Office Building with Conference
New
For Sale
$2,995,000
9493 N GOVERNMENT Way, Hayden, ID 83835
Commercial Sale, Office Building, Hayden, ID
Property Size8,418 SF
Lot Size0.80 Acres
Price / SF$355.79
Days on Market1
Property Features for 9493 N GOVERNMENT Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Hayden - CBD
Security features
Security System
Interior features
Storage, Cable Internet Available, DSL Available, High Speed Internet, Smart Thermostat, Phone Prewired
Exterior features
Lighting, Lawn, Sprinkler System
Basement
None
Lot features
Open Lot, Landscaped, Level
View
Territorial
Directions
N Hwy 95, E on Honeysuckle, N on Government Way to 9493 N Government Way
Subdivision
03 - Hayden
Standard status
Active
APN
H405023187AJ
Size
8,418 SF
Lot size
0.80 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2025
Tax Description
HAYDEN LAKE IRR TRS AMENDED, TAX#3213, TAX#3824 IN TR 187 HAYDEN URD 2005 Section 23 Township 51N Range 04W
Tax Annual Amount
5311
Legal Description
HAYDEN LAKE IRR TRS AMENDED, TAX#3213, TAX#3824 IN TR 187 HAYDEN URD 2005 Section 23 Township 51N Range 04W
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
conference rooms
full kitchen with bar
golf simulator room
lobby with reception area
Building Details
Year built
2020
Building materials
Hardboard, Frame, Steel Frame
Roof type
Rubber
Architectural style
Other
Additional Structures
Storage
Buildings
1
Listing Agency:
Pearl Realty, LLC
Listed By:
Joel Pearl · License #DB29302
(208) 762-5500
Added: Oct 26
Last Checked: Oct 26 at 7:06PM
MLS# 26-10500
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.
Completed in 2020, this 8,418-square-foot office building sits on a 0.8-acre parcel at 9493 N Government Way in Hayden. Its interior is arranged as four suites with 20 private offices and two conference rooms. A lobby and reception area provide a shared point of entry, while a kitchen with a bar and a golf simulator room add further interior spaces. Storage is also available.
The property is zoned Hayden - CBD. Public water and sewer serve the site, and the building has central air conditioning and forced-air heating. Exterior features include lighting, a lawn, and a sprinkler system.
The property is zoned Hayden - CBD. Public water and sewer serve the site, and the building has central air conditioning and forced-air heating. Exterior features include lighting, a lawn, and a sprinkler system.
Key Highlights
- 8,418‑square‑foot office building constructed in 2020
- Four suites with 20 private offices and two conference rooms
- 0.8‑acre parcel at 9493 N Government Way, Hayden
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,180
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,823,600
$1.8M
Cap Rate 7%
$1,302,571
$1.3M
Cap Rate 9%
$1,013,111
$1.0M
Market Conditions
NOI Build-Up for 8,418 SF
Gross rent
$146.5K $17.40/SF
− Vacancy
−$24.9K −$2.96/SF
EGI
$121.6K $14.44/SF
− OpEx
−$30.4K −$3.61/SF
NOI
$91.2K $10.83/SF
Area
Kootenai County, ID
Vacancy
17.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,823,600
Cap Rate 7%
$1,302,571
Cap Rate 9%
$1,013,111
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,180 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,826 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
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Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A multi-suite office property offers private work areas, meeting rooms, a kitchen, and a golf simulator room.
Where is this office building located?
The property is located at 9493 N GOVERNMENT Way Hayden, ID.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 8,418‑square‑foot office building constructed in 2020; Four suites with 20 private offices and two conference rooms; 0.8‑acre parcel at 9493 N Government Way, Hayden
