Renovated Office Condominium Suite with
For Sale
$550,000
Pending
301 N 1st St, Coeur d Alene, ID 83814
COMMERCIAL - Coeur d'Alene, ID
Property Size1,859 SF
Lot Size0.03 Acres
Days on Market128
Property Features for 301 N 1st St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C01
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Lot features
Level
View
Lake, Territorial
Directions
NW Blvd S from I-90 to 1st. Property on the Left.
Subdivision
01 - Cd'A Urban/Dalton
Standard status
Pending
APN
C1820002211A
Size
1,859 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Coeur D Alene North Condos, Unit 211 & Undiv Int In Carea Ex Rw 1450N04w
Tax Annual Amount
2137
Legal Description
Coeur D Alene North Condos, Unit 211 & Undiv Int In Carea Ex Rw 1450N04w
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Water source
Public
Amenities
executive conference room
fitness center with showers
pool and sauna
library lounge
pickleball court
24/7 key fob building access
Building Details
Year built
1984
Building materials
Concrete, Steel Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
NAI Black
(509) 623-1000
Listed By:
Devin Mecham · License #SP48179
(509) 724-9555
Added: Apr 1
Changed: Aug 5
Last Checked: Aug 6 at 8:06AM
MLS# 26-2874
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.
Investment Insights
Based on property information with market context.
Renovated Office Condominium Suite 211 offers approximately 1,859 square feet of professional workspace in a full-service building. The suite includes four private offices plus a dedicated server room, storage room, and kitchenette. A private balcony with views of the lake, an exclusive in-suite bathroom, and dual access doors add day-to-day convenience. Suite access is supported by 24/7 key fob building entry.
Suite 211 also includes three assigned parking stalls. The space was fully renovated within the past three years, and furniture, fixtures, and equipment are available under a separate agreement. The building is constructed with concrete and a steel frame and features forced-air electric heating and a metal roof. Public water and public sewer services are provided.
Building amenities include an executive conference room, fitness center with showers, pool and sauna, library lounge, and a pickleball court. HOA dues apply for common building services and amenities.
Suite 211 also includes three assigned parking stalls. The space was fully renovated within the past three years, and furniture, fixtures, and equipment are available under a separate agreement. The building is constructed with concrete and a steel frame and features forced-air electric heating and a metal roof. Public water and public sewer services are provided.
Building amenities include an executive conference room, fitness center with showers, pool and sauna, library lounge, and a pickleball court. HOA dues apply for common building services and amenities.
Key Highlights
- Suite 211 with approximately 1,859 SF of renovated professional workspace
- Four private offices plus dedicated server room, storage room, and kitchenette
- Private balcony with lake views and exclusive in‑suite bathroom
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 | $32.3k | $17.40 |
| − Vacancy | −$5.5k | −$2.96 |
| EGI | $26.8k | $14.44 |
| − OpEx | −$6.7k | −$3.61 |
| NOI | $20.1k | $10.83 |
1,859 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$287.7K
$251.7K – $335.6K
NOI $20,136 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$403.3K
$352.9K – $470.5K
NOI $28,229 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated office condo in a full-service building with a private balcony, dual access doors, and 24/7 key fob entry.
Where is this office units located?
The property is located at 301 N 1st St Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Suite 211 with approximately 1,859 SF of renovated professional workspace; Four private offices plus dedicated server room, storage room, and kitchenette; Private balcony with lake views and exclusive in‑suite bathroom
