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    521 Cedar St Wallace, ID 83873

    For Sale
    $600,000

    Operating laundry business with equipment included in downtown Wallace.

    Property size:
    123 SF

    Property Features for 521 Cedar St

    General Information

    Size
    123 SF

    Source: James Black III, CCIM Agent James Black III, CCIM

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

    Overview

    Downtown Wallace Commercial Laundry Facility

    This 3,457-square-foot building, constructed in 1960, is situated on a 0.11-acre lot and zoned Downtown Historic Commercial. The sale includes all washers, dryers, soaps, and other related equipment. The property is located in the heart of downtown Wallace, near the corner of Cedar Street and 6th Street in Wallace, Idaho. The business generated a gross revenue of $36,723 in 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wallace Laundromat Laundry Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallace
    County
    Shoshone
    State
    Idaho
    Longitude
    -115.924703
    Latitude
    47.472474

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    FAQs

    What type of property is this?
    Storefront property - Operating laundry business with equipment included in downtown Wallace.
    Where is this storefront property located?
    The property is located at 521 Cedar St Wallace, ID.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Located in the heart of downtown Wallace.; - Sale includes all washers, dryers, soaps, etc.; - Zoning: Downtown Historic Commercial.
    (509) 842-4142
    Request Owner's contact information
    521 Cedar St Wallace, ID 83873
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    Wallace, ID 83873
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 Cedar St Wallace, ID 83873
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