$1,399,900
Post Falls, ID 83854
MLS# 24-5768
Status: Closed
10000 sqft
1 / 86
Property Description
This building features two 2,500 sq ft suites, each with a full basement. One suite is ready for an owner/user & offers 6-7 exam rooms w/ sinks, large entry lobby area, conference/work area, & an admin office. The adjoining suite is leased by the Post Falls Musical Academy, currently in the 4th year of a five-year lease, at $3,275 per month on a modified gross basis, w/ an option to extend for an additional five year. There is also basement storage space leased on a month-to-month basis. Built in 1996, the building has been continuously updated & improved by the current owner. It is situated in the heart of the Post Falls Medical District and Retail Area, offering a prime location near the Interstate 90 interchange, with easy access to Highway 41 and the Seltice Way Commercial Corridor. The building is also close to Kootenai Health and Northwest Specialty Hospital, making it an ideal location for medical or professional use.
Details
Contract Information
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 158
Begin Date: 2024-06-07
List Price: $1,399,900
Sold Date: 2025-03-24
Under Contract Date: 2024-12-02
Financing: Conventional Loan
General Property Description
Building Style: Single Level
Basement: Yes
Year Built: 1996
Remodeled: No
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 10000
SqFt. 1: 5000
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.69
Lot Type 1: Commercial
Business Type: None
Realtor.COM Type: Commercial
Legal and Taxes
Legal: FIRST SECURITY PLAZA, LT 2 BLK 1 EX W 100 FT Section 02 Township 50N Range 05W
AIN/Tax Bill: 198360
Parcel Number: P2500001002A
Zoning: CCS
Directions: I-90 West to Post Falls Exit 6 to Seltice Way, North on Goude Street, Right on Polstone Avenue to 1110 E. Polston Avenue.
Taxes: 5929
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: This building features two 2,500 sq ft suites, each with a full basement. One suite is ready for an owner/user & offers 6-7 exam rooms w/ sinks, large entry lobby area, conference/work area, & an admin office. The adjoining suite is leased by the Post Falls Musical Academy, currently in the 4th year of a five-year lease, at $3,275 per month on a modified gross basis, w/ an option to extend for an additional five year. There is also basement storage space leased on a month-to-month basis. Built in 1996, the building has been continuously updated & improved by the current owner. It is situated in the heart of the Post Falls Medical District and Retail Area, offering a prime location near the Interstate 90 interchange, with easy access to Highway 41 and the Seltice Way Commercial Corridor. The building is also close to Kootenai Health and Northwest Specialty Hospital, making it an ideal location for medical or professional use.
Address
Street Number: 1110
Street Direction Pfx: E
Street Name: POLSTON
Street Suffix: AVE
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Post Falls
Miscellaneous
Sec: 2
Twn: 50
Rng: 5
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: 5140
Monthly Lease Amount: 3275
Property Features
View: Mountain(s); Territorial
Lot Features: Landscaped; Level; Southern Exposure
Fencing: Partial
Interior Features: Central Air; Handicap Facility; Handicap Restrooms; High Speed Internet; Storage
Exterior Features: Curbs; Handicap Access; Lawn; Lighting; Paved Parking; Sprinkler System
Common Walls: No Common Walls
Fuel: Natural Gas
Heating: Forced Air
Bsmt: Full Size
Basement: Part Finished
Construction: Frame
Foundation: Concrete
Exterior: Brick
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Showing Instructions: ShowingTime Online
Supplements
represents an excellent investment opportunity with versatile usage options and a strategic location. The vacant suite is move-in ready, perfectly suited for your business needs.
Listing Office: John L. Scott
Last Updated: March - 24 - 2025
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