$750,000
Post Falls, ID 83854
MLS# 25-9190
2304 sqft
1 / 9
Property Description
Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Details
Maps
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 151
Begin Date: 2025-09-06
List Price: $750,000
Short Sale: No
REO: No
General Property Description
Building Style: Single Level
Basement: No
Year Built: 1994
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 2304
SqFt. 1: 2304
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.65
Lot Type 1: Industrial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: SELTICE INDUSTRIAL PARK, LT 1 BLK 3 Section 01 Township 50N Range 05W
AIN/Tax Bill: 107964
Parcel Number: P83250030010
Zoning: PF - Industrial
Directions: On Seltice Way about 1/2 mile W of the Hwy 41 and I-90 interchange.
Taxes: 4676
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Address
Street Number: 3260
Street Direction Pfx: E
Street Name: SELTICE
Street Suffix: WAY
State/Province: ID
Postal Code: 83854
County: Kootenai
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: KC Fire & Rescue
Miscellaneous
Sec: 1
Twn: 50
Rng: 05
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
Monthly Lease Amount: 3250
Property Features
View: Mountain(s); Territorial
Lot Features: Corner Lot; Level; Southern Exposure
Exterior Features: Curbs; Lighting; Paved Parking
Common Walls: No Common Walls
Fuel: Electric
Heating: See Remarks
Basement: None
Construction: Block
Foundation: Concrete
Exterior: Cement Block
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Community System
Terms Considered: Cash; SBA
Listing Office: Keller Williams Realty Coeur d'Alene
Last Updated: September - 08 - 2025
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.