Corner Lot Apartment Development
2009 E Sherman AVE Coeur d Alene, ID 83814
2009 E Sherman AVE, Coeur d Alene, ID, 83814
$2,750,000
For Sale
$2,750,000
Corner lot with nearly 200 feet of commercial frontage and existing apartment units.
Property Size6,849 SF
Lot Size0.47 Acres
Price / SF$401.52
Days on Market18
Property Features for 2009 E Sherman AVE
General Information
- Standard status
- Active
- Size
- 6,849 SF
- Lot size
- 0.47 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1940
Listing agency
Berkshire Hathaway HomeServices Jacklin Real Estate
(208) 640-1365
Listed by
Zachary Froehlich · License #SP40004
Source
Clearwaterproperties
Added: Jul 4 Updated: Jul 21 at 6:14AM Checked: Jul 21 at 6:14AM
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 Berkshire Hathaway HomeServices Jacklin Real Estate
Investment Insights
Based on property information with market context.
This property consists of existing apartment units on a corner lot with nearly 200 feet of commercial frontage along E Sherman Ave. The site spans approximately 0.465 acres across almost four city lots, offering a consolidated footprint for a buyer or developer.
The offering is positioned in downtown Coeur d'Alene with frontage on Sherman Avenue. It is described as being near the I-90 off-ramp and a few blocks from the Coeur d'Alene Resort Golf Course, with proximity to the Centennial Trail and upcoming developments on Coeur d Alene Lake Drive. The seller notes that buyer and buyers' agents should verify all information, including development considerations. The listing also references bonus depreciation; interested parties should consult their advisors regarding eligibility and tax treatment.
The offering is positioned in downtown Coeur d'Alene with frontage on Sherman Avenue. It is described as being near the I-90 off-ramp and a few blocks from the Coeur d'Alene Resort Golf Course, with proximity to the Centennial Trail and upcoming developments on Coeur d Alene Lake Drive. The seller notes that buyer and buyers' agents should verify all information, including development considerations. The listing also references bonus depreciation; interested parties should consult their advisors regarding eligibility and tax treatment.
Key Highlights
- Nearly 200 feet of commercial frontage on Sherman Avenue in downtown Coeur d'Alene
- Corner lot on almost four full city lots totaling 0.465 acres
- Existing apartment units on the property
Property Analytics
Location Intelligence
Current Use by Public Records
The Flats in Coeur d'Alene
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Specialty property - Corner lot with nearly 200 feet of commercial frontage and existing apartment units.
Where is this specialty property located?
The property is located at 2009 E Sherman AVE Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Nearly 200 feet of commercial frontage on Sherman Avenue in downtown Coeur d'Alene; Corner lot on almost four full city lots totaling 0.465 acres; Existing apartment units on the property