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    1123 E Sherman Ave Coeur d Alene, ID 83814

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    For Lease
    $1.25 SF/Yr

    4,628 SF commercial building in downtown Coeur d'Alene.

    Property size:
    4,628 SF
    Lot size:
    0.12 Acres

    Property Features for 1123 E Sherman Ave

    General Information

    Size
    4,628 SF
    Lot size
    0.12 Acres

    Source: Kiemle Hagood Agent Craig Hunter

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

    Overview

    Downtown Coeur d'Alene Commercial Building

    Located in downtown Coeur d'Alene, this commercial building offers an excellent opportunity for various business ventures. Constructed in 1925, the 4,628 square foot single-story building is situated on historic Sherman Avenue. For the past 50 years, it has been the location of Burts Music. The front retail section encompasses approximately 1,850 square feet. The layout includes several offices and five studio rooms. Additional space is available in a partial basement for storage and mechanical purposes. The property is zoned C-17 and occupies a 0.12 acre lot. It is suitable for a variety of commercial uses, including food service, retail, office space, or a creative studio. This property presents a chance to establish a business in the heart of Coeur d'Alene’s thriving downtown corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burt's Music & Sound Musical Instrument Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.7693985
    Latitude
    47.6735896

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    FAQs

    What type of property is this?
    Retail space - 4,628 SF commercial building in downtown Coeur d'Alene.
    Where is this retail space located?
    The property is located at 1123 E Sherman Ave Coeur d Alene, ID.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Coeur d'Alene location on historic Sherman Avenue.; - Large 4,628 sqft commercial building.; - C-17 zoning allows for a variety of commercial uses (food service, retail, office, creative studio).
    (208) 929-2929
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    Coeur d Alene, ID 83814
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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
    1123 E Sherman Ave Coeur d Alene, ID 83814
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