Single-Level Medical Office
For Sale
$595,000
902 Lincoln Way, Coeur d Alene, ID 83814
Commercial Sale, Single Level, Coeur d'Alene, ID
Property Size2,700 SF
Lot Size0.19 Acres
Price / SF$220.37
Days on Market92
Property Features for 902 Lincoln Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CDA-C17
Rooms
Basement
Security features
Security System
Interior features
Handicap Facility, Handicap Restrooms, Phone Prewired, Tile/Stone Flooring
Exterior features
Lighting
Basement
None
Accessibility
Accessible Approach with Ramp
Subdivision
Forest Heights
Lot features
Sloped, Corner Lot
View
City, Territorial
Directions
Driving south on Highway 95, keep straight as it turns into Lincoln Way; building is on corner of Lincoln Way, Idaho Ave and Milwaukee Drive on the left.
Standard status
Active
APN
C3510006005A
Size
2,700 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Forest Heights, Lt 5 Block 6 Ex Rw 1450N04w
Tax Annual Amount
3567
Legal Description
Forest Heights, Lt 5 Block 6 Ex Rw 1450N04w
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Heat Pump (Heating), Forced Air
Water source
Public
Building Details
Year built
1955
Building materials
T1-11, Cement Block, Concrete
Roof type
Rubber
Architectural style
Other
Listing Agency:
Kiemle Hagood
(208) 770-2590
Listed By:
Craig Hunter · License #AB23315
(208) 929-2929
Added: Jul 21
Changed: Oct 8
Last Checked: Oct 20 at 7:06PM
MLS# 26-7511
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.
Located at 902 Lincoln Way in Coeur d'Alene, this 2,700-square-foot medical office property occupies a 0.19-acre corner lot. The single-level building dates to 1955 and has undergone multiple remodels. Its existing configuration includes a reception area, two private exam rooms, a surgical area, and kennels, supporting its current veterinary clinic use.
The property has newer HVAC systems, a rubber membrane roof, and paved parking with 10 stalls. Public water and sewer serve the site, while accessibility features include a ramped approach and handicap facilities. The current tenant operates under an NNN arrangement and is scheduled to leave in 2027, providing a defined occupancy timeline for future planning.
The property has newer HVAC systems, a rubber membrane roof, and paved parking with 10 stalls. Public water and sewer serve the site, while accessibility features include a ramped approach and handicap facilities. The current tenant operates under an NNN arrangement and is scheduled to leave in 2027, providing a defined occupancy timeline for future planning.
Key Highlights
- 2,700‑square‑foot building on a 0.19‑acre corner lot
- Existing layout includes reception, two private exam rooms, surgical area, and kennels
- Built in 1955 with multiple remodels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,469
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,380
$629.4K
Cap Rate 7%
$449,557
$449.6K
Cap Rate 9%
$349,656
$349.7K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$56.7K $21.00/SF
− Vacancy
−$4.3K −$1.58/SF
EGI
$52.4K $19.43/SF
− OpEx
−$21.0K −$7.77/SF
NOI
$31.5K $11.66/SF
Area
Kootenai County, ID
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,380
Cap Rate 7%
$449,557
Cap Rate 9%
$349,656
Alternative Uses
Best Use
Healthcare Medical
$449.6K
$393.4K – $524.5K
NOI $31,469 @ 7.0% cap · market cap 5.29%
Second Best
Office B
$417.8K
$365.6K – $487.4K
NOI $29,245 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$585.7K
$512.5K – $683.3K
NOI $40,999 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Pax Imaging, PLLC — #0, Coeur d'Alene, ID 83814
- Lake City Pet Hospital — 902 Lincoln Wy, Coeur d'Alene, ID 83814
- Justin W. Roscoe, D.V.M — 1118 n 4th st, coeur d'alene, id 83814
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical layout with reception, exam rooms, surgical space, kennels, and paved on-site parking.
Where is this medical office space located?
The property is located at 902 Lincoln Way Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,700‑square‑foot building on a 0.19‑acre corner lot; Existing layout includes reception, two private exam rooms, surgical area, and kennels; Built in 1955 with multiple remodels
