over Wallace Huge Dual Head Showers in Each Unit 216 & 220 6th St., Wallace, ID 83873 Laundry Rooms in All Four Units NEW Engineered Posts & Beams Throughout the Entire Building New 60' Glulam Beam on Restaurant Side - Ready for Design & Buildout Engineered Glulam Beam Stairs to 3rd Floor

Property Description
All of the hard work is done in this beautiful turnkey mixed-use brick building, originally built in 1914. The ''Camia'' sits in the heart of Downtown Wallace only 15 minutes from both Lookout Pass and Silver Mountain ski resorts. The building underwent an extensive renovation completed in 2023 consisting of a total interior engineering and remodel, including exposed post/beam installation, all new plumbing, HVAC, and electrical, all new dual pane energy efficient windows, and a new roof. The street level features a beautifully designed upscale bar and lounge with a cigar/library sitting room. All three commercial spaces have vaulted 12'-16' ceilings with a total floor space of approximately 5,625 sqft, as well as a 1,875 sqft basement. Attached to the lounge is an open restaurant space of 1,875 sqft that is ready for design and buildout. The second and third floors boast four fully furnished well-appointed lofts, with wide open floor plans, beautiful bathrooms with large

Details
Maps
Contract Information
Status: Active
Listing Type: Business, Bld & Land
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2024-06-14
List Price: $1,999,999
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: Yes
Year Built: 1914
Remodeled: Yes
Year of Remodel: 202223
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 7500
SqFt. 1: 1875
SqFt. 2: 1875
SqFt. 3: 1875
Bldg #2 Sq Ft: 3750
ESTIMATED SqFt Source: Assessor
Lot Size: 3746
Lot Acres: 0.08
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: See Attached Exhibit A
AIN/Tax Bill: 1984 & 1985
Parcel Number: RPB0050017019CA & RPB0050017019DA
Zoning: WA-Wallace
Directions: I-90 East to Wallace, Exit 61 toward Business Route/Wallace. L on N Frontage Rd/The Harry F. Magnuson Way, L on Pine Street to the stop sign. The property is on the L on the corner of Sixth & Pine.
Taxes: 6370.58
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Subdivision: Wallace Townsite
Remarks
Public Remarks: All of the hard work is done in this beautiful turnkey mixed-use brick building, originally built in 1914. The ''Camia'' sits in the heart of Downtown Wallace only 15 minutes from both Lookout Pass and Silver Mountain ski resorts. The building underwent an extensive renovation completed in 2023 consisting of a total interior engineering and remodel, including exposed post/beam installation, all new plumbing, HVAC, and electrical, all new dual pane energy efficient windows, and a new roof. The street level features a beautifully designed upscale bar and lounge with a cigar/library sitting room. All three commercial spaces have vaulted 12'-16' ceilings with a total floor space of approximately 5,625 sqft, as well as a 1,875 sqft basement. Attached to the lounge is an open restaurant space of 1,875 sqft that is ready for design and buildout. The second and third floors boast four fully furnished well-appointed lofts, with wide open floor plans, beautiful bathrooms with large
Address
Street Number: 216 & 220
Street Name: 6th
Street Suffix: St.
State/Province: ID
Postal Code: 83873
County: Shoshone
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Yes
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Shoshone District #1
Miscellaneous
Sec: 27
Twn: 48N
Rng: 04
Rng Dir: EBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Confidential from Employees?: Yes
Interior Features
Smart Other: Remote CCTV System
Architectural Style
Description: Multi-story Brick
Property Features
View: Mountain(s); Neighborhood; Territorial
Lot Features: Corner Lot; Level; Southern Exposure
Interior Features: 3 Phase Power; Cable Internet Available; Cable TV; Central Air; DSL Available; Extra Storage; High Speed Internet; Mini-Split A/C; Satellite; Security System; Smart Thermostat; Tile/Stone Flooring; Wall Unit(s)
Exterior Features: Curbs; Handicap Access; Lighting; Paved Parking; Sidewalks
Common Walls: 2+ Common Walls
Fuel: Electric; Gas
Heating: Ductless; Forced Air; Furnace; Mini-Split; Stove - Gas
Bsmt: Full Size
Basement: Unfinished
Construction: Brick; Frame; Post & Beam
Foundation: Concrete
Exterior: Brick; Concrete; Steel
Roof: Rolled Comp
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Private Financing; Seller Financing
Supplements
walk-in dual head showers, laundry rooms, and full kitchens with stainless steel appliances. The lofts are designed for both short-stay and long-term rentals, the lobby entry and all loft doors have key and/or keyless (code/card) access control systems and there's also a remote monitor "Smart" CCTV system installed throughout the property. Attention to detail and design are apparent throughout this wonderful building as it maintains its historical exposed brick charm, with the benefits of new plumbing, electrical, HVAC, and energy-efficient infrastructure standards of 2023. All completed work is permitted with the City, County, and State.

Listing Office: Silvercreek Realty Group, LLC

Last Updated: June - 14 - 2024

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