Leased Retail Unit For
For Sale
Contact for pricing
102 S 1st Ave #101, Sandpoint, ID 83864
Fully leased retail unit on a busy corner in Sandpoint.
Property Size3,370 SF
Price / SF$356.08
Days on Market168
Property Features for 102 S 1st Ave #101
General Information
Standard status
Active
Size
3,370 SF
Property subtype
Retail, Office, Hospitality
Zoning
Commercial
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Net Lease
Building Details
Year Built
2001
Year Renovated
2019
Buildings
1
Tenancy
Single
Listing Agency:
Windermere Valley Liberty Lake
(509) 263-5645
Listed By:
Haley Busby · License #WA 21015569
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 24 at 8:27PM
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 Windermere Valley Liberty Lake
Investment Insights
Based on property information with market context.
This is a fully leased retail unit available for purchase. The property is located on a busy corner in Sandpoint, Idaho, an area noted for strong tourism and a growing tech and manufacturing base. The location also benefits from high demand for residential and vacation properties near Lake Pend Oreille and Schweitzer Mountain. The current lease has 9 years remaining. The property is ideal for a long-term hold that will benefit from market appreciation as the Sandpoint area continues to grow. The cap rate is 5.5%. The property size is 3370 square feet.
Key Highlights
- Fully leased retail unit with 9 years remaining on the current lease.
- Located on one of the busiest corners in Sandpoint, ID.
- 5.5% cap rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 19%
Home Improvements & Furnishings 17%
Groceries 4%
Sandpoint Drug Ace Hardware
Home Improvements & Furnishings
12,134 visits/mo
0.5 miles
Chevron
Shops & Services
10,455 visits/mo
0.2 miles
Arby's
Dining
8,970 visits/mo
0.4 miles
Chevron
Shops & Services
8,609 visits/mo
0.4 miles
Conoco
Shops & Services
5,505 visits/mo
0.2 miles
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail unit on a busy corner in Sandpoint.
Where is this retail space located?
The property is located at 102 S 1st Ave #101 Sandpoint, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully leased retail unit with 9 years remaining on the current lease.; Located on one of the busiest corners in Sandpoint, ID.; 5.5% cap rate.
