Post Falls Commercial
212 E Mullan Ave, Post Falls, ID 83854
COMMERCIAL - Post Falls, ID
Property size:
2,760 SFLot size:
0.21 AcresPrice / SF:
$193/SF- Added:
- Mar 12, 2026
- Days on Market:
- 80
- Last Refresh:
- May 30 at 1:06 pm
Property Features for 212 E Mullan Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Post Falls CCS
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Interior features
- Storage, Cable Internet Available, DSL Available
- Exterior features
- Lighting, Lawn, Sprinkler System
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Finished
- Standard status
- Active
- APN
- P1950002001A
- Size
- 2,760 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- East Fairview Add To Pf, Tax#24066 [In Lts 1, 2 Block 2] Pf Downtown Urd 2022 0350N05w
- Tax Annual Amount
- 1536
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Oil, Electric (Heating), Forced Air, Fireplace(s), Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1949
- Building materials
- Lap Siding, T1-11, Hardboard, Frame
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Kirbi Swanson License #DB22947 (208) 755-9799
Listing office Treaty Rock Realty 205 Seltice Way, Ste H, Post Falls, ID (208) 773-1745
Listing date Mar 12, 2026
MLS# 26-2209
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.
HighLights
- Zoned for Post Falls Community Commercial Services, suitable for business or residential use.
- Prime location in the heart of the Post Falls business center, just off Seltice Way.
- Ranch style home with basement on a nicely landscaped corner lot with circular drive, fencing, and alley access.
- Multiple heating systems: Central AC, forced air furnace, gas fireplace, and baseboard heating.
- Oversized one car garage and an oversized storage unit (parkable).
- Three bedrooms, 1.5 bathrooms, full kitchen, family room and living room on the main level.
Overview
This property, situated on a nicely landscaped corner lot with a circular drive, is zoned for Post Falls Community Commercial Services. The ranch-style home with a basement offers flexibility for either residential or commercial use. Located in the heart of the Post Falls business center, just off of Seltice Way, the property features alley access and fencing. The building spans 2,760 square feet and includes three bedrooms and one and a half bathrooms. The main level comprises a full kitchen, a family room, and a living room. Climate control is provided by central AC, a forced air furnace, a gas fireplace, and baseboard heating. Additional features include an oversized one-car garage and an oversized storage unit suitable for parking. The lot size is 0.21 acres. The property offers tons of storage areas inside and out. It can be used as a business building or as a home.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $17.40 |
| − Vacancy | −$8.2k | −$2.96 |
| EGI | $39.9k | $14.44 |
| − OpEx | −$10.0k | −$3.61 |
| NOI | $29.9k | $10.83 |
2,760 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$427.1K
$373.7K – $498.3K
NOI $29,895 @ 7.0% cap · market cap 5.59%
Second Best
Mixed Use
$412.5K
$361.0K – $481.3K
NOI $28,877 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$598.7K
$523.9K – $698.5K
NOI $41,910 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Post Falls
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.945303
- Latitude
- 47.71577
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Post Falls business center.
Where is this mixed-use property located?
The property is located at 212 E Mullan Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Zoned for Post Falls Community Commercial Services, suitable for business or residential use.; Prime location in the heart of the Post Falls business center, just off Seltice Way.; Ranch style home with basement on a nicely landscaped corner lot with circular drive, fencing, and alley access.
