Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Sandpoint Commercial Property Title is generated by Realmo AI

    525 Cedar St, Sandpoint, ID 83864

    View on Map
    Claim this Listing
    For Sale
    $800,000

    COMMERCIAL - Sandpoint, ID

    Property size:
    2,791 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $286/SF
    Added:
    May 5, 2026
    Days on Market:
    10
    Last Refresh:
    May 14 at 10:06 pm

    Property Features for 525 Cedar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Storage, Phone Prewired
    Basement
    None
    Standard status
    Active
    APN
    RPS013300L003BA
    Size
    2,791 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    22-57N-2W Farmins 5th Addn Blk L, W 20Ft Of Lot 3 & Portion Of Vacated Main St; Lot 4 Lincare
    Tax Annual Amount
    2758

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1995
    Building materials
    Wood Siding, Block, Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Patrick Green

    Listing agent Patrick Green License #9361677

    Listing office Realm Partners, LLC. 402 Cedar St., Sandpoint, ID

    Listing date May 5, 2026

    MLS# 26-4880

    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.

    HighLights

    • Prime downtown Sandpoint location on the iconic Cedar Street corridor.
    • Ample off‑street parking and alley access.
    • Adaptable layout suitable for retail, showroom, or professional office space.
    • Walking distance to key attractions like the Panida Theater and Hive Music venue.
    • Historic charm with large storefront windows.
    • Central Air Conditioning.

    Overview

    This commercial property is located in downtown Sandpoint on Cedar Street. The property offers off-street parking and alley access. The building features large storefront windows and historic charm. The layout is adaptable for retail, a showroom, or a professional office. It is located near the Panida Theater, the Hive Music venue, and dining options. The lot size is 0.23 acres and the property size is 2791 square feet. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lincare Production Facility

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • Buzz's Tile Marble & Masonry — Sandpoint, ID 83864
    • Sandpoint Flooring Outlet — 614 Fifth Ave, Sandpoint, ID 83864
    • Sandpoint Tile Co — 605 N Florence Ave, Sandpoint, ID 83864
    • Freedom Floor Supply — 801 Pine St suite A, Sandpoint, ID 83864

    Location Insight

    • Map
    • Local Demand
    City
    Sandpoint
    County
    Bonner
    State
    Idaho
    Longitude
    -116.554777
    Latitude
    48.275795

    Nearby Similar for Sale

    • $1,800,000
      6,436 SF

      Boutique Motel in Downtown Sandpoint

      Landmark motel with 19 units near Lake Pend Oreille.
      501 N 4th Ave, Sandpoint, ID 83864
      View Details
    • $1,495,000
      5,600 SF

      Sandpoint Commercial Property For Sale

      Turnkey investment opportunity: profitable business with purpose-built facility.
      102 S Division Ave, Sandpoint, ID 83869
      View Details
    • $299,000

      Sandpoint Gastropub Restaurant Opportunity

      Established restaurant with loyal customer base in a prime location.
      301 Cedar St, Sandpoint, ID 83864
      View Details
    • $1,495,000

      Turnkey Sandpoint Commercial Investment Opportunity

      Profitable business and purpose-built facility for sale in Sandpoint, ID.
      102 S Division Ave, Sandpoint, ID 83864
      View Details
    • $950,000
      3,174 SF

      Downtown Sandpoint Income Property

      Income-producing property near Schweitzer Mountain and Lake Pend Oreille.
      417 Pine St, Sandpoint, ID 83864
      View Details
    • $665,000
      784 SF

      Renovated Duplexes in Sandpoint Heart

      Newly renovated duplexes in Sandpoint, ideal for investment.
      1715 MAIN St, Sandpoint, ID 83864
      View Details
    • $3,000,000
      42,253 SF

      Turnkey Sandpoint Mobile Home Park

      Fully occupied mobile home park with redevelopment potential in Sandpoint.
      702 N Florence Ave, Sandpoint, ID 83864
      View Details
    • $850,000
      4,350 SF

      Income-Generating Commercial Opportunity

      Three income-generating properties in one, prime industrial location.
      1313 N Division Ave, Sandpoint, ID 83864
      View Details
    • $4,150,000
      48,000 SF

      Sandpoint Warehouse with Pallet Racking

      48,000 SqFt warehouse in excellent condition near Sandpoint Airport.
      1106 Airpark Court, Sandpoint, ID 83864
      View Details
    • $1,250,000
      3,960 SF

      Sandpoint Commercial Building with Units

      3,960 SF commercial building with three units in Sandpoint.
      1215 Michigan St, Sandpoint, ID 83864
      View Details
    • $5,400,000
      24,000 SF

      New Duplex Hangars at Airpark

      Newly built duplex hangars at Sandpoint Airpark, never used.
      1189 Woodland Drive, Sandpoint, ID 83864
      View Details
    • $850,000
      4,350 SF

      Mixed-Use Investment Opportunity

      Three income-generating properties in one, prime industrial location.
      1313 N Division Ave, Sandpoint, ID 83864
      View Details

    FAQs

    What type of property is this?
    Showroom - Commercial property in downtown Sandpoint with parking and alley access.
    Where is this showroom located?
    The property is located at 525 Cedar St Sandpoint, ID.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Prime downtown Sandpoint location on the iconic Cedar Street corridor.; Ample off‑street parking and alley access.; Adaptable layout suitable for retail, showroom, or professional office space.
    (208) 290-3612
    We can help!
    Listing Contact
    Patrick Green
    Real Estate License ID: 9361677
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    525 Cedar St, Sandpoint, ID 83864
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!