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    608 Bank St Wallace, ID 83873

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    For Sale
    $1,300,000

    Iconic two-story retail building in Wallace's historic district.

    Property size:
    9,200 SF
    Lot size:
    0.11 Acres

    Property Features for 608 Bank St

    General Information

    Size
    9,200 SF
    Lot size
    0.11 Acres

    Source: Kiemle Hagood Agent Chad Burd

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

    Overview

    Historic Retail Building in Wallace

    This iconic two-story retail building, originally constructed in 1893, is located in the heart of Wallace’s vibrant historic district. The property spans approximately 9,200 square feet and is situated on a 0.12-acre lot. Zoned Commercial, the building offers rich architectural character and benefits from high visibility and walkability. The property is surrounded by charming small businesses and local attractions and features a central location. There are two newly renovated units on the second floor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1313 Club Bar & Grill

    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
    -115.923865
    Latitude
    47.471551

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    FAQs

    What type of property is this?
    Storefront property - Iconic two-story retail building in Wallace's historic district.
    Where is this storefront property located?
    The property is located at 608 Bank St Wallace, ID.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime central location in Wallace's historic district.; - High visibility and walkability.; - Substantial ±9,200 SF two-story retail building.
    (208) 770-2597
    Request Owner's contact information
    608 Bank St 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
    608 Bank St Wallace, ID 83873
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