5729 E Marine Dr - Marinas FOR SALE


Post Falls, ID 83854
$9,000,000 USD
208-691-6696
5729 E Marine Dr, Post Falls, ID for Sale
$9,000,000 USD
Marinas - FOR SALE
1/20
null | Request Cap Rate

5729 E Marine Dr
Post Falls, ID 83854


HIGHLIGHTS

  • Rare Spokane River Waterfront Asset- Nearly 11 acres across three contiguous riverfront parcels in a high-barrier North Idaho market
  • Deep-Water River Frontage – Capable of launching and hauling large vessels and luxury yachts, a rare Spokane River feature
  • Historic Marine Railway – On-site railway in continuous use since the 1950s, difficult to replicate under current regulations
  • Industrial-Grade Marine Infrastructure – Multiple docks and marine-use structures supporting specialty waterfront operations
  • Significant Development Potential – Prime redevelopment opportunity through city annexation, with conceptual planning indicating 50+ buildable lots (b
  • First Time Offered / Generational Asset – Long-held property brought to market for the first time

OVERVIEW

Rare Spokane River waterfront property offered for the first time on the market. The property consists of nearly 11 acres across three riverfront parcels located at 5729 E Marine Drive in Post Falls, Idaho, less than six miles from the mouth of Lake Coeur d’Alene. The site is improved with industrial-grade marine infrastructure including multiple docks, a marine warehouse, and a historic marine railway. Deep-water frontage allows for the launching and hauling of large vessels and yachts, a rare feature along the Spokane River. The property is currently occupied by Lake City Marine. The offering consists of the real estate and improvements only. The parcels are primarily zoned residential, with one parcel taxed commercial and utilized for marine-related use. Development potential exists through city annexation, subject to buyer verification and approvals.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$2,290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Spokane River Waterfront Development & Marine

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.85 AC

LAND SF

472,626 SF

ZONING

Residential

APN/PARCEL ID

50N05W123300,50N05W123385,50N05W123410

ASK ABOUT THIS PROPERTY

Mindy YounteXp LuxuryMore Info
208-691-6696

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Mindy YounteXp LuxuryMore Info
208-691-6696

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