$2,400,000
Sandpoint, ID 83864
MLS# 21-7986
Status: Closed
2317 sqft
1 / 44
Property Description
Opportunities for commercial and multi family residential abound with this unique 2.99 acre parcel inside the Sandpoint city limits. Featuring 304 feet of Highway 2 frontage towards Dover Bay, and 620 feet along Ridley Village Rd, the property is zoned Commercial C and prime for development in the fast growing southwest Sandpoint. Up to 119 multi family units, restaurants, lodging and more are allowed. Many options for dividing - highest and best use may be 2 separate commercial lots on road frontages & remaining land used for multifamily development. Property currently boasts of 2 residences - original house is 1517 square feet, built in 1914 and fully remodeled in 1994. Has been a successful vacation rental. Neighboring barn features 800 square feet of unique & charming living space, with fenced yard, fire pit and large upstairs loft for storage. As future Hwy 2 improvements continue, this high traffic area is ripe with commercial and multifamily opportunity.
Details
Documents
Contract Information
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2021-08-04
List Price: $2,400,000
Sold Date: 2021-11-10
Under Contract Date: 2021-10-22
Non-Agent Compensation: 2.5
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Financing: Seller Financing
General Property Description
Building Style: Single Level
Basement: No
Year Built: 1914
New Construction: No
Total #/Bldgs: 3
Total SqFt.: 2317
ESTIMATED SqFt Source: Owner
Lot Acres: 2.99
Lot Type 1: Commercial
Business Type: None
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 28-57N-2W TAX 21, LESS TAX 33 & 87
AIN/Tax Bill: 10239
Parcel Number: RPS00000280241A
Zoning: Commercial C
Directions: From Sandpoint, take Hwy 2 toward Dover and Priest River. Just past Ridley Village Road, on left.
Taxes: 3814
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: Opportunities for commercial and multi family residential abound with this unique 2.99 acre parcel inside the Sandpoint city limits. Featuring 304 feet of Highway 2 frontage towards Dover Bay, and 620 feet along Ridley Village Rd, the property is zoned Commercial C and prime for development in the fast growing southwest Sandpoint. Up to 119 multi family units, restaurants, lodging and more are allowed. Many options for dividing - highest and best use may be 2 separate commercial lots on road frontages & remaining land used for multifamily development. Property currently boasts of 2 residences - original house is 1517 square feet, built in 1914 and fully remodeled in 1994. Has been a successful vacation rental. Neighboring barn features 800 square feet of unique & charming living space, with fenced yard, fire pit and large upstairs loft for storage. As future Hwy 2 improvements continue, this high traffic area is ripe with commercial and multifamily opportunity.
Address
Street Number: 2025
Street Name: US-2
State/Province: ID
Postal Code: 83864
County: Bonner
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: Yes
LID: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: Selkirk
Miscellaneous
Sec: 28
Twn: 57
Rng: 02
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)
Lot Features: Level; Open
Interior Features: High Speed Internet
Exterior Features: Landscaping; Lawn
Common Walls: No Common Walls
Fuel: Electric; Gas
Heating: Cadet; Furnace; Radiant
Other Structures: Shed; Storage
Basement: None
Construction: Frame
Foundation: Concrete
Exterior: Vinyl; Wood
Roof: Comp Shingle; Metal
Road: Paved
Sewer: City Sewer
Terms Considered: Cash; Conventional
Showing Instructions: ShowingTime Online
LBP Disclosure 
Listing Office: RE/MAX In Action
Last Updated: July - 07 - 2022
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Sunday 28th of April 2024 11:56 PM