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High-Visibility Retail/Office Space

14623 W Highway 53 Rathdrum, ID 83858

14623 W Highway 53, Rathdrum, ID, 83858
$499,999
For Sale
Claim this Listing
$499,999

COMMERCIAL - Rathdrum, ID

Property Size1,850 SF
Lot Size0.30 Acres
Price / SF$270.27
AddedMay 29
Days on Market47
Last RefreshJul 14 at 8:06 pm

Property Features for 14623 W Highway 53

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
C-1
Bathrooms
1
Rooms
Bathroom 1, Basement
Interior features
High Speed Internet, Handicap Restrooms
Exterior features
Lighting, Handicap Access, Lawn, Sprinkler System
Basement
Unfinished
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
R480000C006A
Size
1,850 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Posts Add To Rathdrum, Lt 6,7,8 & 9, Block C 3652N05w
Tax Annual Amount
1180

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Building materials
T1-11, Block, Frame
Roof type
Metal
Architectural style
Other

Listing agent Charles Willis License #SP58775

Listing office Silvercreek Realty Group, LLC 1099 S Wells Street STE 200, Meridian, ID

Listing date May 29, 2026

MLS# 26-5496

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale commercial property offers a flexible storefront configuration with approximately 1,250 square feet of retail space and an approximately 600-square-foot basement, totaling about 1,850 square feet. The layout is described as adaptable for a range of business uses, including retail, office, and service-based operations.

The property is positioned along one of Rathdrum’s busiest transportation corridors, providing visibility to passing motorists. It is zoned C-1, supporting commercial use in line with local regulations.

The site includes approximately 0.3 acres, offering a modest commercial footprint designed for storefront activity with additional usable space in the basement level.

Key Highlights

  • Total 1,850 SF commercial space: 1,250 SF retail plus an approximately 600 SF basement
  • Location on a busy Rathdrum transportation corridor with frontage on Highway 53
  • Central air with forced‑air heating, including natural gas and electric (heating)

Local Financial Insights For Office B

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 $32.2k $17.40
− Vacancy −$5.5k −$2.96
EGI $26.7k $14.44
− OpEx −$6.7k −$3.61
NOI $20.0k $10.83
1,850 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$286.3K
$250.5K – $334.0K (±1% cap)
NOI $20,038 @ 7.0% cap · market cap 4.01%
Second Best
Retail
$266.4K
$233.1K – $310.8K (±1% cap)
NOI $18,648 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$401.3K
$351.2K – $468.2K (±1% cap)
NOI $28,092 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
Retail space - Versatile retail storefront with approximately 1,250 square feet above grade and an approximately 600-square-foot basement.
Where is this retail space located?
The property is located at 14623 W Highway 53 Rathdrum, ID.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Total 1,850 SF commercial space: 1,250 SF retail plus an approximately 600 SF basement; Location on a busy Rathdrum transportation corridor with frontage on Highway 53; Central air with forced‑air heating, including natural gas and electric (heating)
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