$10,000,000
Post Falls, ID 83854
MLS# 25-9885
3930 sqft
1 / 24
Property Description
Rare Waterfront Business and Development Opportunity! For the first time on the market-- nearly 11 acres, composed of three separate Spokane Riverfront parcels. Located under 6 miles downriver from the mouth of Lake Coeur d'Alene. The property is currently home to Lake City Marine, a fully operational boat repair facility with multiple docks and buildings. This site boasts some of the deepest water on the river side, making it a site capable of launching and hauling large vessels and luxury yachts on the Spokane River. The marine railway has been successfully utilized since the 1950's. Immediate income potential for your marine operation. Prime development possibilities through city annexation, with the potential for mulitple buildable lots. The three parcels are zoned residential, however, one is taxed and utilized as commercial. This location is historically noted as the original construction and launch site of the Mish-an-nock tour boat in 1968.
Details
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 151
Begin Date: 2025-10-01
List Price: $10,000,000
General Property Description
Building Style: Warehouse
Basement: No
Year Built: 1970
New Construction: No
Total #/Bldgs: 4
Total SqFt.: 3930
ESTIMATED SqFt Source: Assessor
Lot Acres: 10.85
Lot Type 1: Waterfront
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: TAX #10038 EX TAX #8399 12 50N 05W, TAX #5672 125N05W, TAX #4563 EX TAX # & EX E 120 FT 1250N05W
AIN/Tax Bill: 117871 127512 112119
Parcel Number: 50N05W123385, 50N05W123410, 50N05W123300
Zoning: Res
Directions: S on Greensferry Rd to Marine Drive. L on Marine to the shop.
Taxes: 21555
Tax Year: 2024
Taxes Reflect 1: Timber Exemption
Remarks
Public Remarks: Rare Waterfront Business and Development Opportunity! For the first time on the market-- nearly 11 acres, composed of three separate Spokane Riverfront parcels. Located under 6 miles downriver from the mouth of Lake Coeur d'Alene. The property is currently home to Lake City Marine, a fully operational boat repair facility with multiple docks and buildings. This site boasts some of the deepest water on the river side, making it a site capable of launching and hauling large vessels and luxury yachts on the Spokane River. The marine railway has been successfully utilized since the 1950's. Immediate income potential for your marine operation. Prime development possibilities through city annexation, with the potential for mulitple buildable lots. The three parcels are zoned residential, however, one is taxed and utilized as commercial. This location is historically noted as the original construction and launch site of the Mish-an-nock tour boat in 1968.
Address
Street Number: 5729
Street Direction Pfx: E
Street Name: MARINE
Street Suffix: DR
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Yes
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 32
Twn: 50N
Rng: 5
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
Showing Instructions
Showing Service Name: ShowingTime
Property Features
View: Mountain(s); River
Lot Features: Irregular Lot; Level; Open Lot; Sloped; Wooded
Fencing: Partial
Common Walls: No Common Walls
Fuel: Electric
Heating: Baseboard
Basement: None
Construction: Pole
Foundation: Slab
Exterior: Aluminum Siding
Roof: Comp Shingle
Road: Private Maintained Road
Water: Private Well
Sewer: Septic Tank
Terms Considered: 1031 Exchange; Cash; Conventional
Showing Instructions: ShowingTime Online
Supplements
Two small rental homes and one rented space are currently contributing to the property's monthly revenue.
Listing Office: EXP Realty
Last Updated: November - 05 - 2025
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