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Historic Warehouse Conversion Opportunity

524 Bank St Wallace, ID 83873

524 Bank St, Wallace, ID, 83873
$685,000
For Sale
Claim this Listing
$685,000

COMMERCIAL - Wallace, ID

Property Size19,350 SF
Lot Size0.35 Acres
Price / SF$35.40
AddedMay 4
Days on Market74
Last RefreshJul 16 at 12:06 am

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
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

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 agent Rob Crump License #SP49443

Listing office The Real Estate Shop North Idaho 414 6th St, Wallace, ID

Listing date May 4, 2026

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.

This offering includes two adjoining historic buildings in Wallace. The 1890 Queen Anne White & Bender Building includes original terrazzo flooring, a pressed metal turret, and beveled glass transoms. The 1891 Aulbach Building is a former print shop and warehouse with dedicated parking in the back. Both buildings are fully gutted and sold as-is, giving buyers a clean slate for rehabilitation.

The property is located at the corner of Sixth and Bank in the heart of Wallace’s National Register Historic District. According to Wallace city code, residential uses are allowed in the downtown core, and properties within the historic district may qualify for the federal Historic Preservation Tax Credit. Seller will carry the contract, and buyers should conduct independent due diligence regarding condition, zoning, and intended use.

Key Highlights

  • Two adjoining historic buildings with almost 20,000 sqft combined space at the corner of Sixth and Bank in Wallace’s National Register Historic District
  • 1890 Queen Anne White & Bender Building: original terrazzo flooring, pressed metal turret, and beveled glass transoms
  • 1891 Aulbach Building: former print shop/warehouse with dedicated back parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Dental Office Auto Repair Shop Electrical Service Bakery Pharmacy (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Carpet & Flooring Store Nail Salon Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Warehouse - Two adjoining historic warehouse buildings with dedicated back parking, offered fully gutted as-is for rehabilitation.
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 buildings with almost 20,000 sqft combined space at the corner of Sixth and Bank in Wallace’s National Register Historic District; 1890 Queen Anne White & Bender Building: original terrazzo flooring, pressed metal turret, and beveled glass transoms; 1891 Aulbach Building: former print shop/warehouse with dedicated back parking
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