Four-Unit Mixed-Use
For Sale
$634,500
6276 W MAINE St, Spirit Lake, ID 83869
MultiFamily, 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
Residential Multi Family
Property subtype
Other
Zoning
COM
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2
Interior features
Cable Internet Available, High Speed Internet
Basement
Crawl Space
Subdivision
Spirit Lake
Lot features
Open Lot, Level
View
City, Territorial
Elementary school district
Lakeland - 272
Middle school district
Lakeland - 272
High school district
Lakeland - 272
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
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1910
Number of units
4
Building materials
Cement Block, Brick, Block
Roof type
Metal
Architectural style
Other
Listing Agency:
Keller Williams Realty Coeur d'Alene
(208) 667-2399
Listed By:
Thomas J Barnhart · License #SP28263
(208) 660-5785
Added: Jul 1
Changed: Sep 12
Last Checked: Oct 7 at 1:06AM
MLS# 26-6783
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 3,596-square-foot mixed-use property contains four occupied units: one commercial space at ground level and three residential apartments above or within the building. Built in 1910, the structure features cement block and brick construction, a metal roof, baseboard electric heat, and separate utilities for the units. Recent property updates include a newer roof and fresh interior paint.
Located at 6276 W MAINE St in Spirit Lake, the building fronts Maine Street and sits one block from the lake. The property is served by public water and public sewer, with cable availability and high-speed internet access. COM zoning supports its documented combination of commercial and residential occupancy.
Located at 6276 W MAINE St in Spirit Lake, the building fronts Maine Street and sits one block from the lake. The property is served by public water and public sewer, with cable availability and high-speed internet access. COM zoning supports its documented combination of commercial and residential occupancy.
Key Highlights
- Four‑unit configuration with 1 commercial space and 3 residential apartments
- 3,596 square feet on a 0.08‑acre lot
- 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
NOI $37,623 @ 7.0% cap · market cap 5.93%
Second Best
Retail
$517.8K
$453.1K – $604.1K
NOI $36,248 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$780.1K
$682.6K – $910.1K
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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Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with three residential apartments in a blended-use configuration.
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 configuration with 1 commercial space and 3 residential apartments; 3,596 square feet on a 0.08‑acre lot; All units currently occupied
