102 1st Ave Ste, Unit 100 Sandpoint, ID 83864-1398
- Commercial real estate
- 864 SF
Current Use by Public Records
- Commercial real estate
Property Details for 102 1st Ave Ste
- Year built
- 2001
- Property size
- 864 SF
- Property type
- Commercial real estate
- APN
- RPS73070001000A
- APU
- RPS73070001000A
Description
This exceptional 3,370 square foot commercial property presents a rare opportunity in the vibrant heart of Sandpoint, Idaho. Located at a prime downtown intersection, this space boasts high visibility and significant foot traffic, ensuring maximum exposure for any business. Previously operating as a fully equipped restaurant, the property is being offered turnkey, meaning a seamless transition for a new owner is possible. All existing restaurant equipment and fixtures are included in the sale price of $1,150,000. The building's 3,370 square feet provide ample space for a variety of commercial uses, making it an ideal investment for entrepreneurs seeking a well-established location. The commercial zoning allows for flexibility in future business ventures. This property is situated on a lot with no acreage, maximizing the usable space for the building itself. The location on one of Sandpoint's busiest intersections guarantees a steady stream of potential customers, making this a truly exceptional investment opportunity in a thriving Idaho community. The turnkey nature of the sale significantly reduces the time and expense associated with setting up a new business. Don't miss this chance to acquire a prime commercial space in a desirable location. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $380,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $350,000
- Mixed-Use
- $425,000
- Hospitality
- $425,000
- Educational
- $480,000
- Residential Income
- $425,000
- Energy
- $375,000
- Income-Based Land
- $430,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Sandpoint
- County
- Bonner
- State
- Idaho
- Longitude
- -116.548
- Latitude
- 48.2728
- CBSA code
- 41760
- CBSA name
- SANDPOINT, ID MICROPOLITAN STATISTICAL AREA