516 Cedar St Wallace, ID 83873-2231

This exceptional 2,406 square foot commercial property, situated at 516 Cedar Street in the heart of historic Wallace, Idaho, presents a unique investment opportunity. Built in 1948, this building boasts a rich history, having served as The Wallace Food Center grocery store until 1961, followed by a long tenure as Modern Drug Pharmacy. More recently, it was successfully adapted into the Wallace Athletic Club. The property sits on a 0.06-acre lot, offering excellent visibility and accessibility in a thriving downtown area. Its central location provides easy access to all that Wallace and the surrounding North Idaho region have to offer, making it ideal for a variety of commercial ventures. The building's adaptable layout provides ample space for a range of businesses, from retail to fitness centers, or potentially even a combination of uses. The asking price is $425,000. This is a rare chance to acquire a well-established commercial space in a desirable location with significant historical character and high potential for future growth. The property is ready for its next chapter, offering a solid foundation for a new business or an expansion of an existing one. Don't miss this opportunity to own a piece of Wallace's vibrant history and secure a prime commercial location in a picturesque Idaho town.