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100 Ave Ave Sandpoint, ID 83864

For Sale
$5,750,000

Downtown Sandpoint, Two Buildings, Lake Views

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional commercial property presents a rare opportunity in Sandpoint, Idaho's vibrant downtown. Situated on coveted First Avenue waterfront, this offering encompasses two separate buildings totaling over 10,000 square feet. The property includes versatile space ideal for a variety of commercial uses. This includes existing office spaces, a dedicated conference room, and a substantial private residence. A significant component is the established restaurant space, complete with expansive outdoor patios and terraced seating areas providing breathtaking marina views. Adding to the appeal is an existing resort liquor license, simplifying the transition for a new owner. The property also benefits from the inclusion of a vacant lot situated between the two buildings, offering potential for future development or expansion. Located in a Federal Opportunity Zone, this investment presents potential tax advantages for qualified investors. Sandpoint's thriving community, nestled on the shores of Lake Pend Oreille and surrounded by the stunning Selkirk Mountains and Schweitzer Mountain Ski Resort, attracts visitors globally, ensuring a strong and consistent market for this unique commercial offering. The 0.37-acre lot provides ample space and adds to the overall value and potential of this remarkable property. This is a truly exceptional opportunity to own a piece of Sandpoint's thriving commercial waterfront.

Property Features for 100 Ave Ave

General Information

Property type
Other commercial real estate
Lot Size
16,117 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Sandpoint
County
Bonner
State
Idaho
Longitude
-116.5476
Latitude
48.27297

FAQs

What type of property is this?
Commercial real estate - Downtown Sandpoint, Two Buildings, Lake Views
Where is this commercial real estate located?
The property is located at 100 Ave Ave Sandpoint, ID.
What is the asking price?
The asking price for this property is $5,750,000.
More about this property
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