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Four-Unit Mixed-Use Property
For Sale
$634,500

6276 W MAINE St, Spirit Lake, ID 83869

Commercial Sale, Multi Level, Spirit Lake, ID

Property Size3,596 SF
Lot Size0.08 Acres
Price / SF$176.45
Days on Market99

Property Features for 6276 W MAINE St

General Information

Property type Commercial Sale
Property subtype Other
Zoning COM
Interior features Cable Internet Available, High Speed Internet
Basement Crawl Space
Subdivision Spirit Lake
Lot features Open Lot, Level
View City, Territorial
Directions North on Hwy 41, turn left onto W Maine St, property is on the left.
Standard status Active
APN S45000170110
Size 3,596 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SPIRIT LAKE, LT 11 BLK 17 05 53N 04W
Tax Annual Amount 1805
Legal Description SPIRIT LAKE, LT 11 BLK 17 05 53N 04W

Utilities

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

Building Details

Year built 1910
Building materials Cement Block, Brick, Block
Roof type Metal
Architectural style Other
Listing Agency: Keller Williams Realty Coeur d'Alene
Listed By: Thomas J Barnhart · License #SP28263
Added: Jul 1 Changed: Sep 11 Last Checked: Oct 7 at 11:06PM
MLS# 26-6784

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.

This mixed-use property contains 3,596 square feet arranged as one ground-floor commercial space and three residential apartments. The four-unit configuration is supported by separate utilities, and all units are currently occupied. Recent property updates include a newer metal roof and fresh interior and exterior paint.

Built in 1910, the building sits at 6276 W Maine St in Spirit Lake, one block from the lake. The property is zoned COM and served by public water and public sewer, with cable and high-speed internet available. Its Main Street setting combines commercial and residential functionality within a compact 0.08-acre parcel.

Key Highlights

  • Four‑unit layout with 1 ground‑floor commercial space and 3 residential apartments
  • 3,596 square feet on a 0.08‑acre parcel
  • All units currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,623
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,460 $752.5K
Cap Rate 7%
$537,471 $537.5K
Cap Rate 9%
$418,033 $418.0K
Market Conditions
NOI Build-Up for 3,596 SF
Gross rent
$64.7K $18.00/SF
− Vacancy
−$4.5K −$1.26/SF
EGI
$60.2K $16.74/SF
− OpEx
−$22.6K −$6.28/SF
NOI
$37.6K $10.46/SF
Area
Kootenai County, ID
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,460
Cap Rate 7%
$537,471
Cap Rate 9%
$418,033

Alternative Uses

Best Use
Mixed Use
$537.5K
$470.3K – $627.1K (±1% cap)
NOI $37,623 @ 7.0% cap · market cap 5.93%
Second Best
Retail
$517.8K
$453.1K – $604.1K (±1% cap)
NOI $36,248 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$780.1K
$682.6K – $910.1K (±1% cap)
NOI $54,605 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Pharmacy 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

3
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 83869, ID

5,488
Population
2,197
Households
2.5
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
65.8 sq mi
ZIP Area
83
Density / Sq Mi
$64,625
Median Household Income
$42,419
Median Earnings
$737
Median Rent
$425,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space accompanies three residential apartments.
Where is this mixed-use property located?
The property is located at 6276 W MAINE St Spirit Lake, ID.
What is the asking price?
The asking price for this property is $634,500.
What are key features of this property?
This property features: Four‑unit layout with 1 ground‑floor commercial space and 3 residential apartments; 3,596 square feet on a 0.08‑acre parcel; All units currently occupied
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