$1,300,000
Wallace, ID 83873
MLS# 25-6437
Status: Closed
9200 sqft

1 / 42
Property Description
Positioned in the heart of Wallace's vibrant historic district, this iconic two-story retail building spans ±9,200 SF. Originally constructed in 1893, this property offers a rich architectural character true to its era. Zoned Commercial and situated on a ±0.12-acre lot with high visibility and walkability to all of the charming small businesses and local attractions that Wallace has to offer. Upstairs you'll find a newly renovated 1,500 SF apartment as well as the beautiful 2,700 SF Owners Suite with 3 bedrooms, 2 bathrooms, and an amazing outdoor terrace/patio space to enjoy year-round.
Details
Contract Information
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2025-06-20
List Price: $1,300,000
Sold Date: 2025-12-30
Under Contract Date: 2025-10-23
Financing: Seller Financing
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: Yes
Year Built: 1893
Remodeled: Yes
Year of Remodel: 199697
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 9200
SqFt. 1: 5000
SqFt. 2: 4200
ESTIMATED SqFt Source: Owner
Lot Size: 5,009
Lot Acres: 0.12
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: Lots 8 and 10, Block 21, Wallace Townsite, Shoshone County, State of Idaho
AIN/Tax Bill: 1943
Parcel Number: RP B0050021008A A
Zoning: WA-Wallace
Directions: From CDA, I-90 East to Wallace Exit 61. R at bottom of Exit, and then L on Harry F. Magnuson Way and follow into town. L on Bank Street and follow 1 1/2 blocks to the 1313 Club on the Right.
Taxes: 5805.58
Tax Year: 2024
Taxes Reflect 1: Home Owner's Exemption
Subdivision: Wallace Townsite
Remarks
Public Remarks: Positioned in the heart of Wallace's vibrant historic district, this iconic two-story retail building spans ±9,200 SF. Originally constructed in 1893, this property offers a rich architectural character true to its era. Zoned Commercial and situated on a ±0.12-acre lot with high visibility and walkability to all of the charming small businesses and local attractions that Wallace has to offer. Upstairs you'll find a newly renovated 1,500 SF apartment as well as the beautiful 2,700 SF Owners Suite with 3 bedrooms, 2 bathrooms, and an amazing outdoor terrace/patio space to enjoy year-round.
Address
Street Number: 608
Street Name: Bank
Street Suffix: St
State/Province: ID
Postal Code: 83873
County: Shoshone
Miscellaneous
Sec: 34
Twn: 48N
Rng: 4E
Rng Dir: EBM
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
Fire Protection Name: East Shoshone Dist 1
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: N/A
Approx SqFt of Leased Space: 9200
Monthly Lease Amount: 6500
Owner Qtrs
#Baths: 2
#Bdrms: 3
SqFt: 2700
SqFtSource: Owner
YrBuilt: 1997
Architectural Style
Description: Multi-Level Brick
Property Features
View: Mountain(s); Territorial
Lot Features: Level
Interior Features: 3 Phase Power; Cable TV; Central Air; Handicap Facility; Handicap Restrooms; Hardwood Floors; High Speed Internet; Phone Prewired; Satellite; Security System; Storage; Tile/Stone Flooring
Exterior Features: Curbs; Handicap Access; Lighting; Paved Parking; Sidewalks
Common Walls: 2+ Common Walls
Owner Qtrs: Owner Qtrs
Fuel: Electric; Natural Gas
Heating: Forced Air; Furnace
Bsmt: Part Size
Basement: Unfinished
Construction: Brick; Frame
Foundation: Concrete
Exterior: Brick; Cement Block; Steel Siding; Wood Siding
Roof: Metal; Rolled Rubber
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing Available
Listing Office: Silvercreek Realty Group, LLC
Last Updated: January - 02 - 2026
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