Historic Warehouse Conversion
For Sale
$685,000
524 Bank, Wallace, ID 83873
Two adjoining historic warehouse buildings offer nearly 20,000 sq ft combined and dedicated back parking for redevelopment.
Property Size19,350 SF
Price / SF$35.40
Days on Market52
Property Features for 524 Bank
General Information
Standard status
Active
Size
19,350 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,046
Amenities
Garage: Paved
0.00
Paved
Building Details
Year Built
1890
Listing Agency:
The Real Estate Shop North Idaho
(208) 771-1754
Listed By:
Rob Crump · License #SP49443
Source:
Clearwaterproperties
Added: Jul 4
Changed: Aug 24
Last Checked: Aug 23 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Shop North Idaho
Investment Insights
Based on property information with market context.
Two adjoining historic buildings provide nearly 20,000 sq ft of combined warehouse space and are being sold fully gutted and offered as-is, creating a clean slate for rehabilitation. The 1890 Queen Anne White & Bender Building retains original terrazzo flooring and features a pressed metal turret and beveled glass transoms. The 1891 Aulbach Building was a former print shop and warehouse and includes dedicated parking in the back.
The properties are located at the corner of Sixth and Bank in the heart of Wallace’s National Register Historic District. The seller notes that Wallace city code allows residential uses in the downtown core, and that properties within the historic district may qualify for the federal Historic Preservation Tax Credit. Buyer should conduct independent due diligence regarding condition, zoning, and intended use, as stated in the offering materials.
The properties are located at the corner of Sixth and Bank in the heart of Wallace’s National Register Historic District. The seller notes that Wallace city code allows residential uses in the downtown core, and that properties within the historic district may qualify for the federal Historic Preservation Tax Credit. Buyer should conduct independent due diligence regarding condition, zoning, and intended use, as stated in the offering materials.
Key Highlights
- Two adjoining historic buildings on the corner of Sixth and Bank in Wallace’s National Register Historic District.
- Almost 20,000 sq ft combined total space across the 1890 Queen Anne White & Bender Building and the 1891 Aulbach Building.
- 1890 building includes original terrazzo flooring, a pressed metal turret, and beveled glass transoms.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Two adjoining historic warehouse buildings offer nearly 20,000 sq ft combined and dedicated back parking for redevelopment.
Where is this warehouse located?
The property is located at 524 Bank Wallace, ID.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Two adjoining historic buildings on the corner of Sixth and Bank in Wallace’s National Register Historic District.; Almost 20,000 sq ft combined total space across the 1890 Queen Anne White & Bender Building and the 1891 Aulbach Building.; 1890 building includes original terrazzo flooring, a pressed metal turret, and beveled glass transoms.
