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Old Diamond Mill Rd, Oldtown, ID 83822

Commercial land for retail, lodging, or fast food development.

Property SizeContact for details
Lot Size2.02 Acres
Days on Market1223

Property Features for Old Diamond Mill Rd

General Information

Standard status Active
Lot size 2.02 Acres
Property subtype Land
Zoning Commercial
Listing Agency: NAI Black - Spokane
Listed By: Stephen Pohl · License #WA 50282
Source: Crexi
Added: May 3, 2023 Changed: Sep 3 Last Checked: Sep 1 at 7:25PM

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 NAI Black - Spokane

Investment Insights

Based on property information with market context.

This 2.02-acre commercial property presents a great opportunity for a retail center, lodging, motor fuel store, or fast food/QSR. It is located in the growing commercial core of Oldtown, also servicing Newport, WA, and Priest River, ID. The property is a well-traveled gateway to lake resort communities on Priest Lake and Pend Oreille. Zoned commercial, the property owner will consider a ground lease. The property consists of two parcels: Parcel 2 is 0.53 acres and Parcel 3 is 1.49 acres. Water, sewer, electric, and phone/fiber optic ISP are stubbed to the property. Three-phase power is available to the site. There is loop access easement to both parcels off Old Diamond Mill Road. Old Diamond Mill Rd Access State Hwy 2 aka Selkirk Loop. The property is highly visible to Hwy 2. Access to Pend Oreille River with Municipal Boat Launch Nearby. Traffic count on Hwy 2 is approximately 11,500 vehicles per day. An adjacent tenant is Nomad Coffee, and recorded CC&R'S are in place dated August, 2022. Nearby tenants include Selkirk ACE Hardware, O'Reilly Auto Parts, Family Dollar, Tractor Supply, Super 1 Foods, and Albeni Falls Building Supply.

Key Highlights

  • Located in a growing commercial core servicing multiple communities and lake resort areas.
  • High traffic location on State Hwy 2 (Selkirk Loop) with 11,500 VPD ±.
  • Zoned commercial with potential uses including retail, lodging, motor fuel, fast food, and marine services.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 83822, ID

2,026
Population
1,197
Households
1.7
Avg Household Size
48
Median Age
7%
College-Educated
81%
High-School Grad
34.4 sq mi
ZIP Area
59
Density / Sq Mi
$51,959
Median Household Income
$30,521
Median Earnings
$903
Median Rent
$374,300
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for retail, lodging, or fast food development.
Where is this commercial land located?
The property is located at Old Diamond Mill Rd Oldtown, ID.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Located in a growing commercial core servicing multiple communities and lake resort areas.; High traffic location on State Hwy 2 (Selkirk Loop) with 11,500 VPD ±.; Zoned commercial with potential uses including retail, lodging, motor fuel, fast food, and marine services.
More about this property
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