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Renovated Mixed-Use Property
New
For Sale
$1,799,900

216-220 6th St, Wallace, ID 83873

Commercial Sale, Multi Level, Wallace, ID

Property Size7,500 SF
Lot Size0.08 Acres
Price / SF$239.99
Days on Market3

Property Features for 216-220 6th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning WA-Wallace
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Basement, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 6
Security features Security System
Interior features Storage, Cable Internet Available, DSL Available, High Speed Internet, Satellite, Smart Thermostat, Mini-Split A/C, 3 Phase Power, Tile/Stone Flooring
Exterior features Lighting, Handicap Access
Basement Unfinished
Accessibility Accessible Approach with Ramp
Subdivision Wallace Townsite
Lot features Corner Lot, Level, Southern Exposure
View City, Territorial
Directions I-90 East to Wallace, Exit 61 toward Business Route/Wallace. L on N Frontage Rd/The Harry F. Magnuson Way, L on Pine Street to the stop sign. The property is on the L on the corner of Sixth & Pine.
Standard status Active
APN RPB0050017019CA
Size 7,500 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See Attached
Tax Annual Amount 11327
Legal Description See Attached

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Ductless (Heating), Electric (Heating), Forced Air, Natural Gas
Cooling system Central Air, Wall Unit(s)
Water source Public

Amenities

cigar/library sitting room
vaulted ceilings
keyless access
smart CCTV security system
dedicated laundry facilities
energy-efficient windows

Building Details

Year built 1914
Building materials Steel Siding, Concrete, Brick, Frame, Post & Beam
Architectural style Other
Additional Structures Storage
Listing Agency: Silvercreek Realty Group, LLC
Listed By: Owen Webster Cotter · License #SP46862
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 6:06AM
MLS# 26-9007

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.

Constructed in 1914 and substantially renovated in 2023, this 7,500-square-foot mixed-use property combines hospitality space with furnished residential lofts. The street-level commercial area includes an approximately 5,625-square-foot bar and lounge with vaulted ceilings ranging from approximately 12 to 16 feet, plus an adjacent 1,875-square-foot restaurant area ready for future build-out. Each building includes an approximately 1,875-square-foot basement for storage or additional operational needs.

The second and third floors contain four furnished lofts, each with an open layout, full kitchen, stainless steel appliances, bathroom with oversized walk-in dual-head shower, and dedicated laundry. Renovation work included new plumbing, HVAC, electrical systems, dual-pane windows, and a roof, while retaining exposed brick and post-and-beam elements. The property also has public water and sewer, modern access controls, and remotely monitored CCTV. Located in Downtown Wallace, it is approximately 15 minutes from Lookout Pass and Silver Mountain ski resorts.

Key Highlights

  • 7,500 square feet on a 0.08‑acre site
  • 2023 renovation with new plumbing, HVAC, electrical systems, windows, and roof
  • Approximately 5,625 square feet of street‑level commercial space

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store Building Supply Electrical Service Pharmacy

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 83873, ID

1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial building with four furnished lofts and flexible hospitality space.
Where is this mixed-use property located?
The property is located at 216-220 6th St Wallace, ID.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: 7,500 square feet on a 0.08‑acre site; 2023 renovation with new plumbing, HVAC, electrical systems, windows, and roof; Approximately 5,625 square feet of street‑level commercial space
More about this property
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