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$ 10,000,000
Est. payment | /mo
10.85 Acres Lot
$ 10,000,000
Est. payment | /mo
10.85 Acres Lot
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Waterfront
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-10046
HOA Y/N No
Annual Tax Amount $21,555
Tax Year 2024
Lot Size 10.850 Acres
Acres 10.85
Property Sub-Type Waterfront
Source Coeur d'Alene Multiple Listing Service
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
Direction S on Greensferry Rd to Marine Drive. L on Marine to the shop.
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
Others
Tax ID 50N05W123300
Listed by EXP Realty