Commercial Real Estate Market in Sandpoint, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
258 active listings and 499 off-market properties in Sandpoint, ID. Commercial property asks $88/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Sandpoint, ID spans 402.2 square miles in Bonner County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Sandpoint, ID asks $386/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Sandpoint, ID asks $279/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Sandpoint, ID runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Sandpoint, ID asks $500/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.5%
- Industrial 25.2%
- Commercial 14%
- Mixed use 4.3%
Largest Zones share of zoned land by district
Residential Single Family
Residential Multifamily
Industrial General
Commercial A
Commercial C
Sandpoint, ID zones 2,103 acres across 10 districts. Commercial zoning covers 14% of zoned land, residential 56.5% and industrial 25.2%. The largest single district is Residential Single Family at 30.2%. For commercial buyers the practical constraint is that only 39.2% of land carries a commercial or industrial designation.
Industrial General (IG)
IG (Industrial General) District: The IG district is intended for lands appropriate for light and medium manufacturing and industrial activities with direct access to major transportation routes, such as arterial roads, air and rail service. The IG district allows a wide range of manufacturing and industrial uses, which generate little traffic from tourists…
Market overview
Demographics & Economy
Sandpoint, ID has 19,414 residents in 9,909 households. Density runs 48 people per square mile. Median household income here is $68,595 and median gross rent $1,136 a month.
19,414
Population
9,909
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
93%
High-School Grad
402.2 sq mi
ZIP Area
48
Density / Sq Mi
$68,595
Median Household Income
$34,326
Median Earnings
$1,136
Median Rent
$474,100
Median Home Value
Tools
Nearby Markets
Commercial property in Sandpoint, ID asks $88/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sandpoint?
Commercial property in Sandpoint, ID asks an average of $88 per square foot. Multifamily carries the highest asking price at $500/SF.
How much does it cost to lease commercial space in Sandpoint?
Asking lease rates in Sandpoint, ID average $18.00 per square foot per year.
What zoning applies to commercial property in Sandpoint?
Sandpoint, ID zones 2,103 acres across 10 districts, of which 14% is commercial and 25.2% industrial. The largest single district is Residential Single Family at 30.2% of zoned land. Residential zoning covers 56.5% and open space 0%.
Where does Realmo's Sandpoint market data come from?
Realmo compiles Sandpoint, ID figures from 255 active sale listings, 3 active lease listings, 499 tracked off-market properties, the current Sandpoint zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 255 active for-sale and 3 active for-lease listings in Sandpoint, ID. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,103 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
