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    Mixed-Use Main Street Building Title is generated by Realmo AI

    6236 W MAINE St, Spirit Lake, ID 83869

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    Claim this Listing
    New
    For Sale
    $640,000

    COMMERCIAL - Spirit Lake, ID

    Property size:
    4,325 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $147/SF
    Added:
    Jul 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 3 at 12:06 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
    2025
    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
    Tar/Gravel, Rubber
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    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 Jul 1, 2026

    MLS# 26-6787

    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
    • Recent updates include a newer roof and fresh paint
    • Separate utilities for the units help minimize owner expenses
    • Public water and public sewer service
    • Building features include cement block, block, and brick construction; basement level; interior storage
    • Heating includes baseboard electric; roof is rubber and tar/gravel

    Overview

    This mixed-use property is configured as a four-unit building with one ground-floor commercial space and three residential apartments. Updates referenced in the listing include a newer roof and fresh paint. The property is described as having separate utilities for the units, helping to minimize shared expenses for the owner.

    Located on W Maine St in Spirit Lake, the building is positioned on the city’s Main Street. The listing also states it is about one block from the lake, placing the property near local recreational demand. All units are currently occupied, with the listing describing low turnover in the area’s rental market.

    For tenants and operators looking for mixed-use income in a single asset, the layout supports both retail/office-style use at street level and housing above. The presence of three apartments alongside the commercial space may appeal to users who want convenient on-site residential tenants while maintaining a separate commercial component. With separate utilities and recently completed exterior updates noted, the building may be attractive to buyers seeking an income-producing property that is already under tenancy.

    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

    Auto Parts Store Pharmacy Storage Facility Food Market Accounting Firm Discount Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bed & Breakfast Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.870667
    Latitude
    47.964922

    FAQs

    What type of property is this?
    Mixed-use property - Four occupied units combine a ground-floor commercial space with three residential apartments and separate utilities.
    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; Recent updates include a newer roof and fresh paint; Separate utilities for the units help minimize owner expenses
    More about this property
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