$1,075,000
Post Falls, ID 83854
MLS# 25-10233
6808 sqft
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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
Status: Active
Listing Type: Commercial Condo
Area: 02 - Post Falls
Neighborhood Grid #: 151
Begin Date: 2025-10-01
List Price: $1,075,000
General Property Description
Building Style: Commercial Condo
Basement: No
Year Built: 2007
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 6808
ESTIMATED SqFt Source: Assessor
Lot Acres: 4.7
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial
Legal and Taxes
Legal: PROMENADE CONDOS, Section 01 Township 50N Rang 05W
AIN/Tax Bill: See remarks
Parcel Number: See remarks
Zoning: PFCCS
Directions: GPS is accurate.
Tax Year: 2024
Taxes Reflect 1: No Exemptions
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!
Address
Street Number: 3591
Street Direction Pfx: E
Street Name: 3rd
Street Suffix: Ave
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
Fire Protection Name: PFFD
Miscellaneous
Sec: 1
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: 6808
Monthly Lease Amount: 8800
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: October - 20 - 2025
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