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

    6236 W MAINE St, Spirit Lake, ID 83869

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    New
    For Sale
    $640,000

    MULTI_FAMILY - 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 1:06 am

    Property Features for 6236 W MAINE St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    COM
    Bedrooms
    6
    Rooms
    Bathroom 1, Basement, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 2
    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
    Number of units
    4
    Building materials
    Cement Block, Block, Brick
    Roof type
    Rubber, Tar/Gravel
    Architectural style
    Other

    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# 26-6786 Listing URL

    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
    • Commercial space with Maine Street presence
    • Separate utilities for the units to help minimize owner expenses
    • Public utilities: public water and public sewer
    • Construction materials include brick, block, and cement block; roof types include rubber and tar/gravel

    Overview

    This mixed-use building offers four total units: one ground-floor commercial space and three residential apartments. The property has been updated with a newer roof and fresh paint, supporting a clean, ready-to-rent presentation. Separate utilities are in place to help distinguish operating costs across the commercial and residential components.

    Located at 6236 W MAINE St, Spirit Lake, Idaho, the property sits on Historic Main Street. It is listed as a 4-unit investment property with the commercial space providing Main Street frontage and the residential apartments positioned above.

    For tenants and operators seeking a streamlined live-work income setup, this configuration can support both retail-oriented occupancy and rental housing within the same building. With all units noted as currently occupied, prospective buyers may find it well suited for those who prefer to acquire a stabilized mixed-use asset rather than a repositioning project. The zoning is listed as COM.

    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-unit mixed-use building with ground-floor commercial space and three residential apartments, updated with a newer roof and fresh paint.
    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; Commercial space with Maine Street presence
    More about this property
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