$997,000
Sandpoint, ID 83864
MLS# 23-1806
Status: Closed
1708 sqft
1 / 36
Property Description
This 2.4-acre property is Dual-zoned for Commercial and Industrial Business Park use and allows for a wide range of business activities to take place on the property. High traffic arterial location also adds to its desirability and potential for generating revenue. The inclusion of a classic 3 bed, 1.75 bath home is another attractive feature, as it can be used as a rental property to generate additional income. The home is well maintained and includes a new gas furnace, electrical, and wood-burning fireplace, making it an appealing option for renters or Owners alike. Large 3000 sqft shop is currently being used for storage, but could easily be converted into a workshop, which would open up additional possibilities for revenue generation. Finally, the 22-unit storage building is at capacity, which indicates a strong demand for convenient in-town storage options. Overall, this property has a lot of potential for generating income, both in the short-term and the long-term.
Details
Documents
Contract Information
Status: Closed
Listing Type: Business, Bld & Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2023-03-17
List Price: $997,000
Sold Date: 2023-12-14
Under Contract Date: 2023-10-19
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2
Buyer Agency Compensation Type: %
Financing: Cash
General Property Description
Building Style: Single Level
Basement: No
Year Built: 1925
New Construction: No
Total #/Bldgs: 3
Total SqFt.: 1708
ESTIMATED SqFt Source: Assessor
Lot Size: 104,543
Lot Acres: 2.4
Lot Type 1: Commercial
Business Type: Mini-Storage
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 15-57N-2W TAX 2 A & P MINI STORAGE
AIN/Tax Bill: 0000
Parcel Number: RPS00000155250A
Zoning: Commercial
Directions: West on Cedar St, Right on Fifth Ave, Left on Larch St to the roundabout take the first Right out of the roundabout onto Boyer Ave, Property will be on the Left (before baldy mountain road).
Taxes: 3504
Tax Year: 2022
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: This 2.4-acre property is Dual-zoned for Commercial and Industrial Business Park use and allows for a wide range of business activities to take place on the property. High traffic arterial location also adds to its desirability and potential for generating revenue. The inclusion of a classic 3 bed, 1.75 bath home is another attractive feature, as it can be used as a rental property to generate additional income. The home is well maintained and includes a new gas furnace, electrical, and wood-burning fireplace, making it an appealing option for renters or Owners alike. Large 3000 sqft shop is currently being used for storage, but could easily be converted into a workshop, which would open up additional possibilities for revenue generation. Finally, the 22-unit storage building is at capacity, which indicates a strong demand for convenient in-town storage options. Overall, this property has a lot of potential for generating income, both in the short-term and the long-term.
Address
Street Number: 1407
Street Direction Pfx: N
Street Name: Boyer
Street Suffix: Ave
State/Province: ID
Postal Code: 83864
County: Bonner
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint City
Miscellaneous
Sec: 15
Twn: 57
Rng: 2
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: Mountain(s); Neighborhood
Lot Features: Level; Open
Interior Features: Extra Storage
Exterior Features: Lawn; Lighting
Common Walls: No Common Walls
Fuel: Electric; Wood
Heating: Baseboard; Fireplace; Furnace
Basement: None
Construction: Frame
Foundation: Concrete
Exterior: Steel; Wood
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: Cash; Conventional; Seller Financing
Showing Instructions: ShowingTime Online
Supplements
The mixed use zoning makes this a perfect opportunity for someone to live on the property and operate their business at the same time. Its location, zoning, and mix of buildings make it an attractive option for investors and business owners looking to establish a presence in the Sandpoint City limits while only being a short 5 minute drive to downtown, shopping, restaurants, and Sandpoint City Beach. Owner Terms available.
Aerial 
Zoning Requirements 
Listing Office: Realm Partners, LLC.
Last Updated: December - 16 - 2023
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.
Wednesday 15th of May 2024 11:45 AM