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    6249 W Maine St Spirit Lake, ID 83869

    For Sale
    $1,550,000

    Fully leased, renovated two-story commercial building in Spirit Lake.

    Lot size:
    0.16 Acres

    Property Features for 6249 W Maine St

    General Information

    Lot size
    0.16 Acres

    Source: Kiemle Hagood Agent Tom Villelli

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

    Overview

    Historic Commercial Building in Spirit Lake

    This historic, fully leased, two-story commercial building is located in the heart of Spirit Lake. Known as "The Merc," it has been fully renovated in recent years, including upgrades to the HVAC, plumbing, electrical, and mechanical systems. The street level features a restaurant space with a commercial kitchen, and an adjacent bar/retail space with a finished interior. The second floor includes several office and retail suites, along with a full, remodeled kitchen and three bathrooms. The property benefits from ample street parking on Maine St, as well as private paved parking in the back, accessible from the alley. A city park is located immediately to the east.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Magical Massage Massage Therapist Mi Pueblo Authentic ... Mexican Restaurant All Tied Up ... Jewelry Designer Nails on Point by ... Nail Salon Stella's Stogies Cigar Shop

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Hair Salon Auto Repair Shop Pharmacy Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.8708306
    Latitude
    47.9653968

    Nearby Similar for Sale

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      Mixed-Use Investment Property, Spirit Lake

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    • $7,950,000
      93,221 SF

      Turnkey Storage Facility in Spirit Lake

      Ready-to-go storage facility with 286 units on 7.64 acres.
      76 Spirit Lake Rd, Spirit Lake, ID 83869
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    • New
      $645,000
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      Spirit Lake Mixed-Use Investment

      Four-unit mixed-use property with commercial space and residential apartments.
      6236 W Maine St, Spirit Lake, ID 83869
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    • $272,500
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      Commercial Lots with Shop Building

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    FAQs

    What type of property is this?
    Retail space - Fully leased, renovated two-story commercial building in Spirit Lake.
    Where is this retail space located?
    The property is located at 6249 W Maine St Spirit Lake, ID.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Fully leased commercial building providing immediate income.; - Prime location in the heart of Spirit Lake.; - Recent full renovation including HVAC, plumbing, electrical, and mechanical systems.
    (208) 659-1821
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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
    6249 W Maine St Spirit Lake, ID 83869
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