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    1201 E Sherman Ave Coeur d Alene, ID 83814

    For Sale
    $1,079,999

    SINGLE_FAMILY - Coeur d'Alene, ID

    Type:Retail
    Property size:
    4,000 SF
    Lot size:
    0.23 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1201 E Sherman Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C-17
    APN
    C5445016006A
    Basement
    None
    Size
    4,000 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Building materials
    Concrete
    Roof type
    Tar/Gravel

    Lakeshore Realty (208) 665-2443

    Listing agent Anne Anderson (208) 665-2443 License #DB14297

    Listing date Oct 7, 2025

    Copyright © 2025 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

    Retail Building Leased to State

    This retail building is fully leased to the State of Idaho. The building has a new exterior paint on two sides, while the other two sides feature a city-encouraged artist's mural. The property has a long-term tenant with a new 5-year lease and an option for an additional 5 years. The lot size is 0.23 acres. The property is located in Coeur d'Alene, Idaho, with a zoning designation of C-17. The building has 4,000 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Idaho State Liquor ... State Liquor Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.768871
    Latitude
    47.673595

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    FAQs

    What type of property is this?
    Retail space - Retail building fully leased to the State of Idaho.
    Where is this retail space located?
    The property is located at 1201 E Sherman Ave Coeur d Alene, ID.
    What is the asking price?
    The asking price for this property is $1,079,999.
    What are key features of this property?
    This property features: - Fully leased retail building with the State of Idaho as tenant; - New 5-year lease in place with a 5-year renewal option; - Concrete construction
    (208) 665-2443
    Request Owner's contact information
    1201 E Sherman Ave Coeur d Alene, ID 83814
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    Realmo Value Estimation

    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.

    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.

    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
    1201 E Sherman Ave Coeur d Alene, ID 83814
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