NNN Commercial Investment
New
For Sale
$699,000
723 Pine, Sandpoint, ID 83864
Two buildings provide medical office and commercial kitchen space with leases in place.
Property Size1,350 SF
Price / SF$517.78
Days on Market2
Property Features for 723 Pine
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,874
Amenities
Garage: Paved
Garage Spaces: 1
3.00
Paved
1
Building Details
Year Built
1910
Listing Agency:
Silvercreek Realty Group, LLC
Listed By:
Matthew C Erickson · License #SP57398
(208) 946-8278
Source:
Clearwaterproperties
Added: Sep 9
Last Checked: Sep 9 at 3:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group, LLC
Investment Insights
Based on property information with market context.
Located at 723 Pine Street in Sandpoint, this NNN commercial property includes two commercially zoned buildings occupied under separate leases. Unit A contains a 1,350 SF medical office with a lease extending through July 2030 and annual rent increases. Unit B provides approximately 1,000 SF of commercial kitchen space, creating a second leased component.
The property has received several significant capital improvements, including a major remodel in 2012, roof replacement in 2023, and new HVAC installed in 2024. Both leases are structured as NNN, and the property reports a current cap rate of 5.70%. Off-street parking and an in-town Sandpoint address add practical operating features for the existing commercial uses.
The property has received several significant capital improvements, including a major remodel in 2012, roof replacement in 2023, and new HVAC installed in 2024. Both leases are structured as NNN, and the property reports a current cap rate of 5.70%. Off-street parking and an in-town Sandpoint address add practical operating features for the existing commercial uses.
Key Highlights
- Two commercially zoned buildings with separate NNN leases
- 1,350 SF medical office leased through July 2030
- Approximately 1,000 SF commercial kitchen space
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
Demographics for 83864, ID
19,414
Population
9,909
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
93%
High-School Grad
402.2 sq mi
ZIP Area
48
Density / Sq Mi
$68,595
Median Household Income
$34,326
Median Earnings
$1,136
Median Rent
$474,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Two buildings provide medical office and commercial kitchen space with leases in place.
Where is this nnn property located?
The property is located at 723 Pine Sandpoint, ID.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two commercially zoned buildings with separate NNN leases; 1,350 SF medical office leased through July 2030; Approximately 1,000 SF commercial kitchen space
