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    Rathdrum Commercial Property on Highway Title is generated by Realmo AI

    15268 N Highway 41, Rathdrum, ID 83858

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    For Sale
    $399,900

    2,400 SF commercial building on 0.36 acres with highway frontage.

    Type:General Commercial
    Property size:
    2,400 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $166/SF
    Added:
    Nov 2, 2021
    Days on Market:
    1685
    Last Refresh:
    May 13 at 8:45 pm

    Property Features for 15268 N Highway 41

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.36 Acres
    Property subtype
    General Commercial

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    Listing Contact
    Stan Groves

    Listing agent Stan Groves

    Listing office EXP Realty

    Listing date Nov 2, 2021

    Source Xome

    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 EXP Realty

    HighLights

    • Prime commercial location with Hwy 41 frontage
    • 2,400 sq ft Quonset Hut building with 14' drive‑through doors
    • Currently operating as a drive‑through beverage business with dedicated parking
    • Located in a high‑traffic area near restaurants and schools
    • .36‑acre parcel with room for expansion
    • Zoned Industrial with level topography and paved road access

    Overview

    This commercial property is located in a prime location with frontage on Highway 41 in Rathdrum. The 0.36-acre parcel includes a 2,400 square foot Quonset Hut style building featuring 14' drive-through doors, 220 V single phase power, a dedicated retail point of sale area, an office, and a bathroom. Currently, the property is used as a drive-through beverage business. There is dedicated parking space and room for expansion. The property is situated in an area surrounded by restaurants, gas stations, and Lakeland Middle and High Schools. It is positioned in the path of growth, offering a year-round location.

    Local Financial Insights For 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 $36.0k $15.00
    − Vacancy −$1.4k −$0.60
    EGI $34.6k $14.40
    − OpEx −$10.4k −$4.32
    NOI $24.2k $10.08
    2,400 SF · lease $15.00/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $345.6K
    $302.4K – $403.2K (±1% cap)
    NOI $24,192 @ 7.0% cap · market cap 6.05%
    Second Best
    Industrial
    $204.8K
    $179.2K – $238.9K (±1% cap)
    NOI $14,334 @ 7.0% cap · market cap 3.58%
    Theoretical Best
    Office A
    $520.6K
    $455.6K – $607.4K (±1% cap)
    NOI $36,444 @ 7.0% cap · market cap 9.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.890592
    Latitude
    47.810562

    FAQs

    What type of property is this?
    Storefront property - 2,400 SF commercial building on 0.36 acres with highway frontage.
    Where is this storefront property located?
    The property is located at 15268 N Highway 41 Rathdrum, ID.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Prime commercial location with Hwy 41 frontage; **2,400 sq ft Quonset Hut building with 14' drive‑through doors**; Currently operating as a drive‑through beverage business with dedicated parking
    More about this property
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