$950,000
Sandpoint, ID 83864
MLS# 21-10823
Status: Closed
6436 sqft
1 / 11
Property Description
This is your chance to have a piece of historical Sandpoint charm. The K2 Inn is a landmark located in the heart of downtown; amongst shopping, dining, and a short walk to Lake Pend O'reille and the City Beach. 18 comfortable units with modern amenities, kitchenettes, commercial washer and dryer, off street parking, and spacious Innkeeper quarters convenient to the front lobby; all with great location. Boutique feel, very well maintained and highly rated on Yelp and TripAdvisor. Small town hospitality run for many years, cozy, peaceful and relaxing. Easy ride up the mountain to Schweitzer Ski Resort. Many opportunities here.
Details
Documents
Contract Information
Status: Closed
Listing Type: Business, Bld & Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2021-10-25
List Price: $950,000
Sold Date: 2021-12-14
Under Contract Date: 2021-10-29
Non-Agent Compensation: 3
Non-Agent Compensation Type: %
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Financing: Cash
Short Sale: No
REO: No
General Property Description
Building Style: Single Level
Basement: Yes
Year Built: 1963
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 6436
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.32
Lot Type 1: Commercial
Business Type: Hospitality
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 22-57N-2W FARMINS ADDN BLK 19 LOTS 7 & 8 K-2 MOTEL
AIN/Tax Bill: 950300
Parcel Number: RPS0129019007AA
Zoning: Commercial A
Directions: In beautiful downtown Sandpoint Idaho. 501 N. 4th Ave.
Taxes: 4359
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: This is your chance to have a piece of historical Sandpoint charm. The K2 Inn is a landmark located in the heart of downtown; amongst shopping, dining, and a short walk to Lake Pend O'reille and the City Beach. 18 comfortable units with modern amenities, kitchenettes, commercial washer and dryer, off street parking, and spacious Innkeeper quarters convenient to the front lobby; all with great location. Boutique feel, very well maintained and highly rated on Yelp and TripAdvisor. Small town hospitality run for many years, cozy, peaceful and relaxing. Easy ride up the mountain to Schweitzer Ski Resort. Many opportunities here.
Address
Street Number: 501
Street Direction Pfx: N
Street Name: 4th
Street Suffix: Ave.
State/Province: ID
Postal Code: 83864
County: Bonner
Property Subject To
CC&Rs: Yes
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: Selkirk Fire
Miscellaneous
Sec: 22
Twn: 57N
Rng: 2
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Years in Business: 40+ years
Confidential from Employees?: Yes
Owner Qtrs
#Baths: 1
#Bdrms: 1
Property Features
View: Neighborhood
Lot Features: Alley Access; Corner Lot; Level
Interior Features: Cable Internet Available; Cable TV; High Speed Internet; Phone Prewired; Wall Unit(s)
Exterior Features: Curbs; Sidewalks
Common Walls: No Common Walls
Owner Qtrs: Owner Qtrs
Fuel: Electric
Heating: Cadet
Bsmt: Part Size
Basement: Unfinished
Construction: Block; Frame
Foundation: Concrete
Exterior: Steel; Wood
Roof: Aluminum; Rolled Rubber
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Showing Instructions: ShowingTime Online
Aerial 
Listing Office: Realty Plus, INC
Last Updated: December - 14 - 2021
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Wednesday 1st of May 2024 07:21 AM