1201 E Sherman Ave - Freestanding FOR SALE


Coeur d'Alene, ID 83814- Downtown CDA
$1,079,999 USD
208-665-2443
1201 E Sherman Ave, Coeur d'Alene, ID for Sale
$1,079,999 USD
Freestanding - FOR SALE
1/1
null | 4.63% Cap Rate

1201 E Sherman Ave
Coeur d'Alene, ID 83814
Downtown CDA


HIGHLIGHTS

  • High visibility corner near Downtown Coeur d'Alene
  • Solid concrete block building
  • Plenty of on & off street parking.

OVERVIEW

Investment opportunity on Sherman Ave. Coeur d'Alene ID. Long time tenant in place with existing 5 year lease and renewal option for another 5 years towards the end of 2030. Escalation in rents based on CPI. Exterior recently repainted on 2 sides. Existing mural was City encouraged and completed by a local artist.

FOR SALE DETAILS

PRICE

$1,079,999 USD

PRICE/SF

$242 USD /SF

CAP RATE

4.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C17

APN/PARCEL ID

C6885026012A

ASK ABOUT THIS PROPERTY

Anne Anderson, CCIMLakeshore RealtyMore Info
208-665-2443

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Anne Anderson, CCIMLakeshore RealtyMore Info
208-665-2443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.