$2,500,000
Post Falls, ID 83854
MLS# 22-9718
Status: Closed
29912 sqft
1 / 18
Property Description
Northwood Plaza is a mixed use property with 3 separate buildings. The main building has many small, affordable offices. 2 restroom areas and a small kitchen area up front. The larger areas in the main building are leased to a cabinet manufacturer & an R/V sales & a service business. The 2nd building is a 40'x60' building leased to a mechanic. The 3rd building is a dry Quonset style 20'x30' office leased to a wellness business. A towing company has a office & storage yard as well. Most tenants are long term (10+ yrs) and managed by a professional, friendly, in-house office. Very easy access and good exposure from Seltice Way to this large, level 7.5 level acre parcel. Main building has new 30 year warrantied polyurethane roof as of May 2022. Main building is sprinklered. All units have various forms of air conditioning.
Details
Documents
Contract Information
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 151
Begin Date: 2022-09-26
List Price: $2,500,000
Sold Date: 2022-11-30
Under Contract Date: 2022-10-12
Non-Agent Compensation: 2.5
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Financing: Unknown
Short Sale: No
REO: No
General Property Description
Building Style: Warehouse
Basement: No
Year Built: 1976
Remodeled: Yes
Year of Remodel: 1980
New Construction: No
Total #/Bldgs: 3
Total SqFt.: 29912
SqFt. 1: 27512
SqFt. 2: 2000
Bldg #2 Sq Ft: 2400
ESTIMATED SqFt Source: Assessor
Lot Size: 683x403x629x639
Lot Acres: 7.51
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 3 parcels in Thompson Addn. See ''Exhibit A'' in documents
AIN/Tax Bill: 116610, 203758, 2095
Parcel Number: P885000C001A & 001B & 002A
Zoning: Commercial
Directions: Seltice Way to traffic light at Cedar St, turn south toward river. It's 2nd parcel on right, SW corner of Cedar St and Maplewood Ave, Post Falls. (Northwood Plaza)
Taxes: 10728
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Subdivision: Thompson
Remarks
Public Remarks: Northwood Plaza is a mixed use property with 3 separate buildings. The main building has many small, affordable offices. 2 restroom areas and a small kitchen area up front. The larger areas in the main building are leased to a cabinet manufacturer & an R/V sales & a service business. The 2nd building is a 40'x60' building leased to a mechanic. The 3rd building is a dry Quonset style 20'x30' office leased to a wellness business. A towing company has a office & storage yard as well. Most tenants are long term (10+ yrs) and managed by a professional, friendly, in-house office. Very easy access and good exposure from Seltice Way to this large, level 7.5 level acre parcel. Main building has new 30 year warrantied polyurethane roof as of May 2022.
Main building is sprinklered. All units have various forms of air conditioning.
Address
Street Number: 55
Street Direction Pfx: N
Street Name: Cedar
Street Suffix: St
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: KOOTENAI Fire&Rescue
Miscellaneous
Sec: 6
Twn: 50
Rng: 4
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: Yes
Property Features
Business Info: Non-Disclosure Agreement
View: Neighborhood; Territorial
Lot Features: Corner Lot; Level; Open
Interior Features: 3 Phase Power; Central Vacuum; Fire Sprinklers; High Speed Internet; See Remarks
Exterior Features: Fencing - Partial; Lighting; See Remarks
Common Walls: No Common Walls
Fuel: Electric; Gas
Heating: Furnace
Basement: None-Slab on Grade
Construction: Frame; Pole; Post & Beam
Foundation: Concrete
Exterior: Aluminum; Concrete
Roof: Wood Shingle
Road: Paved; Public Maintained Road
Sewer: Septic System
Terms Considered: 1031 Exchange; Cash; Conventional
Exhibit A 
Listing Office: Kelly Right Real Estate
Last Updated: December - 05 - 2022
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Monday 29th of April 2024 04:47 PM