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Historic Mixed-Use Retail Building
For Sale
Contact for pricing
Pending

515 Cedar St, Wallace, ID 83873

Historic building in downtown Wallace with main-floor retail, a leasing penthouse suite, and a third floor ready to remodel.

Property SizeContact for details
Days on Market143

Property Features for 515 Cedar St

General Information

Standard status Pending
Property subtype Retail

Building Details

Stories 3
Tenancy Multi
Listing Agency: Hendrixson Real Estate
Listed By: Jim Hendrixson · License #ID 28856
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 29 at 10:41PM

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 Hendrixson Real Estate

Investment Insights

Based on property information with market context.

Located in Downtown Historic Wallace, this iconic mixed-use building on Cedar Street offers multiple income-producing levels with distinct spaces. The main floor features a tenant space occupied by the Mine Tour, and the seller is open to leasing back a former Day Rock space.

The second floor includes a penthouse suite that is ready to lease. The third floor is ready to remodel, providing additional flexibility for future improvements.

The roof was fully redone in 2017. The building’s prominent downtown presence aligns with its role as a central stop for events and festivals in Wallace.

Key Highlights

  • Historic Eagles Building in downtown Wallace on Cedar Street, on one of the busiest streets in town
  • Main floor includes an anchor tenant: the Mine Tour
  • Seller is open to leasing back the former Day Rock space on the main floor

Property Analytics

Current Use

The Dayrock Bar & Pub Sam Brooks Rentals Real Estate Agency

Suggested Use

Top Pick Dental Office Auto Repair Shop Electrical Service Bakery Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Wallace Ace Hardware Home Improvements & Furnishings
1,815 visits/mo 0.2 miles

Demographics for 83873, ID

1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic building in downtown Wallace with main-floor retail, a leasing penthouse suite, and a third floor ready to remodel.
Where is this storefront property located?
The property is located at 515 Cedar St Wallace, ID.
What are key features of this property?
This property features: Historic Eagles Building in downtown Wallace on Cedar Street, on one of the busiest streets in town; Main floor includes an anchor tenant: the Mine Tour; Seller is open to leasing back the former Day Rock space on the main floor
More about this property
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