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    820 Lake St Sandpoint, ID 83864

    For Sale
    $619,000

    Four-bedroom, commercial-zoned home, ideal location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This beautifully remodeled four-bedroom home in downtown Sandpoint presents a unique investment opportunity. Situated on a spacious 0.16-acre corner lot, the property boasts a desirable layout with large living areas, perfect for a variety of commercial uses. The recent renovations are extensive, including new flooring throughout, fresh interior and exterior paint, a stylish tiled shower, updated vanities, and the addition of elegant French doors. High-speed internet access is already installed. The property's central location offers easy access to schools, the city's business core, and the popular City Beach, maximizing its potential for various commercial ventures. The expansive backyard, featuring mature trees and recent landscaping with hydroseeding, provides a tranquil and attractive outdoor space. The commercial zoning opens doors to numerous possibilities, including, but not limited to, use as a short-term vacation rental. This property combines the charm of a remodeled home with the flexibility of commercial zoning, making it an exceptional investment in a prime Sandpoint location. Don't miss this chance to own a versatile and well-located property in a thriving community. The asking price is $619,000.

    Property Features for 820 Lake St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandpoint
    County
    Bonner
    State
    Idaho
    Longitude
    -116.5596
    Latitude
    48.27229

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    FAQs

    What type of property is this?
    Commercial real estate - Four-bedroom, commercial-zoned home, ideal location.
    Where is this commercial real estate located?
    The property is located at 820 Lake St Sandpoint, ID.
    What is the asking price?
    The asking price for this property is $619,000.
    (800) 205-8771
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    820 Lake St Sandpoint, ID 83864
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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
    820 Lake St Sandpoint, ID 83864
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