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    1221 Ironwood Dr Coeur d'Alene, ID 83814

    Sponsored
    For Lease
    $16 SF/Yr

    Multi-tenant office suites, prime location.

    Lot size:
    28,224 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, Class B office building, totaling 28,224 square feet, presents a unique investment opportunity in Coeur d'Alene's thriving Ironwood Medical Corridor. Situated on a 2.27-acre lot between Northwest Blvd and Highway 95, this property enjoys unparalleled access to Riverstone Village and the Kootenai Health Campus, ensuring high visibility and convenient access for tenants and clients. Built in 1996, the single building offers a variety of suite sizes, ranging from 1,615 to 9,085 square feet, accommodating diverse business needs. Currently configured as a multi-tenant property, it caters to traditional office, medical office, and coworking spaces. Ample parking is available for tenants and visitors. The building is zoned C-17 and located in Kootenai County. Leases are full-service, excluding tenant-specific interior janitorial services, providing a streamlined and cost-effective solution for occupants. This well-maintained property boasts a desirable tenant mix, reflecting its prime location and attractive features. The absence of elevators should be noted. This presents a strong opportunity for investors seeking a stable, multi-tenant income stream in a high-demand area.

    Property Features for 1221 Ironwood Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,224 SF
    Class
    B
    Total Rate
    39513.6

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 104
    Size
    2,400 SF
    Rate per SF
    $16
    Space
    Suite 105
    Size
    1,615 SF
    Rate per SF
    $16
    Space
    Suite 104,105
    Size
    4,015 SF
    Rate per SF
    $16
    Space
    Suite 100,102,104,105
    Size
    9,085 SF
    Rate per SF
    $16
    Space
    Suite 100
    Size
    0 SF
    Rate per SF
    $16
    Space
    Suite 102
    Size
    2,382 SF
    Rate per SF
    $16
    Space
    Suite 100,102
    Size
    5,070 SF
    Rate per SF
    $16

    HighLights

    • 28,224 square foot office building on a 2.27‑acre lot.
    • Class B, two‑story building constructed in 1996.
    • Multi‑tenant property with seven available suites ranging from 1,615 to 9,085 square feet.
    • Located in Coeur d'Alene's Ironwood Medical Corridor, near Northwest Blvd and Highway 95.
    • Full‑service leases (excluding tenant janitorial).
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Blue Coffee ... Coffee Shop Evans Insurance Insurance Agency Webbzie Website Designer Heritage Health - 1221 ... Community Health Centre Auburn Crest Hospice Hospice

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d'Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.80287299332
    Latitude
    47.697650446118

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    FAQs

    What type of property is this?
    Coworking space - Multi-tenant office suites, prime location.
    Where is this coworking space located?
    The property is located at 1221 Ironwood Dr Coeur d'Alene, ID.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 28,224 square foot office building on a 2.27-acre lot.; Class B, two-story building constructed in 1996.; Multi-tenant property with seven available suites ranging from 1,615 to 9,085 square feet.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 Ironwood Dr Coeur d'Alene, ID 83814
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