Corner Lot Apartment Development
For Sale
$2,750,000
2009 Sherman, Coeur d Alene, ID 83814
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 Market39
Property Features for 2009 Sherman
General Information
Standard status
Active
Size
6,849 SF
Lot size
0.47 Acres
Property subtype
Multi Family Home
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$10,938
Amenities
0.00
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
Changed: Aug 11
Last Checked: Aug 11 at 7:15AM
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,825
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
Questions? Ask Rey
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Frequently Asked Questions
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 Sherman 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
