Zoned C-17 Warehouse for
105 E Spruce AVE Coeur d Alene, ID 83814
105 E Spruce AVE, Coeur d Alene, ID, 83814
Contact for pricing
For Sale
Contact for pricing
Versatile 1,974 sq ft warehouse on a 0.17-acre parcel, zoned C-17, with tenant occupancy—schedule showings accordingly.
Property Size1,974 SF
Lot Size0.17 Acres
Price / SF$222.90
Days on Market56
Property Features for 105 E Spruce AVE
General Information
- Standard status
- Active
- Size
- 1,974 SF
- Lot size
- 0.17 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1967
Listing agency
Best Choice Realty
Listed by
Adam Wilson · License #ID AB56860
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 7:06AM
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 Best Choice Realty
Investment Insights
Based on property information with market context.
This for-sale warehouse totals 1,974 square feet and sits on a 0.17-acre parcel. The property is zoned C-17, offering flexibility for businesses evaluating warehouse space alongside potential commercial uses tied to that zoning designation. The space is presented as an affordable warehouse opportunity and is intended to support a range of business needs, including owner-operator occupancy.
The property is located at 105 E Spruce Ave in Coeur d'Alene, Idaho, and is described as centrally located within North Idaho’s fastest-growing market. It is approximately 1.5 miles from nearby retail, restaurants, and services, with proximity to a major area destination that continues to benefit from the region’s growth and demand. Please note the instruction: do not disturb the tenant.
With zoning C-17 and a modest parcel size, this warehouse may fit tenants or buyers looking for a workable footprint for storage, light industrial, or other commercial uses that align with C-17 requirements. It may also be considered by owner-users who want to occupy the building while retaining flexibility for future business planning. Because the property is tenant-occupied, showings require coordination in advance.
The property is located at 105 E Spruce Ave in Coeur d'Alene, Idaho, and is described as centrally located within North Idaho’s fastest-growing market. It is approximately 1.5 miles from nearby retail, restaurants, and services, with proximity to a major area destination that continues to benefit from the region’s growth and demand. Please note the instruction: do not disturb the tenant.
With zoning C-17 and a modest parcel size, this warehouse may fit tenants or buyers looking for a workable footprint for storage, light industrial, or other commercial uses that align with C-17 requirements. It may also be considered by owner-users who want to occupy the building while retaining flexibility for future business planning. Because the property is tenant-occupied, showings require coordination in advance.
Key Highlights
- 1,974 sq ft warehouse on a 0.17‑acre parcel
- Zoned C‑17, offering flexibility for commercial uses and expansion opportunities
- Year built: 1967
Local Financial Insights For Warehouse
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 | $17.8k | $9.00 |
| − Vacancy | −$924 | −$0.47 |
| EGI | $16.8k | $8.53 |
| − OpEx | −$2.5k | −$1.28 |
| NOI | $14.3k | $7.25 |
1,974 SF · lease $9.00/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$204.5K
$179.0K – $238.6K
NOI $14,316 @ 7.0% cap · market cap 3.25%
Second Best
Industrial
$168.4K
$147.4K – $196.5K
NOI $11,790 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$428.2K
$374.7K – $499.6K
NOI $29,975 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Richard's Auto Body ...
Auto Repair Shop
ASAP Autobody
Auto Repair Shop
Similar For Sale Nearby
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- Self-Storage at U-Haul — 750 West Appleway Ave., Coeur d'Alene, ID 83814
FAQs
What type of property is this?
Warehouse - Versatile 1,974 sq ft warehouse on a 0.17-acre parcel, zoned C-17, with tenant occupancy—schedule showings accordingly.
Where is this warehouse located?
The property is located at 105 E Spruce AVE Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,974 sq ft warehouse on a 0.17‑acre parcel; Zoned C‑17, offering flexibility for commercial uses and expansion opportunities; Year built: 1967
