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Historic Warehouse Buildings with Elevator
For Sale
$685,000

524 Bank St, Wallace, ID 83873

COMMERCIAL - Wallace, ID

Property Size19,350 SF
Lot Size0.35 Acres
Price / SF$35.40
Days on Market119

Property Features for 524 Bank St

General Information

Property type Commercial Sale
Property subtype Other
Zoning WA-Wallace
Rooms Basement
Interior features Elevator, Tile/Stone Flooring
Exterior features Lighting, Handicap Access
Basement Unfinished
Accessibility Accessible Elevator Installed, Accessible Approach with Ramp
Subdivision Wallace Townsite
Lot features Corner Lot, Level, Alley Access
View City
Directions I90 E to Exit 62, R on Harry Magnuson Way, L on Sixth. Buildings on corner of Sixth and Bank St.
Standard status Active
APN RPB0050020022AA
Size 19,350 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See Exhibit A
Tax Annual Amount 10047
Legal Description See Exhibit A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1890
Flooring type Hardwood
Building materials Brick, Concrete, Frame, Steel Frame
Roof type Rubber
Architectural style Other
Listing Agency: The Real Estate Shop North Idaho
Listed By: Rob Crump · License #SP49443
Added: May 4 Changed: Aug 5 Last Checked: Aug 30 at 4:06PM
MLS# 26-4380

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.

Two adjoining historic warehouse buildings are offered at the corner of Sixth and Bank in the heart of Wallace’s National Register Historic District, with almost 20,000 square feet of combined space. The 1890 Queen Anne White & Bender Building includes original terrazzo flooring, a pressed metal turret, and beveled glass transoms. The 1891 Aulbach Building is described as a former print shop and warehouse and includes dedicated parking in the back.

Both buildings are fully gutted and offered as-is, creating a rehabilitation opportunity for new improvements. Interior features include an elevator and tile/stone flooring, with hardwood flooring also noted. Accessibility includes an accessible elevator installed and an accessible approach with a ramp, and exterior features include lighting and handicap access. Construction materials listed include brick, concrete, frame, and steel frame. Heating is electric, and cooling is provided by wall unit(s).

Water service is public, and sewer is public sewer. The property is listed at 0.35 acres and was built in 1890. Wallace city code allows for residential uses in the downtown core, and properties within the historic district may qualify for the federal Historic Preservation Tax Credit.

Key Highlights

  • Two adjoining historic warehouse buildings in Wallace’s National Register Historic District
  • Almost 20,000 SF of combined space
  • 1890 Queen Anne White & Bender Building with original terrazzo flooring and pressed metal turret

Property Analytics

Current Use

Warehouses

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.

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Two adjoining historic warehouse buildings with public utilities, dedicated back parking, and accessible elevator and ramp approach.
Where is this warehouse located?
The property is located at 524 Bank St 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 warehouse buildings in Wallace’s National Register Historic District; Almost 20,000 SF of combined space; 1890 Queen Anne White & Bender Building with original terrazzo flooring and pressed metal turret
More about this property
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