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    Two-Story Mixed-Use Restaurant Building Title is generated by Realmo AI

    6249 W Maine st, Spirit Lake, ID 83869

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    Claim this Listing
    New
    For Sale
    $1,550,000

    Fully renovated building combines street-level restaurant space with bar/retail and second-floor office suites.

    Type:Commercial
    Property size:
    8,000 SF
    Price / SF:
    $193/SF
    Added:
    Jun 12, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 13 at 2:51 am

    Property Features for 6249 W Maine st

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1907

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    Listing Contact
    Tom Villelli

    Listing agent Tom Villelli

    Listing office Kiemle Hagood

    Listing date Jun 12, 2026

    Source Clearwaterproperties

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

    All listing content including descriptions, pricing, images are the copyrighted material of Kiemle Hagood

    HighLights

    • Historic 2‑story commercial building (built 1907) in the heart of Spirit Lake, fully leased
    • Recent renovations include HVAC, plumbing, electrical, and mechanical system upgrades
    • Street level includes restaurant space with a commercial kitchen plus an adjacent bar/retail suite
    • Second floor offers several office and retail suites plus a full remodeled kitchen and three bathrooms
    • Parking includes plenty of street parking on Maine St and private paved parking behind the building, accessible from the alley
    • City park immediately to the east

    Overview

    This historic, two-story commercial building is fully leased and has undergone renovations in recent years. Improvements include upgrades to HVAC, plumbing, electrical, and mechanical systems. The street level features restaurant space with a commercial kitchen, along with an adjacent suite that is well finished for bar/retail use. The second floor offers multiple office and retail suites plus a full, remodeled kitchen and three bathrooms.

    Located in the heart of Spirit Lake on W Maine St, the property benefits from convenient parking options. Plenty of street parking is available on Maine St, and there is also private paved parking around the back accessible from the alley. A city park sits immediately to the east.

    For tenants or investors seeking a mixed configuration, the building supports multiple income-producing uses, including restaurant, bar/retail, and office/retail suites, under one roof. With updated building systems and both street-level and second-floor offerings, it can accommodate operators looking to leverage the existing layout for their specific use.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $127.7k $15.96
    − Vacancy −$4.9k −$0.61
    EGI $122.8k $15.35
    − OpEx −$30.7k −$3.84
    NOI $92.1k $11.52
    8,000 SF · lease $15.96/SF/yr · vacancy 3.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.32M
    $1.15M – $1.54M (±1% cap)
    NOI $92,121 @ 7.0% cap · market cap 5.94%
    Second Best
    Office B
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,652 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Office A
    $1.74M
    $1.52M – $2.02M (±1% cap)
    NOI $121,478 @ 7.0% cap · market cap 7.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Magical Massage Alternative Medicine Practice Mi Pueblo Authentic ... Restaurant All Tied Up ... (Bike/Boat/Book/etc) Store Nails on Point by ... Nail Salon Stella's Stogies (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Center 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

    FAQs

    What type of property is this?
    Conventional restaurant - Fully renovated building combines street-level restaurant space with bar/retail and second-floor office suites.
    Where is this conventional restaurant 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: Historic 2‑story commercial building (built 1907) in the heart of Spirit Lake, fully leased; Recent renovations include HVAC, plumbing, electrical, and mechanical system upgrades; Street level includes restaurant space with a commercial kitchen plus an adjacent bar/retail suite
    More about this property
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