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    Mixed-Use Property with Ground Retail Title is generated by Realmo AI

    6236 W MAINE St, Spirit Lake, ID 83869

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    For Sale
    $640,000

    COMMERCIAL - Spirit Lake, ID

    Property size:
    4,325 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $147/SF
    Added:
    Jan 2, 2026
    Days on Market:
    159
    Last Refresh:
    Jun 10 at 3:06 am

    Property Features for 6236 W MAINE St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COM
    Rooms
    Basement
    Interior features
    Storage
    Basement
    Unfinished
    Standard status
    Active
    APN
    S45000170050
    Size
    4,325 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SPIRIT LAKE, LT 5 BLK 17 Section 05 Township 53N Range 04W
    Tax Annual Amount
    2380

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1905
    Building materials
    Cement Block, Block, Brick
    Roof type
    Rubber, Tar/Gravel
    Architectural style
    Other
    Additional Structures
    Storage

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    Listing Contact
    Thomas J Barnhart

    Listing agent Thomas J Barnhart License #SP28263

    Listing office Keller Williams Realty Coeur d'Alene 3931 N Schreiber Way, Coeur d 039 Alene, ID

    Listing date Jan 2, 2026

    MLS# 26-85

    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.

    HighLights

    • 4‑unit mixed‑use property on Spirit Lake’s Historic Main Street: 1 ground‑floor commercial space and 3 residential apartments
    • Commercial and residential setup with separate utilities to help minimize owner expenses
    • Water source is public and sewer is public sewer
    • Recent updates include a newer roof and fresh paint
    • Year built 1905 with cement block, block, and brick construction
    • Heating includes electric baseboard; roof is rubber and tar/gravel

    Overview

    This for-sale mixed-use property consists of four total units: one ground-floor commercial space and three residential apartments. The building size is listed at 4,325 square feet on a 0.08-acre lot. Recent updates include a newer roof and fresh paint, supporting a ready-to-operate tenancy for both the retail and residential components. Separate utilities help minimize owner expenses.

    Located at 6236 W MAINE St in Spirit Lake, on the area’s Historic Main Street, the property is described as being one block from the lake. The ground-floor commercial space is positioned for high-visibility Maine Street presence, while all units are currently occupied.

    For tenants and buyers looking for a compact mixed-use setup, this arrangement offers on-site diversification with retail on the street level and residential above. The separate utility configuration can simplify budgeting and operations compared to buildings without individual utility separation. With both the commercial and residential units in place and occupied, the property provides immediate income-producing use across the full building while continuing to benefit from its walkable Main Street setting.

    Local Financial Insights For Mixed Use

    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 $77.9k $18.00
    − Vacancy −$5.4k −$1.26
    EGI $72.4k $16.74
    − OpEx −$27.2k −$6.28
    NOI $45.3k $10.46
    4,325 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $646.4K
    $565.6K – $754.2K (±1% cap)
    NOI $45,250 @ 7.0% cap · market cap 7.07%
    Second Best
    Retail
    $622.8K
    $545.0K – $726.6K (±1% cap)
    NOI $43,596 @ 7.0% cap · market cap 6.81%
    Theoretical Best
    Office A
    $938.2K
    $820.9K – $1.09M (±1% cap)
    NOI $65,674 @ 7.0% cap · market cap 10.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Thunder Ridge Productions Textile Manufacturer

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Hair Salon Auto Repair Shop Pharmacy Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.870678
    Latitude
    47.964987

    FAQs

    What type of property is this?
    Mixed-use property - Four-unit building combines ground-floor retail with three apartments and separate utilities for reduced owner expenses.
    Where is this mixed-use property located?
    The property is located at 6236 W MAINE St Spirit Lake, ID.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: 4‑unit mixed‑use property on Spirit Lake’s Historic Main Street: 1 ground‑floor commercial space and 3 residential apartments; Commercial and residential setup with separate utilities to help minimize owner expenses; Water source is public and sewer is public sewer
    More about this property
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