Occupied Corner Strip
For Sale
Contact for pricing
6055 Government Way, Coeur d Alene, ID 83815
Retail center includes three office-warehouse buildings and maintains full occupancy with established tenants.
Property Size13,420 SF
Price / SF$154.62
Days on Market69
Property Features for 6055 Government Way
General Information
Standard status
Active
Size
13,420 SF
Property subtype
Retail, Office, Industrial
Occupancy
100%
Additional Details
Three-Phase Power
Yes
Building Details
Buildings
4
Tenancy
Multi
Listing Agency:
Widmyer Corporation
Listed By:
Tony Mukhamediyev · License #ID
(208) 664-5081
Source:
Crexi
Added: Aug 9
Changed: Oct 2
Last Checked: Oct 14 at 10:27PM
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 Widmyer Corporation
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail strip center on Government Way includes three office-warehouse buildings positioned behind the primary retail structure. The property combines customer-facing retail space with additional commercial buildings in a single center configuration.
The site occupies a visible corner location in Coeur d'Alene, Idaho. Occupancy is reported at 100%, with established tenants holding long-term occupancy positions across the property.
The site occupies a visible corner location in Coeur d'Alene, Idaho. Occupancy is reported at 100%, with established tenants holding long-term occupancy positions across the property.
Key Highlights
- 13,420 property size
- Retail strip center on Government Way
- Three office‑warehouse buildings behind the retail center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,359
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,907,180
$2.9M
Cap Rate 7%
$2,076,557
$2.1M
Cap Rate 9%
$1,615,100
$1.6M
Market Conditions
NOI Build-Up for 13,420 SF
Gross rent
$233.5K $17.40/SF
− Vacancy
−$39.7K −$2.96/SF
EGI
$193.8K $14.44/SF
− OpEx
−$48.5K −$3.61/SF
NOI
$145.4K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,907,180
Cap Rate 7%
$2,076,557
Cap Rate 9%
$1,615,100
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.42M
NOI $145,359 @ 7.0% cap · market cap 7.01%
Second Best
Retail
$1.93M
$1.69M – $2.25M
NOI $135,274 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $203,780 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 83815, ID
39,412
Population
17,031
Households
2.3
Avg Household Size
39
Median Age
33%
College-Educated
96%
High-School Grad
15.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$77,139
Median Household Income
$39,257
Median Earnings
$1,445
Median Rent
$472,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Retail center includes three office-warehouse buildings and maintains full occupancy with established tenants.
Where is this strip mall located?
The property is located at 6055 Government Way Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 13,420 property size; Retail strip center on Government Way; Three office‑warehouse buildings behind the retail center
