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Flex Space with Fenced Lot
For Sale
$615,000

616 W Hayden Ave, Hayden, ID 83835

COMMERCIAL - Hayden, ID

Property Size2,450 SF
Lot Size0.49 Acres
Price / SF$251.02
Days on Market115

Property Features for 616 W Hayden Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Fencing Fenced
Lot features Level
View City
Directions From Hwy 95, go west on Hayden Ave, property is on your left just after you pass Shaw St
Subdivision 03 - Hayden
Standard status Active
APN H405023190AA
Size 2,450 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Hayden Lake Irr Trs Amended, N 208 Ft-E 120 Ft-Tr 190 2351N04w
Tax Annual Amount 3341
Legal Description Hayden Lake Irr Trs Amended, N 208 Ft-E 120 Ft-Tr 190 2351N04w

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Electric (Heating)
Water source Public

Building Details

Year built 1962
Building materials Aluminum Siding, Frame
Roof type Aluminum
Architectural style Other
Listing Agency: NAI Black
Listed By: KC Reese · License #SP47173
Added: Apr 10 Changed: Aug 1 Last Checked: Aug 2 at 8:06AM
MLS# 26-4625

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.

Flex space at 616 W Hayden Ave in Hayden, Idaho, set on a 0.49-acre lot with fencing in place. The building totals 2,450 square feet and was built in 1962, with an aluminum roof and construction including aluminum siding and frame materials. Heating is provided via electric and other heating sources.

The property is described as having well-located exposure and frontage along Hayden Avenue, supporting service or retail uses. The lot size is positioned for an end user who wants room for a yard, storage, or additional shop space alongside the main building.

Public utilities include public water and public sewer, helping support a wide range of day-to-day business operations.

Key Highlights

  • 0.49‑acre lot with fenced yard area
  • 2,450 SF flex space building built in 1962
  • Hayden Avenue exposure and frontage for service or retail

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 $22.1k $9.00
− Vacancy −$1.1k −$0.47
EGI $20.9k $8.53
− OpEx −$3.1k −$1.28
NOI $17.8k $7.25
2,450 SF · lease $9.00/SF/yr · vacancy 5.20% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$253.8K
$222.1K – $296.1K (±1% cap)
NOI $17,768 @ 7.0% cap · market cap 2.89%
Second Best
Industrial
$209.0K
$182.9K – $243.9K (±1% cap)
NOI $14,632 @ 7.0% cap · market cap 2.38%
Theoretical Best
Office A
$531.5K
$465.0K – $620.1K (±1% cap)
NOI $37,203 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Florist Grocery & Convenience Store Butcher

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

784
Businesses Nearby
Under-served
Demand for This Use

Demographics for 83835, ID

23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned flex space on a fenced lot with public water and public sewer.
Where is this flex space located?
The property is located at 616 W Hayden Ave Hayden, ID.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 0.49‑acre lot with fenced yard area; 2,450 SF flex space building built in 1962; Hayden Avenue exposure and frontage for service or retail
More about this property
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