Remodeled Multi-Level Mixed-Use
New
For Sale
$1,100,000
1911 N 4th St, Coeur d Alene, ID 83814
Commercial Sale, Multi Level, Coeur d'Alene, ID
Property Size4,391 SF
Lot Size0.28 Acres
Price / SF$250.51
Days on Market1
Property Features for 1911 N 4th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CDA-C17
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Basement, Bathroom 3
Interior features
Storage, High Speed Internet, Handicap Restrooms
Exterior features
Lighting, Handicap Access, Lawn, Sprinkler System
Basement
Finished
Accessibility
Accessible Approach with Ramp
Subdivision
Gridley's
Lot features
Open Lot, Level
View
City
Directions
Interstate 90 to N 3rd Street, turn left onto E Locust Ave, turn left onto N 4th Street, 3rd building on left with Red Roof.
Standard status
Active
APN
C4410004005A
Size
4,391 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Gridley Add To Cda, N2-Lt 5 Block 4 1250N04w and Gridley Add To CDA S2-LT 5 BLK 4 1250N04W
Tax Annual Amount
3232
Legal Description
Gridley Add To Cda, N2-Lt 5 Block 4 1250N04w and Gridley Add To CDA S2-LT 5 BLK 4 1250N04W
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
3 bathrooms (one handicap accessible, one with shower and W/D hookups)
2 kitchenettes
basement storage
inviting patio
beautiful maintained front lawn
Building Details
Year built
1985
Building materials
Cement Block, Block, Concrete, Frame
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
The Agency Coeur d'Alene
(208) 661-5524
Listed By:
Greg Link Jr · License #AB36911
(208) 667-2399
Added: Sep 11
Last Checked: Sep 11 at 4:06PM
MLS# 26-9305
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.
Remodeled in 2021, this 4,391-square-foot mixed-use property occupies three finished levels, including a fully completed basement. The layout includes two kitchenettes, three bathrooms, basement storage, and an inviting patio. One bathroom is handicap accessible, while another includes a shower and washer/dryer hookups. Central air, forced-air natural gas heating, high-speed internet, and public water and sewer support daily operations. The building has a brick exterior, metal roof, maintained lawn, sprinkler system, and accessible approach with ramp.
Located at 1911 N 4th St in Coeur d'Alene, the property offers access from both N 3rd and N 4th, along with alley access. Private parking accommodates approximately 10 vehicles, with additional street parking available. Its CDA-C17 zoning and adaptable interior support office, retail, salon or spa, wellness, creative, coworking, and other mixed-use applications.
Located at 1911 N 4th St in Coeur d'Alene, the property offers access from both N 3rd and N 4th, along with alley access. Private parking accommodates approximately 10 vehicles, with additional street parking available. Its CDA-C17 zoning and adaptable interior support office, retail, salon or spa, wellness, creative, coworking, and other mixed-use applications.
Key Highlights
- 4,391 square feet across 3 finished levels, including a fully finished basement
- Remodeled in 2021 with two kitchenettes, three bathrooms, and basement storage
- Private parking for approximately 10 vehicles plus additional street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,561
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,220
$951.2K
Cap Rate 7%
$679,443
$679.4K
Cap Rate 9%
$528,456
$528.5K
Market Conditions
NOI Build-Up for 4,391 SF
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.
Gross rent
$76.4K $17.40/SF
− Vacancy
−$13.0K −$2.96/SF
EGI
$63.4K $14.44/SF
− OpEx
−$15.9K −$3.61/SF
NOI
$47.6K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,220
Cap Rate 7%
$679,443
Cap Rate 9%
$528,456
Alternative Uses
Best Use
Office B
$679.4K
$594.5K – $792.7K
NOI $47,561 @ 7.0% cap · market cap 4.32%
Second Best
Mixed Use
$656.3K
$574.3K – $765.7K
NOI $45,941 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$952.5K
$833.5K – $1.11M
NOI $66,676 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three finished levels support office, retail, salon, wellness, coworking, or multi-tenant configurations.
Where is this mixed-use property located?
The property is located at 1911 N 4th St Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,391 square feet across 3 finished levels, including a fully finished basement; Remodeled in 2021 with two kitchenettes, three bathrooms, and basement storage; Private parking for approximately 10 vehicles plus additional street parking
