102 4Th Ave Sandpoint, ID 83864

Property Details for 102 4Th Ave

Year built

1979

Property size

2,600 SF

Property type

Commercial real estate

Description

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.