Turnkey Bar & Grill
611 E Seltice Way Post Falls, ID 83854
611 E Seltice Way, Post Falls, ID, 83854
$1,695,000
For Sale
$1,695,000
COMMERCIAL - Post Falls, ID
Property Size6,751 SF
Lot Size1.09 Acres
Price / SF$251.07
Days on Market81
Property Features for 611 E Seltice Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PF-CCS
- Security features
- Security System
- Interior features
- Storage, Cable Internet Available, High Speed Internet, Satellite, Handicap Restrooms
- Exterior features
- Lighting, Handicap Access
- Basement
- None, Crawl Space
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- P5700003001A
- Size
- 6,751 SF
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Moeller Add To Pf, Lts 1, 2, 3, 7, 8, Ptn Vac Alley Block 3, Ptn Vac Rws & Vac Alley Pf Downtown Urd 2022 0350N05w
- Tax Annual Amount
- 6923
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1960
- Building materials
- Wood Siding, Aluminum Siding, Stone, Frame
- Roof type
- Composition, Aluminum
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Windermere/Coeur d'Alene Realty Inc
(208) 664-9221
1000 Northwest Blvd, Coeur d' Alene, ID
Listed by
Josh Suhr · License #SP31054
(208) 691-0390
Added: Apr 28 Checked: Jul 17 at 5:06 am
MLS# 26-4083
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.
A turnkey bar and grill offered for sale on a high-visibility corner lot. The property totals 6,751 square feet and is divided into two revenue-generating spaces: a 2,382 SF full-service restaurant and a 4,369 SF bar. The site includes ample parking and provides distinct areas for dining and bar operations.
Located along Seltice Way in Post Falls, the offering benefits from its placement on one of the area’s most traveled commercial corridors, with an average traffic count of 17,000 daily (per the provided remarks). The property is zoned PF-CCS.
With two separate spaces under one ownership, the building layout supports maintaining the current operating setup or adjusting use between the restaurant and bar portions, subject to applicable requirements.
Located along Seltice Way in Post Falls, the offering benefits from its placement on one of the area’s most traveled commercial corridors, with an average traffic count of 17,000 daily (per the provided remarks). The property is zoned PF-CCS.
With two separate spaces under one ownership, the building layout supports maintaining the current operating setup or adjusting use between the restaurant and bar portions, subject to applicable requirements.
Key Highlights
- Bar and grill on a high‑visibility corner lot along Seltice Way in Post Falls with average traffic of 17,000 vehicles daily
- Approximately 1‑acre property with 6,751 total SF across two revenue‑generating spaces: 2,382 SF restaurant and 4,369 SF bar
- Well‑established full‑service restaurant plus separate bar space within the same building for flexible operations
Local Financial Insights For Specialty Retail
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 | $107.7k | $15.96 |
| − Vacancy | −$4.1k | −$0.61 |
| EGI | $103.7k | $15.35 |
| − OpEx | −$25.9k | −$3.84 |
| NOI | $77.7k | $11.52 |
6,751 SF · lease $15.96/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$971.7K – $1.30M
NOI $77,739 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,513 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Falls Club
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey bar and grill on a high-visibility corner lot with two revenue spaces totaling 6,751 SF.
Where is this conventional restaurant located?
The property is located at 611 E Seltice Way Post Falls, ID.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Bar and grill on a high‑visibility corner lot along Seltice Way in Post Falls with average traffic of 17,000 vehicles daily; Approximately 1‑acre property with 6,751 total SF across two revenue‑generating spaces: 2,382 SF restaurant and 4,369 SF bar; Well‑established full‑service restaurant plus separate bar space within the same building for flexible operations
