Two-Story Office Building Near
Coeur d'Alene, ID 83814, Coeur d Alene, ID 83814
Two-story office building near Lake Coeur d'Alene and Spokane River.
Type:Office
Property size:
17,341 SFPrice / SF:
$187/SF- Added:
- Nov 21, 2025
- Days on Market:
- 183
- Last Refresh:
- Apr 5 at 10:30 pm
Property Features
General Information
- Standard status
- Active
- Size
- 17,341 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing agent Chris Bell, SIOR (509) 622-3538
Listing office (509) 622-3538
Listing date Nov 21, 2025
Source Naiglobal
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Chris Bell, SIOR
HighLights
- High‑traffic location on Northwest Blvd near Lake Coeur d'Alene and the Spokane River provides strong visibility.
- Value‑add potential due to majority month‑to‑month tenancy.
- Located in a tight office market with limited inventory and new construction.
- Ample parking with approximately 50 surface stalls.
- C‑17 zoning allows for a wide range of commercial uses.
- 17,341± SF two‑story office building on 1.06 acres.
Overview
This 17,341 square foot two-story office building is situated on 1.06 acres near Lake Coeur d'Alene and the Spokane River. The property is positioned along Northwest Boulevard, benefiting from high traffic and strong visibility. The existing tenancy is primarily month-to-month, presenting a value-add opportunity. Approximately 50 surface parking stalls are available. Zoned C-17, the property allows for a wide range of commercial uses. Located in a tight office market with limited inventory and new construction, this property is suitable for investors, developers, or owner-users seeking growth or repositioning opportunities in Coeur d'Alene.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.09M
NOI $187,829 @ 9.00% cap · cautious / downside scenario
Moderate
$2.68M
NOI $187,829 @ 7.00% cap · market / base-case scenario
Aggressive
$3.76M
NOI $187,829 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $301.7k | $17.40 |
| − Vacancy | −$51.3k | −$2.96 |
| EGI | $250.4k | $14.44 |
| − OpEx | −$62.6k | −$3.61 |
| NOI | $187.8k | $10.83 |
17,341 SF · lease $17.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.68M
$2.35M – $3.13M
NOI $187,829 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,320 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Coeur d Alene
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.794
- Latitude
- 47.6843
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building near Lake Coeur d'Alene and Spokane River.
Where is this office building located?
The property is located at Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: High‑traffic location on Northwest Blvd near Lake Coeur d'Alene and the Spokane River provides strong visibility.; Value‑add potential due to majority month‑to‑month tenancy.; Located in a tight office market with limited inventory and new construction.
