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$ 1,875,000
Est. payment | /mo
11,000 SqFt
$ 1,875,000
Est. payment | /mo
11,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Building
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $170
Subdivision Id
MLS Listing ID 20250920
Annual Tax Amount $2,168
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Commercial Building
Property Description
Welcome to your next big opportunity in scenic North Idaho! Currently a very solid passive income with potential for even more. Tucked in amidst the breathtaking beauty of towering mountains and pristine wilderness, this commercial real estate gem is your ticket to success in one of Idaho's most rapidly developing regions. Located on the only highway threading through the heart of the county, this 1-acre property offers unparalleled visibility and accessibility in easily the HOTTEST growing commercial area of Boundary County. Picture your business thriving amidst the backdrop of nature's grandeur, with convenient access to outdoor adventures just moments away. With a generous 11,000 square feet of indoor rental space, not to mention the outdoor rental space, the possibilities are endless. Currently the indoor space is occupied with a nearly 6,000 sf machine shop with living quarters, which could be changed to add more rental space, or even rent it out in addition to all the other rental space. Also, there is a 200sf retail firearm suppressor shop, along with a retail herbal remedies business, a 1200 sf transmission shop, a 2400 sf auto shop, and a 1200 sf apartment. The outdoor rental space previously had a hot dog stand alongside the current shed rental business. And, there is space around the shop to expand. There are two 1200 gal septic tanks and 4 bathrooms on the premises. Whether you dream of establishing a bustling retail hub, a cozy cafe, a vibrant coworking space, or just renting all the spaces out, this property has the flexibility to accommodate your vision. Plus, with ample parking area, your patrons will always find a convenient spot to park. Currently, the major portion of the space, which is being used as a successful machine shop, is also for sale separately, or can be included in this sale. The current rents are low and need to be increased which would, in turn, increase the current 6.5% cap rate. All of this is nice, but it's not just about business here—it's about embracing a lifestyle enriched by the great outdoors. Imagine finishing a productive day's work and then heading out for an evening hike, fishing in nearby lakes, or simply soaking in the tranquility of your mountain surroundings. Don't miss out on this rare opportunity to be part of a newly thriving community that celebrates both commerce and nature. Seize the moment and make this picturesque slice of North Idaho yours today! The many opportunities for success are limited only by an individual's creativity. This property is being sold two ways: 1) All Real Property including the machine shop business for $2.175 million , or 2) All Real Property excluding the business, for $1,875,000. The equipment will be removed in option 2. Call today to schedule a showing and unlock the potential of this prime commercial real estate. Owner would consider carrying the loan with the right terms.
Location
State ID
County Boundary
Listed by COLDWELL BANKER NORTH WOODS REALTY