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    600 Cedar St Wallace, ID 83873

    New
    For Sale
    $4,900,000

    COMMERCIAL - Wallace, ID

    Property size:
    22,924 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 600 Cedar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Mixed Use
    Rooms
    Basement
    APN
    B0050022002A
    Interior features
    Storage, Cable Internet Available, DSL Available, High Speed Internet, Satellite, 3 Phase Power, Moveable Walls, Phone Prewired, Tile/Stone Flooring
    Exterior features
    Lighting, Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Size
    22,924 SF
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1933
    Flooring type
    Hardwood
    Building materials
    Wood Siding, Steel Siding, Brick, Block, Concrete, Frame
    Roof type
    Rubber
    Additional Structures
    Storage

    Kelly Right Real Estate (509) 489-7000 [email protected]

    Listing agent Keith Boe (208) 714-0101 License #SP44091

    Listing date Dec 6, 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

    Wallace Mixed-Use Commercial Opportunity

    The Blackboard Marketplace & Business Center is available for purchase, including the building and land. The property features five separate operating businesses: a restaurant, a coffee shop/deli and bakery, a bookstore, a clothing company, and commercial condos. Additional street-level retail space is available, along with undeveloped top floor suites suitable for a boutique hotel, ski/tourist resort condos with HOA fees, or apartments featuring a separate outside entrance. The property encompasses over 23,000 square feet and is located in Wallace, Idaho. Its mixed-use zoning allows for a variety of business operations. The location is between Silver Mountain and Lookout Pass ski resorts, in a community known for frequent festivals and fairs. The award-winning restaurant on the premises has been featured in Sunset Magazine, Good Morning America, FoxNews, and The New York Times, and has received multiple 'Best in Idaho' awards, recognition as 'Best in the U.S.,' and a high ranking by TripAdvisor. The lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blackboard Cafe Italian Restaurant Todd's Bookstore & Coffee Restaurant Golden Eagle Mining ... Mining Company Wallace, Idaho Festival Patriot National Committee Association Or Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallace
    County
    Shoshone
    State
    Idaho
    Longitude
    -115.923766
    Latitude
    47.472284

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    FAQs

    What type of property is this?
    Restaurant - Five businesses, building, and land for sale in Wallace, ID.
    Where is this restaurant located?
    The property is located at 600 Cedar St Wallace, ID.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Five established businesses included, offering immediate income.; - Prime location between Silver Mountain and Lookout Pass ski resorts, attracting tourists.; - Award-winning restaurant with national recognition, including Sunset Magazine and The New York Times, and numerous 'Best in Idaho' awards.
    (208) 714-0101
    Request Owner's contact information
    600 Cedar St Wallace, ID 83873
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    Wallace, ID 83873
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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
    600 Cedar St Wallace, ID 83873
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