$750,000
Post Falls, ID 83854
MLS# 25-9190
2304 sqft
1 / 9
Property Description
Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Details
Documents
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 151
Begin Date: 2025-09-06
List Price: $750,000
Short Sale: No
REO: No
General Property Description
Building Style: Single Level
Basement: No
Year Built: 1994
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 2304
SqFt. 1: 2304
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.65
Lot Type 1: Industrial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: SELTICE INDUSTRIAL PARK, LT 1 BLK 3 Section 01 Township 50N Range 05W
AIN/Tax Bill: 107964
Parcel Number: P83250030010
Zoning: PF - Industrial
Directions: On Seltice Way about 1/2 mile W of the Hwy 41 and I-90 interchange.
Taxes: 4676
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Address
Street Number: 3260
Street Direction Pfx: E
Street Name: SELTICE
Street Suffix: WAY
State/Province: ID
Postal Code: 83854
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
Fire Protection Name: KC Fire & Rescue
Miscellaneous
Sec: 1
Twn: 50
Rng: 05
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
Monthly Lease Amount: 3250
Property Features
View: Mountain(s); Territorial
Lot Features: Corner Lot; Level; Southern Exposure
Exterior Features: Curbs; Lighting; Paved Parking
Common Walls: No Common Walls
Fuel: Electric
Heating: See Remarks
Basement: None
Construction: Block
Foundation: Concrete
Exterior: Cement Block
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Community System
Terms Considered: Cash; SBA
Opportunity Zone 
Listing Office: Keller Williams Realty Coeur d'Alene
Last Updated: November - 20 - 2025
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