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516 Cedar St Wallace, ID 83873

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For Sale
$425,000

Prime Cedar Street location, 2,406 sq ft

Property size:
2,406 SF

Property Features for 516 Cedar St

General Information

Property type
Other commercial real estate
Square Feet
2,406 SF
Lot Size
2,614 SF

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Listing Contact
Owen Cotter
Owen Cotter

Listing Agency: Silvercreek Realty Group, LLC Listing Agent: Owen Cotter

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2,406 square foot commercial property, situated at 516 Cedar Street in the heart of historic Wallace, Idaho, presents a unique investment opportunity. Built in 1948, this building boasts a rich history, having served as The Wallace Food Center grocery store until 1961, followed by a long tenure as Modern Drug Pharmacy. More recently, it was successfully adapted into the Wallace Athletic Club. The property sits on a 0.06-acre lot, offering excellent visibility and accessibility in a thriving downtown area. Its central location provides easy access to all that Wallace and the surrounding North Idaho region have to offer, making it ideal for a variety of commercial ventures. The building's adaptable layout provides ample space for a range of businesses, from retail to fitness centers, or potentially even a combination of uses. The asking price is $425,000. This is a rare chance to acquire a well-established commercial space in a desirable location with significant historical character and high potential for future growth. The property is ready for its next chapter, offering a solid foundation for a new business or an expansion of an existing one. Don't miss this opportunity to own a piece of Wallace's vibrant history and secure a prime commercial location in a picturesque Idaho town.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Wallace
County
Shoshone
State
Idaho
Longitude
-115.9244
Latitude
47.47219

FAQs

What type of property is this?
Commercial real estate - Prime Cedar Street location, 2,406 sq ft
Where is this commercial real estate located?
The property is located at 516 Cedar St Wallace, ID.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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