$899,000
Sandpoint, ID 83864
MLS# 22-622
Status: Closed
5711 sqft
1 / 49
Property Description
INVESTORS TAKE NOTE... FULLY LEASED, income producing commercial building w/3 units in prime downtown Sandpoint location w/on and off street parking! Units include (1) Storefront unit features 1,690SF w/open concept, high ceilings, tile floors, kitchenette & bathroom. (2) Rear unit is 2,807SF warehouse space w/office, kitchenette, bathroom & high clearance garage door. (3) Nicely renovated second floor apartment includes 1,214SF, 1bed/1ba, living room & kitchen w/subway tile backsplash. Centrally located within downtown shopping and business district & situated on 14,700 SF commercial lot. Clean phase 1 Environmental Study available. Lake Pend Oreille and Schweitzer Mtn. Ski Resort are the backdrop to this incredible offering in this charming resort community! Property is located in a federally designated Opportunity Zone and the Sandpoint Downtown Urban Renewal Area (URA).
Details
Documents
Contract Information
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2022-01-31
List Price: $899,000
Sold Date: 2022-02-23
Under Contract Date: 2022-02-07
Non-Agent Compensation Type: %
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Financing: Cash
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: No
Year Built: 1972
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 5711
SqFt. 1: 1690
SqFt. 2: 2807
SqFt. 3: 1214
ESTIMATED SqFt Source: Owner
Lot Size: 14,600
Lot Acres: 0.34
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 22-57N-2W, FARMINS 5TH ADDN TO SANDPOINT, BLK L, LOTS 10 AND 11 AND 1/2 ALLEY ADJ TO LOT 11
AIN/Tax Bill: 10734
Parcel Number: RPS013300L0110A+
Zoning: Commercial
Directions: Head South on N 5th Ave, take the first right onto Oak St, 506 Oak St will be on your right.
Taxes: 3844.15
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Subdivision: Farmins
Remarks
Public Remarks: INVESTORS TAKE NOTE... FULLY LEASED, income producing commercial building w/3 units in prime downtown Sandpoint location w/on and off street parking! Units include (1) Storefront unit features 1,690SF w/open concept, high ceilings, tile floors, kitchenette & bathroom. (2) Rear unit is 2,807SF warehouse space w/office, kitchenette, bathroom & high clearance garage door. (3) Nicely renovated second floor apartment includes 1,214SF, 1bed/1ba, living room & kitchen w/subway tile backsplash. Centrally located within downtown shopping and business district & situated on 14,700 SF commercial lot. Clean phase 1 Environmental Study available. Lake Pend Oreille and Schweitzer Mtn. Ski Resort are the backdrop to this incredible offering in this charming resort community! Property is located in a federally designated Opportunity Zone and the Sandpoint Downtown Urban Renewal Area (URA).
Address
Street Number: 506
Street Name: Oak
Street Suffix: St
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: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint City
Miscellaneous
Sec: 22
Twn: 57N
Rng: 2W
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
Property Features
View: Mountain(s)
Lot Features: Level; Open
Interior Features: Central Air; DSL Available; High Speed Internet; See Remarks
Exterior Features: Curbs; Landscaping; Sidewalks; See Remarks
Common Walls: No Common Walls
Fuel: Electric; Gas
Heating: Forced Air; Furnace; See Remarks
Other Structures: Garage(s); See Remarks
Basement: None-Slab on Grade; None
Construction: Frame
Foundation: Concrete; Slab
Exterior: Steel; Wood
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Property Info 
Listing Office: Century 21 Riverstone
Last Updated: February - 24 - 2022
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Thursday 16th of May 2024 02:06 PM