Four-Suite Office
New
For Sale
$2,995,000
9493 N Government Way, Hayden Lake, ID 83835
Commercial Sale, Hayden Lake, ID
Property Size8,418 SF
Lot Size0.80 Acres
Price / SF$355.79
Days on Market2
Property Features for 9493 N Government Way
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Patio and Porch features
Patio
Fencing
Fenced
Lot features
Sprinklers In Front
High school district
000000
Directions
N Hwy 95, E on Honeysuckle, N on Government Way to 9493 N Government Way
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 Annual Amount
5311
Utilities
Heating system
Forced Air
Amenities
conference rooms
kitchen
golf simulator room
lobby with reception area
Building Details
Year built
2020
Floors in Building
2
Building materials
HardiPlank Type
Roof type
Rubber
Buildings
1
Listing Agency:
Pearl Realty, LLC
Listed By:
Joel Pearl
(208) 762-5500
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 28 at 7:06PM
MLS# 12043991
Copyright © 2026 My State MLS. 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.
Built in 2020, this 8,418-square-foot office building contains four suites with 20 private offices and two conference rooms. Shared features include a kitchen with a bar, a golf simulator room, and a lobby with reception space. The property occupies 0.8 acres and has on-site parking, a patio, and fencing.
The building is located at 9493 N Government Way in Hayden Lake. Forced-air heating and a rubber roof serve the building.
The building is located at 9493 N Government Way in Hayden Lake. Forced-air heating and a rubber roof serve the building.
Key Highlights
- 8,418‑square‑foot office building completed in 2020
- Four suites with 20 private offices and two conference rooms
- Kitchen with bar, golf simulator room, and lobby with reception area
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
Explore this area
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 - The floor plan combines private offices and meeting rooms with a kitchen, lobby, and golf simulator room.
Where is this office building located?
The property is located at 9493 N Government Way Hayden Lake, 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 completed in 2020; Four suites with 20 private offices and two conference rooms; Kitchen with bar, golf simulator room, and lobby with reception area
