100 Ave Ave Sandpoint, ID 83864
This exceptional commercial property presents a rare opportunity in Sandpoint, Idaho's vibrant downtown. Situated on coveted First Avenue waterfront, this offering encompasses two separate buildings totaling over 10,000 square feet. The property includes versatile space ideal for a variety of commercial uses. This includes existing office spaces, a dedicated conference room, and a substantial private residence. A significant component is the established restaurant space, complete with expansive outdoor patios and terraced seating areas providing breathtaking marina views. Adding to the appeal is an existing resort liquor license, simplifying the transition for a new owner. The property also benefits from the inclusion of a vacant lot situated between the two buildings, offering potential for future development or expansion. Located in a Federal Opportunity Zone, this investment presents potential tax advantages for qualified investors. Sandpoint's thriving community, nestled on the shores of Lake Pend Oreille and surrounded by the stunning Selkirk Mountains and Schweitzer Mountain Ski Resort, attracts visitors globally, ensuring a strong and consistent market for this unique commercial offering. The 0.37-acre lot provides ample space and adds to the overall value and potential of this remarkable property. This is a truly exceptional opportunity to own a piece of Sandpoint's thriving commercial waterfront.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.