$3,300,000
Coeur d'Alene, ID 83814
MLS# 22-11555
Status: Pending
11400 sqft
1 / 36
Property Description
Superb downtown Coeur d'Alene hospitality and/or development opportunity on five PRIME beautifully landscaped, fully fenced park-like lots (.62 acre) in the Downtown Core, North Infill Overlay district, zoned mixed use commercial/ind. Coeur d'Alene's oldest standing schoolhouse (1905-1972) was converted in 1994 to a profitable 5-story boutique inn. ResNexus reservation system and keyless entry. Currently houses 14 rooms and suites, with kitchen, dining room, spa facilities, indoor and outdoor event/meeting spaces, plus self-contained apartment on the upper level. Potential bed & breakfast, office suites, assisted living, event center, private school, 15 bedroom home, or re-development. Wheelchair access, fire sprinklers, elevator. 15 off-street parking spaces. Walk to City Beach, library, parks, Centennial Bike Trail, Tubbs Hill, shopping, restaurants, art galleries, and museums. Sale includes land, building, and profitable turn-key business including all furnishings and equipment.
Details
Documents
Contract Information
Status: Pending
Listing Type: Business, Bld & Land
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 104
Begin Date: 2023-01-01
List Price: $3,300,000
Under Contract Date: 2024-01-24
Non-Agent Compensation: 1
Non-Agent Compensation Type: %
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: Yes
Year Built: 1905
Remodeled: Yes
Year of Remodel: 1994
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 11400
ESTIMATED SqFt Source: Owner
Lot Acres: 0.63
Lot Type 1: Commercial
Business Type: Hospitality
Realtor.COM Type: Commercial
Legal and Taxes
Legal: CDA & KINGS ADD, LTS 7,8,9,10,11 BLK 15 1350N04W
AIN/Tax Bill: 115142
Parcel Number: C1800015007A
Zoning: CDA - DC
Directions: NE Corner of 1st Street and Wallace Avenue in downtown Coeur d'Alene.
Taxes: 11102
Tax Year: 2022
Taxes Reflect 1: Home Owner's Exemption
Subdivision: CdA & Kings
Remarks
Public Remarks: Superb downtown Coeur d'Alene hospitality and/or development opportunity on five PRIME beautifully landscaped, fully fenced park-like lots (.62 acre) in the Downtown Core, North Infill Overlay district, zoned mixed use commercial/ind. Coeur d'Alene's oldest standing schoolhouse (1905-1972) was converted in 1994 to a profitable 5-story boutique inn. ResNexus reservation system and keyless entry. Currently houses 14 rooms and suites, with kitchen, dining room, spa facilities, indoor and outdoor event/meeting spaces, plus self-contained apartment on the upper level. Potential bed & breakfast, office suites, assisted living, event center, private school, 15 bedroom home, or re-development. Wheelchair access, fire sprinklers, elevator. 15 off-street parking spaces. Walk to City Beach, library, parks, Centennial Bike Trail, Tubbs Hill, shopping, restaurants, art galleries, and museums. Sale includes land, building, and profitable turn-key business including all furnishings and equipment.
Address
Street Number: 105
Street Direction Pfx: E
Street Name: Wallace
Street Suffix: Ave
State/Province: ID
Postal Code: 83814
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
Miscellaneous
Sec: 13
Twn: 50
Rng: 04
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Years in Business: 27
Confidential from Employees?: Yes
Owner Qtrs
#Baths: 1
#Bdrms: 1
SqFt: 1400
SqFtSource: Owner
YrBuilt: 1994
Property Features
View: Lake; Mountain(s); Territorial
Lot Features: Alley Access; Corner Lot; Level; Open; Southern Exposure
Interior Features: 3 Phase Power; Cable Internet Available; Cable TV; Central Air; Elevator; Extra Storage; Fire Sprinklers; Handicap Facility; Hardwood Floors; High Speed Internet; Tile/Stone Flooring
Exterior Features: Curbs; Fencing - Full; Handicap Access; Landscaping; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System
Common Walls: No Common Walls
Owner Qtrs: Owner Qtrs
Fuel: Gas
Heating: Forced Air; Furnace
Other Structures: Storage
Bsmt: Full Size
Basement: Finished
Construction: Block; Brick
Foundation: Rock
Exterior: Brick
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: Cash; Conventional; SBA
Zoning Description 
Listing Office: Keller Williams Realty Coeur d'Alene
Last Updated: January - 25 - 2024
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Wednesday 15th of May 2024 02:53 AM