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Live-Work Property with Greenhouses
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201 E 6th Ave, Post Falls, ID 83854

Commercially zoned property combines multiple buildings with greenhouse facilities near downtown Post Falls.

Property Size8,550 SF
Price / SF$140.35
Days on Market31

Property Features for 201 E 6th Ave

General Information

Standard status Active
Size 8,550 SF
Property subtype RETAIL

Site & Location

Traffic Count 50,457 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Land Use nursery, commercial, residential

Amenities

greenhouses

Building Details

Buildings 5
Listing Agency: Kiemle Hagood
Listed By: Chris Schreiber · License #RRE-BRO-LIC-46500
Source: Moodyscre
Added: Jul 7 Changed: Aug 2 Last Checked: Aug 5 at 1:38PM

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 Kiemle Hagood

Investment Insights

Based on property information with market context.

This live-work property includes three permanent buildings totaling approximately ±4,350 SF, along with two greenhouses of approximately ±2,100 SF each, for a combined property size of ±8,550 SF. The improvements include an existing home, and business furniture, fixtures, and equipment are available for negotiation. The property’s live/work configuration supports both residential and commercial functionality within the same holding.

Set on nearly half an acre of commercially zoned land at 201 E 6th Ave in Post Falls, the property is adjacent to the downtown and central areas. It sits one block from Interstate 90 and Spokane St, with exposure to and from Interstate 90 and reported traffic of approximately ±50,457 vehicles per day. The location also places the property near established urban activity while retaining a multi-building layout with greenhouse infrastructure.

Key Highlights

  • Three permanent buildings totaling approximately ±4,350 SF
  • Two greenhouses measuring approximately ±2,100 SF each
  • Combined property size of approximately ±8,550 SF

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 $148.8k $17.40
− Vacancy −$25.3k −$2.96
EGI $123.5k $14.44
− OpEx −$30.9k −$3.61
NOI $92.6k $10.83
8,550 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,609 @ 7.0% cap · market cap 7.72%
Second Best
Mixed Use
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,454 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,830 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Petal Pushers Nursery Garden Center

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Locksmith Furniture & Home Goods Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,457 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

Demographics for 83854, ID

49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercially zoned property combines multiple buildings with greenhouse facilities near downtown Post Falls.
Where is this live-work space located?
The property is located at 201 E 6th Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three permanent buildings totaling approximately ±4,350 SF; Two greenhouses measuring approximately ±2,100 SF each; Combined property size of approximately ±8,550 SF
(509) 838-6541 Call to check price and availability
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