$640,000
Spirit Lake, ID 83869
MLS# 26-89
3596 sqft
1 / 6
Property Description
Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..
Details
Maps
Contract Information
Neighborhood Grid #: 180
Short Sale: No
REO: No
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: 05 - NW Kootenai Co
Begin Date: 2026-01-02
List Price: $640,000
General Property Description
Building Style: Multi Level
Realtor.COM Type: Commercial
Lot Acres: 0.08
Basement: No
Business Type: None
Lot Type 1: Commercial
Total SqFt.: 3596
New Construction: No
SqFt. 1: 1798
SqFt. 2: 1798
ESTIMATED SqFt Source: Owner
Year Built: 1910
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: 123055
Taxes: 1805
Zoning: COM
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Legal: SPIRIT LAKE, LT 11 BLK 17 05 53N 04W
Parcel Number: S45000170110
Directions: North on Hwy 41, turn left onto W Maine St, property is on the left.
Remarks
Public Remarks: Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market.
Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..
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
View
City: 1
Territorial: 1
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: Yes
Monthly Lease Amount: 4200
Lot Features
Level: 1
Open Lot: 1
Interior Features
Cable Internet Available: 1
Cable TV: 1
High Speed Internet: 1
Exterior Features
Curbs: 1
Paved Parking: 1
Sidewalks: 1
Terms Considered
Cash: 1
Conventional: 1
Private Financing Available: 1
Road
Paved: 1
Public Maintained Road: 1
Showing Instructions
Showing Service Name: None
Water
City: 1
Common Walls
2+ Common Walls: 1
Sewer
Public Sewer: 1
Fuel
Electric: 1
Heating
Baseboard: 1
Basement
Crawl Space: 1
Foundation
Concrete: 1
Construction
Block: 1
Brick: 1
Exterior
Brick: 1
Cement Block: 1
Roof
Metal: 1
Address
Street Number: 6276
Street Direction Pfx: W
Street Name: MAINE
Street Suffix: ST
State/Province: ID
Postal Code: 83869
County: Kootenai
Property Features
View: Territorial
Lot Features: Level; Open Lot
Interior Features: Cable Internet Available; Cable TV; High Speed Internet
Exterior Features: Curbs; Paved Parking; Sidewalks
Common Walls: 2+ Common Walls
Fuel: Electric
Heating: Baseboard
Basement: Crawl Space
Construction: Block; Brick
Foundation: Concrete
Exterior: Brick; Cement Block
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional; Private Financing Available
Listing Office: Keller Williams Realty Coeur d'Alene
Last Updated: May - 07 - 2026
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