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    19587 Riverview Dr Post Falls, ID 83854

    Sponsored
    For Sale
    $2,900,000

    Multi-use facility, expansive acreage, high potential.

    Property size:
    18,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Post Falls, Idaho property, located at 19587 W Riverview Dr, 83854, presents a rare investment opportunity. The 4.47-acre lot encompasses a diverse complex ideal for various uses. The main structure, an 11,400 square foot event center, features a reception area, multiple offices, a fully equipped banquet kitchen, a spacious dining area, restrooms, and a dedicated children's play area. Upstairs, five sizable classrooms, a large gathering room, and additional restrooms provide versatile space. A separate chapel building includes a congregation room, restrooms, and three additional rooms. The property also includes a three-bedroom, two-bathroom ranch-style home with a garage, and a 30' x 40' two-bay shop. With ample parking, the property is well-suited for large gatherings and events. Currently operating at 12% occupancy, the four buildings total 18,600 square feet. The property is zoned for rural use with conditional use permits, offering a wide range of potential applications, including event centers, wedding venues, retreat facilities, corporate retreats, schools, training centers, places of worship, or even wine tastings. Its convenient location, minutes from I-90 and the Spokane International Airport, adds to its appeal. The asking price is $2,900,000. APN: 50N05W180800.

    Property Features for 19587 Riverview Dr

    General Information

    Property type
    Schools
    Square Feet
    18,600 SF
    Lot Size
    194,713 SF

    Building Details

    Buildings
    4
    Units
    4

    HighLights

    • Exceptional 11,400 SF event center with reception area, multiple offices, banquet kitchen, dining area, restrooms, and kids' play area.
    • Upper level includes five classrooms, a large gathering room, and restrooms.
    • Chapel features a congregation room, restrooms, and three additional rooms.
    • Includes a 3‑bedroom, 2‑bathroom ranch‑style home with a garage.
    • 30' x 40' two‑bay shop.
    • 4.47‑acre lot with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Northwest Family Church ... Church

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Pharmacy Auto Parts Store Gym & Fitness Hotel & Motel Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -117.01267392426
    Latitude
    47.686766897074

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    FAQs

    What type of property is this?
    School - Multi-use facility, expansive acreage, high potential.
    Where is this school located?
    The property is located at 19587 Riverview Dr Post Falls, ID.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Exceptional 11,400 SF event center with reception area, multiple offices, banquet kitchen, dining area, restrooms, and kids' play area.; Upper level includes five classrooms, a large gathering room, and restrooms.; Chapel features a congregation room, restrooms, and three additional rooms.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    19587 Riverview Dr Post Falls, ID 83854
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