Warehouse with Metal
For Sale
$440,000
Pending
105 E Spruce Ave, Coeur d Alene, ID 83814
Commercial Sale, Warehouse, Coeur d'Alene, ID
Property Size1,974 SF
Lot Size0.17 Acres
Days on Market145
Property Features for 105 E Spruce Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CDA-C-17
Subdivision
Sherman Add To Cd'A
Lot features
Level
Directions
GOVERNMENT WAY TO SPRUCE AVE ON THE LEFT
Standard status
Pending
APN
C8190053999D
Size
1,974 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Sherman Add To Cda, S 150 Ft Of W 50 Ft Of Tax #4617 Block 53 1250N04w
Tax Annual Amount
1223
Legal Description
Sherman Add To Cda, S 150 Ft Of W 50 Ft Of Tax #4617 Block 53 1250N04w
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Water source
Public
Building Details
Year built
1967
Building materials
Aluminum Siding, Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Best Choice Realty LLC
(509) 795-2029
Listed By:
Adam A Wilson · License #AB56860
(208) 783-7380
Added: May 15
Changed: Sep 12
Last Checked: Oct 6 at 1:06PM
MLS# 26-4965
Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property contains 1,974 square feet on a 0.17-acre parcel in Coeur d'Alene. The building was constructed in 1967 and features a metal roof, aluminum siding, and frame construction. Heating is provided through natural gas and electric systems.
The property is located at 105 E Spruce Ave in Coeur d'Alene, Idaho, approximately 1.5 miles from retail, restaurants, and services. Public water and public sewer serve the site.
The property is located at 105 E Spruce Ave in Coeur d'Alene, Idaho, approximately 1.5 miles from retail, restaurants, and services. Public water and public sewer serve the site.
Key Highlights
- 1,974‑square‑foot warehouse on a 0.17‑acre parcel
- Metal roof with aluminum siding and frame construction
- Built in 1967
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,316
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,320
$286.3K
Cap Rate 7%
$204,514
$204.5K
Cap Rate 9%
$159,067
$159.1K
Market Conditions
NOI Build-Up for 1,974 SF
Gross rent
$17.8K $9.00/SF
− Vacancy
−$924 −$0.47/SF
EGI
$16.8K $8.53/SF
− OpEx
−$2.5K −$1.28/SF
NOI
$14.3K $7.25/SF
Area
Kootenai County, ID
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,320
Cap Rate 7%
$204,514
Cap Rate 9%
$159,067
Alternative Uses
Best Use
Warehouse
$204.5K
$179.0K – $238.6K
NOI $14,316 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,984
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
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- A Mini Storage On 3rd Street — 1851 N 3rd St, Coeur d'Alene, ID 83814
- Self-Storage at U-Haul — 750 West Appleway Ave., Coeur d'Alene, ID 83814
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial space served by public water and sewer with a durable metal roof.
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‑square‑foot warehouse on a 0.17‑acre parcel; Metal roof with aluminum siding and frame construction; Built in 1967
