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Veterinary Clinic NNN Building

902 Lincoln Way Coeur d Alene, ID 83814

New
902 Lincoln Way, Coeur d Alene, ID, 83814
$595,000
For Sale
$595,000

COMMERCIAL - Coeur d'Alene, ID

Property Size2,700 SF
Lot Size0.19 Acres
Price / SF$220.37
Days on Market2

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
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

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Heat Pump (Heating), Electric (Heating), Natural Gas
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
Listed by Craig Hunter · License #AB23315
Added: Jul 21 Checked: Jul 22 at 4:06AM
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.


Investment Insights

Based on property information with market context.

This NNN commercial property on a corner lot includes a 2,700-square-foot building originally built in 1955 that has been remodeled multiple times. The current layout supports veterinary use with a reception area, two private exam rooms, a surgical area, and kennels. Improvements include newer HVAC systems and a membrane roof. The site provides paved parking with 10 parking stalls.

The property is zoned C-17 and is currently occupied by a veterinarian clinic, with the tenant set to vacate in 2027 and move into a new building.

An additional development concept is noted for the excess land: the potential to add a small duplex.

Key Highlights

  • 0.19‑acre corner lot zoned C‑17 in Coeur d'Alene
  • 2,700 SF building built in 1955 with multiple remodels and a rubber roof
  • Current tenant: veterinarian clinic paying $45,717 annually NNN; tenant to vacate in 2027

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.7k $21.00
− Vacancy −$4.3k −$1.58
EGI $52.4k $19.43
− OpEx −$21.0k −$7.77
NOI $31.5k $11.66
2,700 SF · lease $21.00/SF/yr · vacancy 7.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$449.6K
$393.4K – $524.5K (±1% cap)
NOI $31,469 @ 7.0% cap · market cap 5.29%
Second Best
Office B
$417.8K
$365.6K – $487.4K (±1% cap)
NOI $29,245 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$585.7K
$512.5K – $683.3K (±1% cap)
NOI $40,999 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lake City Pet ... Veterinary Clinic

Suggested Use

HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Tech Support Center Butcher Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • 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
  • Pax Imaging, PLLC — #0, Coeur d'Alene, ID 83814

FAQs

What type of property is this?
Medical Office Space - Corner lot medical office built in 1955 with updated HVAC, membrane roof, and paved parking for 10 vehicles.
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: 0.19‑acre corner lot zoned C‑17 in Coeur d'Alene; 2,700 SF building built in 1955 with multiple remodels and a rubber roof; Current tenant: veterinarian clinic paying $45,717 annually NNN; tenant to vacate in 2027
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