5729 E MARINE DR Active

Post Falls,ID 83854

$ 10000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Waterfront

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25-10046

Annual Tax Amount $21,555

Tax Year 2024

Lot Size 10.850 Acres

Property Sub-Type Waterfront

Property Description

Rare Waterfront Business and Development Opportunity! For the first time on the market-- nearly 11 acres, composed of three separate Spokane Riverfront parcels. Located under 6 miles downriver from the mouth of Lake Coeur d'Alene. The property is currently home to Lake City Marine, a fully operational boat repair facility with multiple docks and buildings. This site boasts some of the deepest water on the riverside, making it a site capable of launching and hauling large vessels and luxury yachts on the Spokane River. The marine railway has been successfully utilized since the 1950's. Immediate income potential for your marine operation. Prime development possibilities through city annexation, with the potential for 50+ buildable lots. The three parcels are zoned residential- one is taxed commercial and utilized for the business. This location is historically noted as the original construction and launch site of the famous 'Mish-an-nock', Coeur d'Alene tour boat in 1968. Two small rental homes and one rented space are currently contributing to the property's monthly revenue.

Location

State ID

County Kootenai

Area 02 - Post Falls

Zoning Res

Exterior

Exterior Feature Dock

Fence Partial

Waterfront Description River Front

View Mountain(s),River

Building

Lot Description Open Lot,Irregular Lot,Sloped,Level,Wooded

Sewer Septic Tank

Water Well

Schools

School District Post Falls - 273

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