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Retail Building with Service Garage
For Sale
$410,000

301 5th St, Wallace, ID 83873

Commercial Sale, Retail, Wallace, ID

Property Size1,349 SF
Lot Size0.12 Acres
Price / SF$303.93
Days on Market238

Property Features for 301 5th St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning wa-wallace
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Basement None
Subdivision Wallace Townsite
Lot features Level
View City
Directions From CDA, head East on I-90. Take exit 61, turn R on Frontage road, L on Front St (Magnusen way). Property on L across from Red Light Restaurant
Standard status Active
APN RPB0050018002AA
Size 1,349 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Wallace Lots 2-4 Blk 18 27-48-4
Tax Annual Amount 1866
Legal Description Wallace Lots 2-4 Blk 18 27-48-4

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Water source Public

Building Details

Year built 1950
Building materials Hardboard, Brick, Frame
Architectural style Other
Listing Agency: Silvercreek Realty Group, LLC
Listed By: Rachel Esplin · License #SP41281
Added: Jan 13 Changed: Sep 7 Last Checked: Sep 8 at 12:06AM
MLS# 26-393

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.

This 1,349-square-foot commercial building in Wallace, Idaho, offers a flexible layout with three offices, one bathroom, and a single-bay service garage. The interior combines customer-oriented space with dedicated work areas, supporting a range of retail and service configurations. Construction includes hardboard, brick, and frame materials, with forced-air and electric heating systems. The property was built in 1950 and includes public water and public sewer service.

Situated on a 0.12-acre parcel at 301 5th St, the building is located in Wallace, a year-round tourist destination. Its prior use as a recreation rental business provides context for a service-oriented commercial layout, while the existing offices and garage offer adaptable space for continued commercial use.

Key Highlights

  • 1,349 SF commercial building on a 0.12‑acre parcel
  • Single‑bay service garage with three offices and one bathroom
  • Located at 301 5th St in Wallace, Idaho

Property Analytics

Current Use

Mountain Meadow Adventure ... Travel Agency

Suggested Use

Top Pick Dental Office Auto Repair Shop Electrical Service Bakery Pharmacy (Bike/Boat/Book/etc) Store

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

1
Service bays

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
Balanced
Demand for This Use

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 Office in West region

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

What type of property is this?
Storefront property - Versatile commercial building with office, customer-facing, and service-oriented areas in Wallace.
Where is this storefront property located?
The property is located at 301 5th St Wallace, ID.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,349 SF commercial building on a 0.12‑acre parcel; Single‑bay service garage with three offices and one bathroom; Located at 301 5th St in Wallace, Idaho
More about this property
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