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Corner Lot Apartment Development Site

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
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.

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

Suggested Use

Dental Office Auto Repair Shop Parking Lot & Garage Pharmacy Kitchen & Bath Showroom Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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