Property profile

316 N 2Nd Ave Sandpoint, ID 83864

FOR SALE
Commercial real estate
Property ID
US27-1020014
8,187 SF 0.11 ac lot Built 1936
Entity Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional downtown Bonner County office building presents a unique opportunity for businesses seeking versatile and conveniently located space. The two-story, 5,000 square foot building offers multiple suites currently available for lease, ranging in size from 718 to 2,675 square feet. Each suite is offered on a full-service basis, simplifying budgeting and management. Suite A, a substantial 2,675 square foot space (plus 655 square feet of shared common area), is available at $1.25 per square foot per month ($3,343.75 modified gross). Three additional suites on the lower level offer more compact options: Suite C (830 square feet) at $1.00 per square foot per month ($830 full service), Suite D (917 square feet) at $1.00 per square foot per month ($917 full service), and Suite E (718 square feet) at $1.00 per square foot per month ($718 full service). The building does not include elevators and parking is street parking only. This prime location offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses. Act quickly, as these spaces are in high demand. The building is located in Bonner County.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1936
Total area 8,187 SF
Lot 0.11 ac (4,792 SF)
APN RPS013102506A0A
UPID US27-1020014

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

316 N 2Nd Ave Sandpoint, ID 83864
Sandpoint metro Census 950300 SANDPOINT, ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message