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Two-Suite Office Unit
For Sale
$799,900

301 N 1st St, Coeur d Alene, ID 83814

Commercial Sale, Commercial Condo, Coeur d'Alene, ID

Property Size3,086 SF
Lot Size0.05 Acres
Price / SF$259.20
Days on Market87

Property Features for 301 N 1st St

General Information

Property type Commercial Sale
Property subtype Other
Zoning CDA-DC
Interior features Elevator
Basement Crawl Space
Accessibility Accessible Elevator Installed
Lot features Level
View Lake, City
Directions For Location use 250 Northwest BLVD CDA, ID 83814
Subdivision 01 - Cd'A Urban/Dalton
Standard status Active
APN C1820002202A
Size 3,086 SF
Lot size 0.05 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description Coeur D Alene North Condos, Unit 202 & Undiv Int In Carea Ex Rw 1450N04w
Tax Annual Amount 3496
Legal Description Coeur D Alene North Condos, Unit 202 & Undiv Int In Carea Ex Rw 1450N04w

Utilities

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

Amenities

walk-out porches
full kitchen
private bathroom
locked storage
reception area
copy area with sink

Building Details

Year built 1984
Building materials Drivet, Frame
Roof type Concrete
Architectural style Other
Listing Agency: Tomlinson Sotheby's International Realty (Idaho)
Listed By: Jillian Shaw · License #SP56290
Added: Aug 11 Changed: Nov 2 Last Checked: Nov 5 at 1:06PM
MLS# 26-8269

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.

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Investment Insights

Based on property information with market context.

This 3,086-square-foot office condominium occupies a second-floor end position and contains two suites that may be joined. Suite 201 has six private offices, a kitchen, a bathroom, and secured storage; Suite 202 adds three private offices, a reception area, and a copy station with sink. Each suite opens onto a porch. An elevator serves the building, which was constructed in 1984.

At 301 N 1st St in Coeur d'Alene, the property has views toward City Park, Independence Point, and Lake Coeur d'Alene. Restaurants, shops, hotels, entertainment, and the lake are within walking distance. The zoning designation is CDA-DC.

Key Highlights

  • 3,086 square feet in a second‑floor end unit
  • Two office suites can be combined; one has six private offices and the other has three
  • Suite 201 includes a full kitchen, private bathroom, and locked storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,426
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520 $668.5K
Cap Rate 7%
$477,514 $477.5K
Cap Rate 9%
$371,400 $371.4K
Market Conditions
NOI Build-Up for 3,086 SF
Gross rent
$53.7K $17.40/SF
− Vacancy
−$9.1K −$2.96/SF
EGI
$44.6K $14.44/SF
− OpEx
−$11.1K −$3.61/SF
NOI
$33.4K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520
Cap Rate 7%
$477,514
Cap Rate 9%
$371,400

Alternative Uses

Best Use
Office B
$477.5K
$417.8K – $557.1K (±1% cap)
NOI $33,426 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$669.4K
$585.8K – $781.0K (±1% cap)
NOI $46,860 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Champion Home Loans Loan Service Coeur d'Alene North ... Condominium Complex Intermountain Network Engineer Engineer Acquisition Services Real Estate Agency Hairdresser Hair Salon

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Butcher Plumbing Service Florist Tech Support Center

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

2
Office units

Location Intelligence

Trade Area within ½ mile

1,886
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - An elevator-served second-floor office includes private work areas, kitchen facilities, and porches facing City Park and Lake Coeur d'Alene.
Where is this office unit located?
The property is located at 301 N 1st St Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 3,086 square feet in a second‑floor end unit; Two office suites can be combined; one has six private offices and the other has three; Suite 201 includes a full kitchen, private bathroom, and locked storage
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