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611 E Seltice Way, Post Falls, ID, 83854
Turnkey Bar & Grill Corner

611 E Seltice Way Post Falls, ID 83854

For Sale
$1,695,000

COMMERCIAL - Post Falls, ID

Property Size6,751 SF
Lot Size1.09 Acres
Price / SF$251.07
Days on Market94

Property Features for 611 E Seltice Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning PF-CCS
Security features Security System
Interior features Storage, Cable Internet Available, High Speed Internet, Satellite, Handicap Restrooms
Exterior features Lighting, Handicap Access
Basement None, Crawl Space
Accessibility Accessible Approach with Ramp
Standard status Active
APN P5700003001A
Size 6,751 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Moeller Add To Pf, Lts 1, 2, 3, 7, 8, Ptn Vac Alley Block 3, Ptn Vac Rws & Vac Alley Pf Downtown Urd 2022 0350N05w
Tax Annual Amount 6923

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1960
Building materials Wood Siding, Aluminum Siding, Stone, Frame
Roof type Aluminum, Composition
Architectural style Other
Additional Structures Storage
Listing Agency: Windermere/Coeur d'Alene Realty Inc
Listed By: Josh Suhr · License #SP31054
Added: Apr 28 Changed: Jul 28 Last Checked: Jul 30 at 12:06AM
MLS# 26-4083

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.

A turnkey bar and grill offered for sale on a high-visibility corner lot. The property totals 6,751 square feet and is divided into two revenue-generating spaces: a 2,382 SF full-service restaurant and a 4,369 SF bar. The site includes ample parking and provides distinct areas for dining and bar operations.

Located along Seltice Way in Post Falls, the offering benefits from its placement on one of the area’s most traveled commercial corridors, with an average traffic count of 17,000 daily (per the provided remarks). The property is zoned PF-CCS.

With two separate spaces under one ownership, the building layout supports maintaining the current operating setup or adjusting use between the restaurant and bar portions, subject to applicable requirements.

Key Highlights

  • Bar and grill on a high‑visibility corner lot along Seltice Way in Post Falls with average traffic of 17,000 vehicles daily
  • Approximately 1‑acre property with 6,751 total SF across two revenue‑generating spaces: 2,382 SF restaurant and 4,369 SF bar
  • Well‑established full‑service restaurant plus separate bar space within the same building for flexible operations

Financial Insights For Specialty Retail

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 $107.7k $15.96
− Vacancy −$4.1k −$0.61
EGI $103.7k $15.35
− OpEx −$25.9k −$3.84
NOI $77.7k $11.52
6,751 SF · lease $15.96/SF/yr · vacancy 3.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.11M
$971.7K – $1.30M (±1% cap)
NOI $77,739 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,513 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

The Falls Club Bar & Pub

Suggested Use

Top Pick Law Firm HVAC Service Computer & Electronic Repair Barber Shop (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey bar and grill on a high-visibility corner lot with two revenue spaces totaling 6,751 SF.
Where is this conventional restaurant located?
The property is located at 611 E Seltice Way Post Falls, ID.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Bar and grill on a high‑visibility corner lot along Seltice Way in Post Falls with average traffic of 17,000 vehicles daily; Approximately 1‑acre property with 6,751 total SF across two revenue‑generating spaces: 2,382 SF restaurant and 4,369 SF bar; Well‑established full‑service restaurant plus separate bar space within the same building for flexible operations
More about this property
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