950 W Ironwood Dr, Units 1, 3, 4, 5, Coeur d'Alene, ID 83814

$975,000

950 W Ironwood Dr, Units 1, 3, 4, 5
Coeur d'Alene, ID 83814
MLS# 20-5974
Status: Closed
5811 sqft

1 / 12

Property Description
Sale/Leaseback of 4 Medical Office condos in the heart of the Kootenai Medical Health District. Total building has 6 Units, 2 other units owned by two different owners not included in this sale. Seller is offering Units 1,3,4,5 plus 68.91% of Common Space. Seller will lease back all 4 units for 5 years with a starting base rate of $7,200 per month, NNN. 8+% cap. Seller will consider carrying finance with half down.

Details

Contract Information

Status: Closed

Listing Type: Commercial Condo

Area: 01 - Cd'A Urban/Dalton

Neighborhood Grid #: 108

Begin Date: 2020-06-25

List Price: $975,000

Sold Date: 2021-01-19

Under Contract Date: 2020-11-24

Non-Agent Compensation Type: %

Buyer Agency Compensation: 3

Buyer Agency Compensation Type: %

Financing: Unknown

General Property Description

Building Style: Office Building

Basement: No

Year Built: 1985

New Construction: No

Total #/Bldgs: 4

Total SqFt.: 5811

ESTIMATED SqFt Source: Assessor

Lot Acres: 0.8

Lot Type 1: Office

Business Type: See Remarks

Realtor.COM Type: Commercial

Legal and Taxes

Legal: SKYVIEW MEDICAL PARK UNIT 1, 16.66%, UNIT 3, 18.65%, UNIT 4, 18.65%, UNIT 5, 14.95%, OF LT 2 CLUB COURT 1150N04W

AIN/Tax Bill: 1164419

Parcel Number: C83000000010

Zoning: C17L

Directions: S Highway 95, West (right) Ironwood drive, Property on left

Taxes: 6485

Tax Year: 2018

Taxes Reflect 1: No Exemptions

Remarks

Public Remarks: Sale/Leaseback of 4 Medical Office condos in the heart of the Kootenai Medical Health District. Total building has 6 Units, 2 other units owned by two different owners not included in this sale. Seller is offering Units 1,3,4,5 plus 68.91% of Common Space. Seller will lease back all 4 units for 5 years with a starting base rate of $7,200 per month, NNN. 8+% cap. Seller will consider carrying finance with half down.

Address

Street Number: 950

Street Direction Pfx: W

Street Name: Ironwood

Street Suffix: Dr

Street Addl Info: Units 1, 3, 4, 5

State/Province: ID

Postal Code: 83814

County: Kootenai

Property Subject To

CC&Rs: No

BID: No

Non-Mtg Lien: No

LID: No

Flood Zone: No

Aircraft Flight Zone: No

Fire Protection Dist: No

Miscellaneous

Sec: 11

Rng: 4

Rng Dir: WBM

Business Info

Inventory List Available?: No

Inventory Included in Sale Price?: No

Equipment Included in Sale Price?: None

Years in Business: 32

Confidential from Employees?: No

Architectural Style

Description: Contemporary

Property Features

Lot Features: Irregular; Open

Interior Features: Cable TV; Extra Storage; Fire Sprinklers; Handicap Facility; Handicap Restrooms; Phone Prewired; Tile/Stone Flooring

Exterior Features: Curbs; Lighting; Paved Parking; Sidewalks

Fuel: Electric

Heating: Forced Air

Basement: None

Foundation: Concrete

Exterior: Concrete; Vinyl; Wood

Road: Paved

Sewer: City Sewer

Terms Considered: Cash; Conventional; Seller Financing

Listing Office: Windermere/Coeur d'Alene Realty Inc

Last Updated: January - 22 - 2021

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Monday 6th of May 2024 12:06 PM

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950 W Ironwood Dr, Units 1, 3, 4, 5, Coeur d’Alene, ID 83814 (MLS# 20-5974)