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Waterfront Restaurant and Rental Compound
For Sale
$3,995,000

100 & 105 1ST, Sandpoint, ID 83864

Two restaurant buildings with expansive marina patios plus an on-site vacation rental residence within walking distance of the waterfront.

Property Size10,594 SF
Price / SF$377.10
Days on Market49

Property Features for 100 & 105 1ST

General Information

Standard status Active
Size 10,594 SF
Property subtype Commercial

Financials

Business Included Yes
Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $8,367

Amenities

0.00

Building Details

Year Built 1909
Listing Agency: Coldwell Banker Schneidmiller Realty
Listed By: Greg Rowley · License #SP39746
Source: Clearwaterproperties
Added: Jul 4 Changed: Aug 20 Last Checked: Aug 21 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schneidmiller Realty

Investment Insights

Based on property information with market context.

The offering includes two separate commercial buildings totaling over 10,000 square feet, each featuring active restaurant tenancy and expansive patios overlooking the marina. Between the buildings, a parcel is included and improved with garden areas and additional patio space. The property also includes a luxury penthouse residence that operates as a 3-bedroom, 3-bath vacation rental.

Located in the heart of downtown Sandpoint, the compound provides direct access to the Sand Creek marina and boardwalk. The public remarks describe this as within Sandpoint’s Federal Opportunity Zone. Nearby, the area is characterized by restaurants, retail businesses, art galleries, and entertainment.

For buyers or operators seeking a waterfront hospitality-oriented property, the configuration supports multiple revenue streams through both restaurant operations and a separately operating vacation rental residence. The outdoor patio setting and direct marina/boardwalk access are central to the tenant and guest experience described in the offering materials.

Key Highlights

  • Two separate commercial buildings totaling over 10,000 SF, each with active restaurant tenants
  • Expansive patios overlooking the marina and direct access to the Sand Creek marina and boardwalk
  • On‑site 3 bed/3 bath penthouse‑style residence operating as a vacation rental

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm HVAC Service Cafe & Coffee Shop

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
Well-served
Demand for This Use

Demographics for 83864, ID

19,414
Population
9,909
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
93%
High-School Grad
402.2 sq mi
ZIP Area
48
Density / Sq Mi
$68,595
Median Household Income
$34,326
Median Earnings
$1,136
Median Rent
$474,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two restaurant buildings with expansive marina patios plus an on-site vacation rental residence within walking distance of the waterfront.
Where is this conventional restaurant located?
The property is located at 100 & 105 1ST Sandpoint, ID.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Two separate commercial buildings totaling over 10,000 SF, each with active restaurant tenants; Expansive patios overlooking the marina and direct access to the Sand Creek marina and boardwalk; On‑site 3 bed/3 bath penthouse‑style residence operating as a vacation rental
More about this property
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