Flex Space with Shared
For Sale
$115,000
6-4415 W Grange Ave, Post Falls, ID 83854
Commercial condominium offers workshop or storage utility, electrical service, man-door entry, and access to shared amenities.
Property Size900 SF
Price / SF$127.78
Days on Market38
Property Features for 6-4415 W Grange Ave
General Information
Standard status
Active
Size
900 SF
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$722
Amenities
shared clubhouse
TVs
WiFi
bathrooms
meeting room
full kitchen
bar
outdoor pavilion
BBQ
fire pit
Listing Agency:
Pearl Realty, LLC
(208) 762-5500
Listed By:
Joel Pearl · License #DB29302
(208) 762-5500
Source:
Exprealty
Added: Jun 30
Changed: Aug 2
Last Checked: Aug 2 at 4:39AM
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 Pearl Realty, LLC
Investment Insights
Based on property information with market context.
This commercial condo provides a 20' x 45' flex space configured for storage or workshop use. The unit includes a 14' x 14' insulated garage door, a separate man-door entry, and available electrical service.
Shared amenities extend beyond the unit through a furnished clubhouse with televisions, WiFi, bathrooms, a meeting room, full kitchen, and bar. An outdoor pavilion includes a BBQ and fire pit. The property is located at 6-4415 W Grange Ave in Post Falls, Idaho.
Shared amenities extend beyond the unit through a furnished clubhouse with televisions, WiFi, bathrooms, a meeting room, full kitchen, and bar. An outdoor pavilion includes a BBQ and fire pit. The property is located at 6-4415 W Grange Ave in Post Falls, Idaho.
Key Highlights
- 20' x 45' commercial condo suited for storage or workshop use
- 14' x 14' insulated garage door
- Separate man‑door entry and electrical service available
Financial Insights For Warehouse
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 | $8.1k | $9.00 |
| − Vacancy | −$421 | −$0.47 |
| EGI | $7.7k | $8.53 |
| − OpEx | −$1.2k | −$1.28 |
| NOI | $6.5k | $7.25 |
900 SF · lease $9.00/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$93.2K
$81.6K – $108.8K
NOI $6,527 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$76.8K
$67.2K – $89.6K
NOI $5,375 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$195.2K
$170.8K – $227.8K
NOI $13,666 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83854, ID
49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
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?
Flex space - Commercial condominium offers workshop or storage utility, electrical service, man-door entry, and access to shared amenities.
Where is this flex space located?
The property is located at 6-4415 W Grange Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 20' x 45' commercial condo suited for storage or workshop use; 14' x 14' insulated garage door; Separate man‑door entry and electrical service available
