$670,000
Coeur d'Alene, ID 83814
MLS# 25-8129
2084 sqft
1 / 29
Property Description
First-floor medical office condo located near Kootenai Health. Currently leased to Laboratory Corporation of America through January 2028, this property offers a stable investment. Ideal for investors seeking a turnkey asset in a strong medical corridor. This commercial condo offers 2,084 SF of Sellable square footage and 1,487 SF of Usable square footage. This investment opportunity is offered at a 5.75% cap rate, with 2% rental increases per annum. The Chinook Medical Building offers premier Class A medical office space located in the heart of the highly sought-after Ironwood Drive medical corridor. This four-level professional office building is thoughtfully designed to meet the needs of healthcare providers and professional tenants alike. Do not disturb tenant.
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Commercial Condo
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 108
Begin Date: 2025-08-06
List Price: $670,000
General Property Description
Building Style: Commercial Condo
Basement: No
Year Built: 2006
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 2084
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.1
Lot Type 1: Commercial
Business Type: None
Realtor.COM Type: Commercial
Legal and Taxes
Legal: CHINOOK MEDICAL OFFICE BLDG CONDOS, UNIT 119 & UNDIV INT IN COMMON AREA CDA HEALTH CORRIDOR URD 1150N04W
AIN/Tax Bill: 303778
Parcel Number: CJ3180001190
Zoning: CDA- C-17L
Directions: From I-90 Head south on Northwest boulevard, turn left on Ironwood Drive.
Taxes: 3694.7
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: First-floor medical office condo located near Kootenai Health. Currently leased to Laboratory Corporation of America through January 2028, this property offers a stable investment. Ideal for investors seeking a turnkey asset in a strong medical corridor. This commercial condo offers 2,084 SF of Sellable square footage and 1,487 SF of Usable square footage. This investment opportunity is offered at a 5.75% cap rate, with 2% rental increases per annum. The Chinook Medical Building offers premier Class A medical office space located in the heart of the highly sought-after Ironwood Drive medical corridor. This four-level professional office building is thoughtfully designed to meet the needs of healthcare providers and professional tenants alike. Do not disturb tenant.
Address
Street Number: 980
Street Direction Pfx: W
Street Name: IRONWOOD
Street Suffix: DR
Street Addl Info: #119
State/Province: ID
Postal Code: 83814
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: Unknown
Miscellaneous
Sec: 11
Twn: 50
Rng: 04
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: N/A
Property Features
View: None
Lot Features: Landscaped
Common Walls: 2+ Common Walls
Fuel: Electric; Natural Gas
Heating: Forced Air
Basement: None
Construction: Frame
Foundation: Concrete
Exterior: Brick; Stone; Stucco
Roof: Metal
Road: Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional
Floorplan 
Listing Office: Kiemle Hagood
Last Updated: September - 16 - 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.