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Property profile & analytics
OFF-MARKET
Commercial real estate

102 4Th Ave Sandpoint, ID 83864

2,600 SF Built 1979
Property ID
US27-1043859
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1979
Total area 2,600 SF
UPID US27-1043859
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
Current use
Occupant on record · Public records
  • Queen Bee Honey Company Specialty Food Shop
  • North Idaho Speech and Myo, LLC Physician
  • Southside Water & Sewer District Water Utility Company
  • Birch Hill Properties Real Estate Agency
  • ONYX Construction Management LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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