$1,075,000
Post Falls, ID 83854
MLS# 25-10233
Status: Closed
6808 sqft
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1 / 73
Property Description
5 commercial retail condos in the heart of Post Falls. Fully leased. Approximately, 6800 square feet of space, renting for $8800/month total, with upside of over $11,000/month in rents. Currently priced at over a 7% cap rate, this is a low maintenance investment opportunity on a property built in 2007. A great opportunity!
Details
Maps
Contract Information
Neighborhood Grid #: 151
Financing: Cash
Status: Closed
Listing Type: Commercial Condo
Area: 02 - Post Falls
Begin Date: 2025-10-01
List Price: $1,075,000
Sold Date: 2026-03-20
Under Contract Date: 2026-01-26
General Property Description
Building Style: Commercial Condo
Realtor.COM Type: Commercial
Lot Acres: 4.7
Basement: No
Business Type: Retail
Lot Type 1: Commercial
Total SqFt.: 6808
New Construction: No
ESTIMATED SqFt Source: Assessor
Year Built: 2007
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: See remarks
Taxes: 0
Zoning: PFCCS
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Legal: PROMENADE CONDOS, Section 01 Township 50N Rang 05W
Parcel Number: See remarks
Directions: GPS is accurate.
Subdivision: Promenade
Remarks
Public Remarks: 5 commercial retail condos in the heart of Post Falls. Fully leased. Approximately, 6800 square feet of space, renting for $8800/month total, with upside of over $11,000/month in rents. Currently priced at over a 7% cap rate, this is a low maintenance investment opportunity on a property built in 2007. A great opportunity!
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
Fire Protection Name: PFFD
View
Neighborhood: 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: 6808
Monthly Lease Amount: 8800
Lot Features
Level: 1
Interior Features
Central Air: 1
High Speed Internet: 1
Exterior Features
Lawn: 1
Paved Parking: 1
Sidewalks: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
Road
Paved: 1
Public Maintained Road: 1
Water
City: 1
Common Walls
2+ Common Walls: 1
Sewer
Public Sewer: 1
Fuel
Electric: 1
Heating
Forced Air: 1
Heat Pump: 1
Basement
None-Slab on Grade: 1
Foundation
Concrete: 1
Construction
Frame: 1
Exterior
Stone: 1
Vinyl Siding: 1
Roof
Comp Shingle: 1
Address
Street Number: 3591
Street Direction Pfx: E
Street Name: 3rd
Street Suffix: Ave
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Features
View: Neighborhood; Territorial
Lot Features: Level
Interior Features: Central Air; High Speed Internet
Exterior Features: Lawn; Paved Parking; Sidewalks
Common Walls: 2+ Common Walls
Fuel: Electric
Heating: Forced Air; Heat Pump
Basement: None-Slab on Grade
Construction: Frame
Foundation: Concrete
Exterior: Stone; Vinyl Siding
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Avalon 24 Real Estate
Last Updated: March - 25 - 2026
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