A rare waterfront investment opportunity in the heart of downtown Sandpoint. This one-of-a-kind commercial offering features two separate buildings totaling over 10,000 SF, each with active restaurant tenants and expansive patios overlooking the marina. A luxury penthouse residence operates as a successful 3 bed / 3 bath vacation rental, providing additional income-earning potential. The vacant commercial lot between the two buildings is included and filled with beautiful gardens, picturesque patio space, and direct access to the Sand Creek marina and boardwalk. Sale also includes two liquor licenses associated with the two restaurants. Historic downtown Sandpoint includes a unique collection of restaurants, retail businesses, art galleries, entertainment, and is a mere 20 minutes from Schweitzer Mountain Resort. Located within Sandpoint's Federal Opportunity Zone, this legacy-quality asset offers compelling tax incentive potential in one of the most sought-after resort towns in the Northwest.