Two-Story Mixed-Use Restaurant
6249 W Maine St, Spirit Lake, ID 83869
New
COMMERCIAL - Spirit Lake, ID
Type:Retail
Property size:
8,000 SFLot size:
0.16 AcresPrice / SF:
$193/SF- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 6249 W Maine St
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Commercial
- Interior features
- Handicap Facility, Handicap Restrooms
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- S4500030012A
- Size
- 8,000 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SPIRIT LAKE, LTS 12 & 13 BLK 30
- Tax Annual Amount
- 3145
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1907
- Building materials
- Brick, Block, Frame
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Tom Villelli License #SP41630 (208) 659-1821
Listing office Kiemle Hagood 1579 W Riverstone Dr Ste. 102, Coeur d'Alene, ID (208) 770-2590
Listing date Jun 9, 2026
MLS# 26-5874
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
- Historic 2‑story commercial building originally built in 1907 with brick, block, and frame construction
- Fully leased commercial property with street‑level restaurant space plus an adjacent bar/retail suite
- Second floor offers multiple office/retail suites and includes a full remodeled kitchen and three bathrooms
- Recent renovations include HVAC, plumbing, electrical, and mechanical system upgrades
- Central air cooling with forced air, electric, and natural gas heating; rubber roof
- Public water and public sewer; accessible with ramp and handicap restrooms; street parking on Maine St plus private paved parking behind via alley
Overview
This historic, fully leased two-story commercial building has been renovated in recent years with upgrades to HVAC, plumbing, electrical, and mechanical systems. The street level includes restaurant space with a commercial kitchen, along with an adjacent suite that is a well-finished bar/retail space. The second floor is configured with multiple office and retail suites and includes a full remodeled kitchen and three bathrooms.
The property is located in the heart of Spirit Lake and includes plenty of street parking on Maine St. There is also private paved parking around the back accessible from the alley. A city park sits immediately to the east.
As a mixed-use, fully leased offering, this building may appeal to buyers seeking an income-producing property with both hospitality and flex commercial space. The presence of a commercial kitchen on the street level and a second-floor kitchen supports a tenant mix that can accommodate restaurant, bar, office, and retail users within one building.
The property is located in the heart of Spirit Lake and includes plenty of street parking on Maine St. There is also private paved parking around the back accessible from the alley. A city park sits immediately to the east.
As a mixed-use, fully leased offering, this building may appeal to buyers seeking an income-producing property with both hospitality and flex commercial space. The presence of a commercial kitchen on the street level and a second-floor kitchen supports a tenant mix that can accommodate restaurant, bar, office, and retail users within one building.
Local 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 | $127.7k | $15.96 |
| − Vacancy | −$4.9k | −$0.61 |
| EGI | $122.8k | $15.35 |
| − OpEx | −$30.7k | −$3.84 |
| NOI | $92.1k | $11.52 |
8,000 SF · lease $15.96/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,121 @ 7.0% cap · market cap 5.94%
Second Best
Office B
$1.24M
$1.08M – $1.44M
NOI $86,652 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M
NOI $121,478 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Magical Massage
Alternative Medicine Practice
Mi Pueblo Authentic ...
Restaurant
All Tied Up ...
(Bike/Boat/Book/etc) Store
Nails on Point by ...
Nail Salon
Stella's Stogies
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Spirit Lake
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.870831
- Latitude
- 47.965484
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Fully renovated two-story building includes street-level restaurant space and upstairs office and retail suites.
Where is this conventional restaurant located?
The property is located at 6249 W Maine St Spirit Lake, ID.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Historic 2‑story commercial building originally built in 1907 with brick, block, and frame construction; Fully leased commercial property with street‑level restaurant space plus an adjacent bar/retail suite; Second floor offers multiple office/retail suites and includes a full remodeled kitchen and three bathrooms
