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    Spirit Lake, ID
    Conventional Restaurant

    Spirit Lake, ID Conventional Restaurants for Sale

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    Rathdrum, ID Athol, ID Twin Lakes, ID Blanchard, ID Priest River, ID Hayden, ID Newport, WA Elk, WA
    Two-Story Mixed Retail Restaurant Building
    Updated: Jun 9
    Two-Story Mixed Retail Restaurant Building

    6249 W Maine St, Spirit Lake, ID 83869

    $1,550,000
    8,000 sqft 0.16 AC lot
    Historic two‑story commercial building built in 1907 in downtown Spirit Lake
    Fully renovated in recent years with HVAC, plumbing, electrical, and mechanical upgrades
    Street‑level restaurant space includes commercial kitchen; adjacent suite offers bar/retail space
    Second floor features office and retail suites plus a full remodeled kitchen and 3 bathrooms
    Central air cooling; forced air with natural gas and electric (heating) heat sources
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    This listing looks promising.

    Here's a quick look at some key insights for

    6249 W Maine St, Spirit Lake, ID 83869

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $75K
      Nov 2021

    • Property Type

      Retail Stores
      Built 1907
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    Turn-Key Restaurant with Apartment
    Updated: Jan 8
    Turn-Key Restaurant with Apartment

    6242 W Maine St, Spirit Lake, ID 83869

    $415,000
    2,852 sqft 0.08 AC lot
    Building, land & business assets with a 2‑bed apartment in back and a 1‑car garage
    Newly remodeled commercial setup with a pizza conveyor oven, new hood, new table tops, new bars, new flooring, paint, and fixtures
    Beer and wine license included; permits are in place and the business is open seasonally
    Fire suppression system and grease trap included as part of the food‑service build‑out
    Central air cooling plus mini‑split A/C; heating includes electric forced air and propane
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    Two-Story Mixed-Use Restaurant Building
    Two-Story Mixed-Use Restaurant Building

    6249 W Maine st, Spirit Lake, ID 83869

    $1,550,000
    8,000 sqft

    Fully renovated building combines street-level restaurant space with bar/retail and second-floor office suites.

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    Turn-Key Restaurant with Apartment
    Turn-Key Restaurant with Apartment

    6242 W Maine ST, Spirit Lake, ID 83869

    $415,000
    2,852 sqft

    Newly remodeled restaurant includes a pizza conveyor oven and beer/wine license, plus an attached 2-bedroom apartment.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Spirit Lake, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Food Truck Pavilion with Leased Stalls
    Food Truck Pavilion with Leased Stalls

    30440 N Old Highway 95, Athol, ID 83801

    $699,000
    0.42 AC lot

    Food truck pavilion on a hard corner site with five of six stalls under annual leases and individually metered electric.

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    Food Truck Pavilion with Leased Tenants
    Food Truck Pavilion with Leased Tenants

    30440 N Old Highway 95, Athol, ID 83801

    $724,000

    Purpose-built pavilion supports multiple food truck operators with utilities, parking, and annual leases in place.

    View details
    Landmark Restaurant and Retail Building
    Landmark Restaurant and Retail Building

    358 Montgomery Street, Priest River, ID 83856

    $419,000

    Versatile former feed mill currently operating as a convenience store, bar, and restaurant.

    View details
    Turn-Key Restaurant and Market
    Turn-Key Restaurant and Market

    4156 Vay Rd, Priest River, ID 83856

    Contact for pricing

    Turn-key restaurant and market offering a walk-in freezer, walk-in fridge, and included equipment and inventory.

    View details

    Spirit Lake, ID Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Spirit Lake, ID, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 21,704 square feet of properties for sale, with an estimated market value of $3,930,000.

    Sale prices for conventional restaurants in Spirit Lake, ID start at $415,000, averaging $982,500, and reaching up to $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Bars & Pubs 2

    Demographics Overview

    Population 5,278
    Population Growth (5Y) +5.4%
    Median Household Income $64,625
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

    Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    83869 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.43%
    Property Tax per SF $5.14 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kootenai County

    New Delisted

    Total CRE Inventory on Market (SF)

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