Search
Historic Two-Building Storefront Property
For Sale
$685,000

524 Bank St, Wallace, ID 83873

Commercial Sale, Multi Level, Wallace, ID

Property Size19,350 SF
Lot Size0.35 Acres
Price / SF$35.40
Days on Market129

Property Features for 524 Bank St

General Information

Property type Commercial Sale
Property subtype Other
Zoning WA-Wallace
Rooms Basement
Interior features Elevator, Tile/Stone Flooring
Exterior features Lighting, Handicap Access
Basement Unfinished
Accessibility Accessible Elevator Installed, Accessible Approach with Ramp
Subdivision Wallace Townsite
Lot features Corner Lot, Level, Alley Access
View City
Directions I90 E to Exit 62, R on Harry Magnuson Way, L on Sixth. Buildings on corner of Sixth and Bank St.
Standard status Active
APN RPB0050020022AA
Size 19,350 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See Exhibit A
Tax Annual Amount 10047
Legal Description See Exhibit A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1890
Flooring type Hardwood
Building materials Brick, Concrete, Frame, Steel Frame
Roof type Rubber
Architectural style Other
Listing Agency: The Real Estate Shop North Idaho
Listed By: Rob Crump · License #SP49443
Added: May 4 Changed: Sep 8 Last Checked: Sep 9 at 2:06AM
MLS# 26-4380

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.

This offering includes two adjoining storefront buildings totaling 19,350 square feet on a 0.35-acre parcel at 524 Bank St in Wallace, Idaho. Built in 1890 and 1891, the properties are fully gutted and conveyed as-is, creating a substantial rehabilitation project. The White & Bender Building includes original terrazzo flooring, a pressed-metal turret, and beveled-glass transoms, while the Aulbach Building includes former print-shop and warehouse space. An elevator, accessible ramp approach, public water, and public sewer serve the property.

The buildings occupy the corner of Sixth and Bank within Wallace's National Register Historic District. The Aulbach Building includes dedicated rear parking. Wallace city code allows residential uses in the downtown core, and properties in the historic district may qualify for the federal Historic Preservation Tax Credit. Zoning is WA-Wallace; buyers should independently evaluate condition, zoning, and intended use.

Key Highlights

  • Two adjoining buildings with 19,350 square feet of combined space
  • 0.35‑acre corner parcel at Sixth and Bank in Wallace
  • Located within Wallace's National Register Historic District

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Auto Repair Shop Electrical Service Bakery Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Wallace Ace Hardware Home Improvements & Furnishings
1,815 visits/mo 0.2 miles

Demographics for 83873, ID

1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two adjoining brick, frame, and steel-frame buildings offer a rehabilitation opportunity with elevator access and dedicated rear parking.
Where is this storefront property located?
The property is located at 524 Bank St Wallace, ID.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Two adjoining buildings with 19,350 square feet of combined space; 0.35‑acre corner parcel at Sixth and Bank in Wallace; Located within Wallace's National Register Historic District
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message