102 4Th Ave Sandpoint, ID 83864
This exceptional mixed-use property, known as Ravenwood, presents a compelling investment opportunity in the heart of Sandpoint, Idaho's vibrant downtown core, situated within the designated Opportunity Zone. The 2,600 square foot building, constructed in 1979, sits on a sizable 7,100 square foot corner lot, providing optimal street visibility. Currently operating at 100% occupancy with six tenants across eight generously sized private suites, this property boasts a strong history of reliable tenancy. The building's layout includes two suites with independent entrances, four upstairs suites sharing a common bathroom and spacious kitchen area, and downstairs units featuring a common bathroom, kitchen, and a private courtyard. Modern flooring has been recently installed throughout. Ample parking is available with eight spaces, including some covered options. The multi-use zoning allows for considerable flexibility and potential for future expansion or adaptation. Conveniently located within walking distance of downtown amenities, the southern part of Sandpoint, and the lake, this property benefits from its proximity to the new Bernklau cafe bar and access to high-speed internet via Ting or Vyve. This is a rare chance to acquire a prime downtown Sandpoint location offering a blend of location, space, and style.
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Queen Bee Honey Company Specialty Food Shop
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North Idaho Speech and Myo, LLC Physician
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Southside Water & Sewer District Water Utility Company
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Birch Hill Properties Real Estate Agency
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ONYX Construction Management LLC Construction Company
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.