Flex Retail and Warehouse
5929 E Highway 54 Athol, ID 83801
For Sale
$499,000
COMMERCIAL - Athol, ID
Property Size2,460 SF
Lot Size0.18 Acres
Price / SF$202.85
Days on Market96
Property Features for 5929 E Highway 54
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Athol-C Comm...
- Exterior features
- Handicap Access
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- A799900B008A
- Size
- 2,460 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Watkins Add To Athol, E 60 Ft-Lt 8 Ex Rw Block B, Ptn Vac Alley 0953N03w
- Tax Annual Amount
- 1625
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Ductless (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 2003
- Building materials
- Frame, Pole
- Roof type
- Metal
- Architectural style
- Other
Listing Agency:
EXP Realty
(208) 890-7776
Listed By:
Richard Abbey · License #SP44408
(208) 755-0488
Added: Apr 21
Changed: Jul 17
Last Checked: Jul 25 at 1:06AM
MLS# 26-3762
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 for-sale commercial flex property is configured with a front retail/office area measuring 24' by 40' and a rear warehouse area measuring 30' by 40'. The warehouse provides 16' clear height and includes a 12' roll-up door. Additional mezzanine space is available for extra storage or office use. The property sits on a level lot with paved access.
The site is located directly on Highway 54 in Athol, Idaho, offering straightforward visibility and convenient access for commercial operations.
Designed for shop, warehouse, contractor, or flexible small business uses, the layout supports a practical front-to-back workflow with dedicated enclosed warehouse space and expandable mezzanine room.
The site is located directly on Highway 54 in Athol, Idaho, offering straightforward visibility and convenient access for commercial operations.
Designed for shop, warehouse, contractor, or flexible small business uses, the layout supports a practical front-to-back workflow with dedicated enclosed warehouse space and expandable mezzanine room.
Key Highlights
- Approximately 2,460 sq ft commercial building with front retail/office (24'x40') and rear warehouse (30'x40')
- Rear warehouse offers 16' clear height and a 12' roll‑up door for loading and operations
- Additional mezzanine space for extra storage and/or office use
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.8k | $17.40 |
| − Vacancy | −$7.3k | −$2.96 |
| EGI | $35.5k | $14.44 |
| − OpEx | −$8.9k | −$3.61 |
| NOI | $26.6k | $10.83 |
2,460 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$380.6K
$333.1K – $444.1K
NOI $26,645 @ 7.0% cap · market cap 5.34%
Second Best
Warehouse
$254.9K
$223.0K – $297.3K
NOI $17,840 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$533.6K
$466.9K – $622.6K
NOI $37,355 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex space includes a front retail/office area and rear warehouse with 16' clear height and a 12' roll-up door.
Where is this flex space located?
The property is located at 5929 E Highway 54 Athol, ID.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 2,460 sq ft commercial building with front retail/office (24'x40') and rear warehouse (30'x40'); Rear warehouse offers 16' clear height and a 12' roll‑up door for loading and operations; Additional mezzanine space for extra storage and/or office use
