5729 E Marine Dr - Marinas FOR SALE


Post Falls, ID 83854
$8,990,000 USD
208-691-6696
5729 E Marine Dr, Post Falls, ID for Sale
$8,990,000 USD
Marinas - FOR SALE
1/9
null | Request Cap Rate

5729 E Marine Dr
Post Falls, ID 83854


HIGHLIGHTS

  • ~400' Deep Spokane River Frontage | 10.85 Acres
  • Residential / Mixed Use Development Potential
  • Rare Large Waterfront Site in Spokane-Coeur d'Alene Corridor
  • Streamlined Entitlement Potential w/ Existing Use History
  • Operational Marine Facility w/ Dual Rail Systems
  • Original Mish-an-nock Build & Launch Site (1968)w/ Branding Potential

OVERVIEW

10.85-acre Spokane River waterfront site with ~400 feet of deep-water frontage, just 6 miles by boat from Lake Coeur d’Alene. Zoned residential with existing marina infrastructure, offering immediate utility and strong redevelopment potential. Currently operating as a marine facility, the property features established docks, pilings, and dual marine rail systems supporting vessel launch, haul-out, and service operations—providing proven waterfront use and income potential. The three contiguous parcels are zoned residential, with a portion assessed as commercial, allowing flexibility for continued marine operations, income-producing uses, or future residential or mixed-use redevelopment (subject to approvals). Additional upland area supports further development potential. Historically significant as the original construction and launch site of the Mish-an-nock vessel (1968), the property offers unique branding and placemaking opportunities. Value is driven by the land, extensive waterfront frontage, and existing marine infrastructure, combined with entitlement and redevelopment upside. A rare opportunity to acquire one of the few large, functional waterfront sites in the Coeur d’Alene–Spokane corridor. There are currently two homes and two shops on the parcels. Flexible occupancy; timing to be negotiated in coordination with transition of existing operations.

FOR SALE DETAILS

PRICE

$8,990,000 USD

PRICE/SF

$2,288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rare Spokane River Waterfront Dev Opportunity

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.