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Property profile & analytics
OFF-MARKET
Commercial real estate

1St Ave Sandpoint, ID 83864

13,404 SF 2.61 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional commercial investment opportunity encompasses three parcels totaling 2.61 acres on North 1st Avenue in the heart of Sandpoint, Idaho. Boasting 13,404 square feet of existing commercial space, this property enjoys unparalleled visibility and high foot traffic, situated between Main Street and Cedar Street – the highest-grossing commercial block in town. Currently occupied by established, long-term tenants, this portfolio provides immediate and substantial rental income. The property's prime location offers significant potential for future development. Zoned Commercial A, the site allows for construction up to 65 feet, presenting a unique chance to create a mixed-use project that capitalizes on Sandpoint's thriving downtown area. The property's frontage on Sand Creek adds to its aesthetic appeal and desirability. This is a rare chance to acquire a significant piece of Sandpoint's commercial core, offering both immediate return on investment and exciting long-term development possibilities. The existing buildings provide a stable income stream while the zoning and location present a compelling opportunity for future expansion or redevelopment. This is a generational opportunity to own a piece of Sandpoint's vibrant commercial landscape. Don't miss this chance to shape the future of downtown Sandpoint.

Property profile
Verified
Property type Commercial real estate
Year built 1975
Total area 13,404 SF
Lot 2.61 ac (113,692 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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