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Convenience Store With Apartment
For Sale
$750,000
Pending

34135 N Main St, Bayview, ID 83803

Commercial Sale, Split Entry, Bayview, ID

Property Size3,384 SF
Lot Size0.15 Acres
Days on Market49

Property Features for 34135 N Main St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Interior features Storage, High Speed Internet, Mini-Split A/C, Phone Prewired
Exterior features Lighting, Handicap Access
Basement None
Accessibility Accessible Approach with Ramp
Subdivision Bayview
Lot features Open Lot, Level
View Lake, Territorial
Directions From CDA - US-95 N to Exit 449 take R on ID-54 E take 2nd exit to stay on ID-54 E to Bayview Mercantile on L
Standard status Pending
APN B0999022005A
Size 3,384 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Bayview, Lt 5,6 Block 22 3454N02w
Tax Annual Amount 937
Legal Description Bayview, Lt 5,6 Block 22 3454N02w

Utilities

Sewer type Septic Tank
Heating system Pellet Stove, Electric (Heating), Forced Air

Amenities

balcony

Building Details

Year built 1947
Building materials Wood Siding, Asbestos, Fiber Cement, Lap Siding, Frame
Roof type Rubber, Composition
Architectural style Other
Additional Structures Storage
Listing Agency: Heart and Homes Northwest Realty
Listed By: Will & Laura Realty · License #SP46329/SP46307
Added: Aug 28 Changed: Oct 8 Last Checked: Oct 15 at 4:06AM
MLS# 26-8876

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 Bayview commercial property combines a convenience store with an upstairs apartment on a 0.15-acre parcel. The retail area measures 2,304 square feet and includes merchandise inventory, shelving, display racks, freezers, coolers, a walk-in beverage cooler, register, security equipment, and a firewood box. The building has received updates to the paint, siding, electrical system, insulation, roof, and windows.

The 1,080-square-foot apartment contains two bedrooms, one bathroom, and an outdoor balcony oriented toward the lake and town docks. Additional features include storage, high-speed internet, mini-split A/C, phone prewiring, lighting, handicap access, and a ramped approach. Built in 1947, the property has commercial zoning and uses septic service.

Key Highlights

  • 2,304‑square‑foot convenience store with current merchandise inventory and equipment
  • 1,080‑square‑foot upstairs apartment with 2 bedrooms and 1 bathroom
  • 0.15‑acre parcel at 34135 N Main St, Bayview, ID 83803

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,967
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,340 $779.3K
Cap Rate 7%
$556,671 $556.7K
Cap Rate 9%
$432,967 $433.0K
Market Conditions
NOI Build-Up for 3,384 SF
Gross rent
$54.0K $15.96/SF
− Vacancy
−$2.1K −$0.61/SF
EGI
$52.0K $15.35/SF
− OpEx
−$13.0K −$3.84/SF
NOI
$39.0K $11.52/SF
Area
Kootenai County, ID
Vacancy
3.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,340
Cap Rate 7%
$556,671
Cap Rate 9%
$432,967

Alternative Uses

Best Use
Specialty Retail
$556.7K
$487.1K – $649.5K (±1% cap)
NOI $38,967 @ 7.0% cap · market cap 5.20%
Second Best
Mixed Use
$505.8K
$442.6K – $590.1K (±1% cap)
NOI $35,405 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$734.1K
$642.3K – $856.4K (±1% cap)
NOI $51,385 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Restaurant Food Market

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
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby
Well-served
Demand for This Use

Demographics for 83803, ID

764
Population
642
Households
1.2
Avg Household Size
57
Median Age
51%
College-Educated
100%
High-School Grad
125.0 sq mi
ZIP Area
6
Density / Sq Mi
$59,307
Median Household Income
$38,472
Median Earnings
$661,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bayview Mercantile — 34135 N Main Ave, Bayview, ID 83803

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Commercially zoned village property includes operating retail improvements, merchandise, equipment, and an upstairs residential apartment.
Where is this grocery and convenience store located?
The property is located at 34135 N Main St Bayview, ID.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,304‑square‑foot convenience store with current merchandise inventory and equipment; 1,080‑square‑foot upstairs apartment with 2 bedrooms and 1 bathroom; 0.15‑acre parcel at 34135 N Main St, Bayview, ID 83803
More about this property
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