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706 E 3rd Ave, Post Falls, ID, 83854
Warehouse with Drive-Through Access

706 E 3rd Ave Post Falls, ID 83854

For Sale
$749,000
Pending

COMMERCIAL - Post Falls, ID

Property Size3,480 SF
Lot Size0.29 Acres
Days on Market200

Property Features for 706 E 3rd Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Post Falls-SC4-
Bathrooms
1
Rooms
Bathroom 1
Security features
Security System
Interior features
High Speed Internet, Satellite, Phone Prewired, Tile/Stone Flooring
Exterior features
Lighting, Handicap Access, Lawn, Sprinkler System
Basement
None
Accessibility
Accessible Approach with Ramp
Standard status
Pending
APN
P6900029007A
Size
3,480 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Post Falls, Lts 7,8, 9 Block 29 Pf Downtown Urd 2022 0350N05w
Tax Annual Amount
2161

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Forced Air, Ductless (Heating), Natural Gas, Electric (Heating)
Water source
Public

Building Details

Year built
2002
Building materials
Steel Siding, Pole
Roof type
Metal
Architectural style
Other
Listing Agency: Keller Williams Realty Coeur d'Alene
Listed By: Andrew Owens · License #SP30071
Added: Jan 7 Changed: Jul 24 Last Checked: Jul 26 at 6:06PM
MLS# 26-233

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 commercial flex/warehouse property includes a granite reception area and slate entry, along with office space and a tiled bathroom. The warehouse portion features 12' doors and drive-through access that connects to alley access.

Additional site and building features include a security system, an oil/water separator, sidewalks, and paved parking.

The property is offered for sale in Post Falls, Idaho.

Key Highlights

  • Built in 2002 with steel siding construction and a metal roof
  • Warehouse includes 12' doors with drive‑through layout for alley access
  • Granite reception area and slate entry, plus an office and tiled 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 $60.6k $17.40
− Vacancy −$10.3k −$2.96
EGI $50.3k $14.44
− OpEx −$12.6k −$3.61
NOI $37.7k $10.83
3,480 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$538.5K
$471.2K – $628.2K (±1% cap)
NOI $37,694 @ 7.0% cap · market cap 5.03%
Second Best
Warehouse
$360.5K
$315.5K – $420.6K (±1% cap)
NOI $25,238 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$754.9K
$660.5K – $880.7K (±1% cap)
NOI $52,843 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

A Body Shop Auto Repair Shop KJ Customs Auto Car Wash

Suggested Use

HVAC Service Locksmith Law Firm Storage Facility (Bike/Boat/Book/etc) Store Barber Shop Butcher Tech Support Center Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Flex/warehouse building includes office space, tiled bath, and 12' doors with drive-through access to an alley.
Where is this flex space located?
The property is located at 706 E 3rd Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Built in 2002 with steel siding construction and a metal roof; Warehouse includes 12' doors with drive‑through layout for alley access; Granite reception area and slate entry, plus an office and tiled bathroom
More about this property
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