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    114 N Coeur d Alene Ave Harrison, ID 83833

    View on Map
    For Sale
    $1,500,000

    COMMERCIAL - Harrison, ID

    Property size:
    3,128 SF
    Lot size:
    0.27 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    110
    Last Refresh:
    Apr 1 at 10:06 pm

    Property Features for 114 N Coeur d Alene Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R8
    Rooms
    Basement
    Interior features
    DSL Available, Handicap Facility, High Speed Internet, Smart Thermostat, Handicap Restrooms, Tile/Stone Flooring
    Exterior features
    Lighting, Handicap Access, Lawn, Sprinkler System
    Fireplace
    1
    Basement
    Unfinished, Walk-Out Access
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    Y1900001002A
    Size
    3,128 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    CRANES PARK ADD TO HARRISON, LTS 2, 3 BLK 1 EX RW 0147N04W
    TaxAnnualAmount
    3705

    Utilities

    Heating system
    Heat Pump (Heating), Other (Heating), Forced Air, Fireplace(s), Electric (Heating), Pellet Stove
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1918
    Flooring type
    Hardwood
    Building materials
    Cedar, Fiber Cement, Frame
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Ricky Souza

    Listing agent Ricky Souza License #SP45262

    Listing office Z Jones and Associates Coeur d'Alene, ID

    Listing date Dec 12, 2025

    MLS# 25-11501

    Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Home Overlooking Lake Coeur

    This 5-bed, 6-bath home offers over 3,000 sqft of refreshed living space and overlooks Lake Coeur d'Alene. Known as the iconic Corskie House, it is situated in the heart of Harrison, steps from the trail of the Coeur D'Alenes. The property is suitable for a guest house style operation or a multi-generational setup, providing multiple living options. In addition to the main home, there is a fully furnished apartment, an almost completed loft apartment, and an unfinished studio cabin. Amenities include a 2-car garage with workshop, a pool room and guest mini bar, and level grounds. The property is close to the trail, beach, and marina docks. The lot size is 0.27 acres. The property is zoned R8 and is located in Kootenai County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Spa & Massage Center Law Firm Hair Salon Nail Salon Department Store Food Market Storage Facility Bar & Pub Cafe & Coffee Shop Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Osprey Inn B & B — 134 N, 134 Frederick Ave, Harrison, ID 83833
    • The Corskie House - open for business — 114 N Coeur d'Alene Ave, Harrison, ID 83833
    • Greybull Lodge — 1890 E Flying Eagle Rd, Harrison, ID 83833
    • The Harrison Hideaway — 251 Garfield Ave, Harrison, ID 83833

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.785414
    Latitude
    47.455592

    Nearby Similar for Sale

    • $2,300,000
      8,000 SF

      Lakeview Lodge Hotel in Harrison

      Lakeside hotel with 16 rooms in Harrison, Idaho.
      110 N Coeur d'Alene Avenue, Harrison, ID 83833
      View Details
    • $1,500,000
      3,128 SF

      Historic Home Overlooking Lake Coeur d'Alene

      Versatile 7-bed, 7-bath home with lake views and rental potential.
      114 N COEUR D ALENE Ave, Harrison, ID 83833
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Versatile 5-bed, 6-bath home with stunning lake views.
    Where is this bed & breakfast located?
    The property is located at 114 N Coeur d Alene Ave Harrison, ID.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Stunning Lake Coeur d'Alene views and proximity to the trail, beach, and marina docks.; Versatile property with main house, fully furnished apartment, almost completed loft apartment, and unfinished studio cabin, ideal for multi‑generational living or rental income.; Over 3,000 sqft of refreshed living space in the iconic Corskie House.
    (208) 819-5283
    We can help!
    Listing Contact
    Ricky Souza
    Real Estate License ID: SP45262
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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