NNN-Leased Commercial
For Sale
$699,000
723 Pine St, Sandpoint, ID 83864
Commercial Sale, Multi Level, Sandpoint, ID
Property Size1,350 SF
Lot Size0.16 Acres
Price / SF$517.78
Days on Market47
Property Features for 723 Pine St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial C-CC
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Interior features
High Speed Internet, Mini-Split A/C
Basement
Crawl Space
Lot features
Landscaped, Level
Directions
On Pine street next to State Farm
Subdivision
North (Bonner & Boundary)
Standard status
Active
APN
RPS024500C0070A
Size
1,350 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
22-57N-2W Laws 3rd Addn Blk C Lot 7 Rental Office/Converted Res Pend Oreille Midwifery
Tax Annual Amount
2875
Legal Description
22-57N-2W Laws 3rd Addn Blk C Lot 7 Rental Office/Converted Res Pend Oreille Midwifery
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1910
Building materials
Wood Siding, Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Silvercreek Realty Group, LLC
(208) 377-0422
Listed By:
Matthew C Erickson · License #SP57398
(208) 946-8278
Added: Sep 7
Changed: Oct 22
Last Checked: Oct 23 at 11:06AM
MLS# 26-9199
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.
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Investment Insights
Based on property information with market context.
The 0.16-acre property comprises two commercial buildings, one configured as a medical office and the other as a commercial kitchen. Both have NNN leases in place. The medical office lease runs through July 2030 and includes annual rent increases. Commercial C-CC zoning applies to the property.
Capital work includes a major remodel in 2012, roof replacement in 2023, and HVAC installation in 2024. The property has public water and sewer service, along with parking. Its current cap rate is 5.70%.
Capital work includes a major remodel in 2012, roof replacement in 2023, and HVAC installation in 2024. The property has public water and sewer service, along with parking. Its current cap rate is 5.70%.
Key Highlights
- Two commercial buildings with NNN leases in place
- Medical office lease extends through July 2030, with annual rent increases
- Commercial C‑CC zoning on a 0.16‑acre property
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Multi-tenant
Tenancy
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
NNN property - Two commercially zoned buildings have active NNN leases, including a medical office with annual rent increases.
Where is this nnn property located?
The property is located at 723 Pine St 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 commercial buildings with NNN leases in place; Medical office lease extends through July 2030, with annual rent increases; Commercial C‑CC zoning on a 0.16‑acre property
