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723 Pine St, Sandpoint, ID 83864 (MLS# 24-436)


$790,000
723 Pine St
Sandpoint, ID 83864
MLS# 24-436
2370 sqft


723 Pine St, Sandpoint, ID 83864
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Property Description
This property in Sandpoint, Idaho offers a unique investment opportunity with two commercial buildings. Unit A is a converted 1,350 square foot house that currently operates as a birthing center. It features two bedrooms, a spacious office, two full bathrooms, a laundry room, a living room, a foyer, and two solarium rooms. The unit has been updated with modern amenities while maintaining its classic design. Unit B is a 1,020 square foot fully finished commercial space that currently serves as a commercial kitchen. Both units are currently leased out, providing immediate returns on investment. The property also boasts a prime location in the heart of Sandpoint, with access to major roads and neighboring prominent businesses. Don't miss this rare opportunity to own a unique piece of Sandpoint.

Details
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2024-01-15
List Price: $790,000
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Short Sale: No
REO: No
General Property Description
Building Style: Office Building
Basement: No
Year Built: 1910
Remodeled: Yes
Year of Remodel: 2012
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 2370
ESTIMATED SqFt Source: Estimated
Lot Acres: 0.16
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: 22-57N-2W LAWS 3RD ADDN BLK C LOT 7 RENTAL OFFICE/CONVERTED RES PEND OREILLE MIDWIFERY
AIN/Tax Bill: RPS024500C0070A
Parcel Number: RPS024500C0070A
Zoning: Commercial C
Directions: On Pine Street neighboring State Farm
Taxes: 2164
Tax Year: 2023
Taxes Reflect 1: Estimate
Remarks
Public Remarks: This property in Sandpoint, Idaho offers a unique investment opportunity with two commercial buildings. Unit A is a converted 1,350 square foot house that currently operates as a birthing center. It features two bedrooms, a spacious office, two full bathrooms, a laundry room, a living room, a foyer, and two solarium rooms. The unit has been updated with modern amenities while maintaining its classic design. Unit B is a 1,020 square foot fully finished commercial space that currently serves as a commercial kitchen. Both units are currently leased out, providing immediate returns on investment. The property also boasts a prime location in the heart of Sandpoint, with access to major roads and neighboring prominent businesses. Don't miss this rare opportunity to own a unique piece of Sandpoint.
Address
Street Number: 723
Street Name: Pine
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: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Unknown
Miscellaneous
Sec: 22
Twn: 57N
Rng: 02
Rng Dir: WBM
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: 2370
Monthly Lease Amount: 2760
Property Features
View: None
Lot Features: Level
Interior Features: 3 Phase Power; Central Air; Extra Storage; Fire Sprinklers; High Speed Internet; Mini-Split A/C
Exterior Features: Fencing - Partial; Landscaping; Paved Parking
Common Walls: No Common Walls
Fuel: Electric; Gas
Heating: Forced Air; Heat Pump; Mini-Split
Other Structures: See Remarks
Basement: None-Crawl Space
Construction: Frame
Foundation: Block; Pier Block
Exterior: Wood
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing; SBA; Trade
Supplements
Welcome to a unique opportunity in Sandpoint, Idaho, a thriving city with a charm that captures the essence of both community and commerce. This property consists of two commercial buildings, each offering versatility and investment potential. Unit A is a meticulously converted 1,350 square foot house that currently operates as a birthing center. Its Victorian-inspired exterior exudes timeless character, attracting attention from passersby and creating a welcoming and professional atmosphere. Inside, it has been thoughtfully updated, seamlessly blending modern amenities with classic design. The unit features two bedrooms, a spacious office, two full bathrooms, a laundry room, a living room, a foyer, and two separate solarium rooms. This versatility makes it ideal for a range of businesses looking for a comfortable and functional space. Efficiency and comfort are key in Unit A, thanks to the brand new HVAC system that ensures a pleasant environment year-round. The LVP flooring provides durability and aesthetic appeal. Additionally, the Pendent Fire Sprinkler System adds an extra layer of commercial versatility and the recently replaced roof provides peace of mind for years to come. Outside, there is a wonderful courtyard and garden space where clients and customers can relax and enjoy the surroundings. The property also offers a large parking lot for convenience. Unit B is a 1,020 square foot fully finished commercial space that currently serves as a commercial kitchen for one of Sandpoint's prominent food vendors. It showcases the diverse opportunities this property presents. With split unit heating and air conditioning, the unit provides a comfortable working environment throughout the year. It is equipped with a full bathroom and two garage doors, offering flexibility and convenience. Built more recently than Unit A, and is accessible from the opposite side of the lot enhances the overall functionality of the property. Both units are currently leased out, providing an immediate return on investment for business owners or investors. The true gem of this property lies beyond the walls of these commercial spaces the outstanding location. Situated in the heart of Sandpoint, residents and visitors are drawn to the vibrant atmosphere of the area. Adjacent to State Farm and D.A. Davidson, this property sits at the crossroads of Pine Street, Boyer, and Highway 2, offering endless possibilities for growth.

Listing Office: Silvercreek Realty Group, LLC

Last Updated: January - 16 - 2024

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Sunday 19th of May 2024 10:39 AM