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Mixed-Use Property with Retail Space
New
For Sale
$4,900,000

600 Cedar St, Wallace, ID 83873

Commercial Sale, Multi Level, Wallace, ID

Property Size22,924 SF
Lot Size0.14 Acres
Price / SF$213.75
Days on Market3

Property Features for 600 Cedar St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed Use
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Basement, Bathroom 2
Security features Security System
Interior features Storage, Cable Internet Available, DSL Available, High Speed Internet, Satellite, 3 Phase Power, Moveable Walls, Phone Prewired, Tile/Stone Flooring
Exterior features Lighting, Handicap Access
Accessibility Accessible Approach with Ramp
Subdivision Wallace Townsite
Lot features Corner Lot, Level, Southern Exposure, Alley Access
View Territorial, City
Directions 6th and Cedar in Wallace. Exits 61 or 62
Standard status Active
APN RPB0050022002AA
Size 22,924 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Wallace Lots 2-4, W 1/2 Of Lot 6 Blk 22 34-48-4
Tax Annual Amount 7089
Legal Description Wallace Lots 2-4, W 1/2 Of Lot 6 Blk 22 34-48-4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air, Electric (Heating)
Cooling system Central Air, Wall Unit(s)
Water source Public

Building Details

Year built 1933
Flooring type Hardwood
Building materials Wood Siding, Steel Siding, Brick, Block, Concrete, Frame
Roof type Rubber
Architectural style Other
Additional Structures Storage
Listing Agency: Kelly Right Real Estate
Listed By: Keith Boe · License #SP44091
Added: Oct 7 Last Checked: Oct 9 at 11:06PM
MLS# 26-10037

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 mixed-use property includes a restaurant, coffee shop/deli and bakery, bookstore, clothing company, and commercial condos. Additional retail space is located at street level, while undeveloped suites occupy the top floor and have a separate exterior entrance. The building dates to 1933 and sits on a 0.14-acre parcel. Mixed Use zoning is reported for the property.

Wallace is situated between Silver Mountain and Lookout Pass ski resorts. The property has public water and sewer service, with forced-air heating and central air conditioning.

Key Highlights

  • Five operating businesses include a restaurant, coffee shop/deli and bakery, bookstore, clothing company, and commercial condos
  • Additional retail space at street level
  • Undeveloped top‑floor suites have a separate outside entrance

Property Analytics

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Current Use

Blackboard Cafe Restaurant Todd's Bookstore & Coffee Restaurant Golden Eagle Mining ... Industrial Park Wallace, Idaho Music Venue Patriot National Committee Association Or Organization

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.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Wallace Ace Hardware Home Improvements & Furnishings
1,815 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five operating businesses occupy the property, with additional street-level retail and unfinished upper-floor suites.
Where is this mixed-use property located?
The property is located at 600 Cedar St Wallace, ID.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Five operating businesses include a restaurant, coffee shop/deli and bakery, bookstore, clothing company, and commercial condos; Additional retail space at street level; Undeveloped top‑floor suites have a separate outside entrance
More about this property
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