212 N 1st Ave

    Sandpoint, ID 83864
    • $1,300,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 18-7768
    $1,300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,000
      SQFT
    • $65
      $/SQFT
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    An approximate 20,000 SF, four story office building, 95% leased and occupied, professionally managed, many suites have water or city views. Thebuilding is located in downtown Sandpoint just off Sand Creek. Tenancy includes legal, finance, technology, retail, medical and other professional services. In 2004-2005, the elevator,roof and HVAC were replaced. At full asking price the implied capitalization rate is approximately 6%, as leases roll to market the cap rate increases to 8%. Please do not disturb tenants.

    Monthly Payment Calculator


    © 2018 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from Coeur d'Alene MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Link Properties Group.Data last updated: 2018-07-20T00:03:55.05.
    www.linkpropertiesgroup.com/homes/85374865

    212 N 1st Ave Sandpoint, ID 83864

    • Price: $1,300,000
    • Status: Active
    • ID#: 18-7768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    20,000
    SQFT
    $65
    $/SQFT
    1975
    Built
    Neighborhood:
    North (Bonner & Boundary)
    County:
    Bonner
    Area:
    North (Bonner & Boundary)
    Property Description
    An approximate 20,000 SF, four story office building, 95% leased and occupied, professionally managed, many suites have water or city views. Thebuilding is located in downtown Sandpoint just off Sand Creek. Tenancy includes legal, finance, technology, retail, medical and other professional services. In 2004-2005, the elevator,roof and HVAC were replaced. At full asking price the implied capitalization rate is approximately 6%, as leases roll to market the cap rate increases to 8%. Please do not disturb tenants.
    Exterior Features

    Aircraft Flight Zone Unknown Construction Brick/BlockSteel Frame Exterior BrickCement BlockWood Exterior Features CurbsExterior LightingPaved ParkingSidewalks Lot Features SlopingSouthern Exposure Lot Type Commercial Road PavedPublic Maintaned Roof Membrane Style Office Building View CityLakeMountainTerritorial

    Interior Features

    Basement Yes Basement Description DaylightFinished Basement Description1 Full SizeWalk-Out Foundation ConcreteSlab Fuel ElectricGas Heat Forced Air Interior Features Central AirElevatorHandicap AccessHandicap RestroomPhone PrewiredSecurity System

    Property Features

    Business Type Comm'l Bldg W/Land Business Type1 See Remarks Equipment Included None Fire Protection District Yes Flood Zone Unknown Inventory Included No Inventory List Available No New Construction No REO No Sewer City Sewer Short Sale No Sq Ft Source Other Subject To CCRs Yes Subject To HOA Yes Tax Year 2017 Taxes 12000.00 Taxes Reflect No Exemptions Terms Cash Out Water City Zoning Commercial

    Listing provided courtesy of Kiemle & Hagood Company.

    © 2018 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from Coeur d'Alene MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Link Properties Group.Data last updated: 2018-07-20T00:03:55.05.
     
    Link Properties Group
    1450 Northwest Blvd
    Coeur d'Alene ID, 83814