Richard Kohles - Coldwell Banker Schneidmiller - Coeur d'Alene, ID
800-880 Kootenai Cutoff Rd
Ponderay, ID 83852

$1,450,000

Description

INCOME PROPERTY 6.8% CAP RATE. Two COMMERCIAL buildings on separate legal parcels located in Ponderay on a busy commercial corridor near Walmart, Home Depot, Starbucks, Verizon, GoodWill, O'Reilly's Auto, North 40 & more. These properties have excellent visibility & access and plenty of parking. Sold together or separate. The corner property (880) has a 6400+/-sf bldg (built in 2007) on 0.62 acres of land, occupied by Elite Tire (past tenant was FedExGround). Bldg features 1 above grade loading dock & multiple drive through bays. Second property (800) has a 9917+/-sf FULLY LEASED multi-tenant building on 0.75 acres of land. Property demised into 5 separate spaces (2 retail, 3 warehouse) with 100% occupancy - 3 tenants on modified gross leases: Floor Show (since 2007),

Details

MLS#18-9148
Sub-TypeResale
StatusActive
Year2007
Days On Site7

Features

SQ Feet16,317
Story(s)1
ZoningCommercial

Loading Form

Loading Form

Area Information

StateID
CountyBonner
CityPonderay
Zip Code83852
AreaNorth (Bonner & Boundary)
Listing VS Median (in 83852)
Price:
$1,450,000
low | high
Med:
$600,000
100% of Average
SqFt:
16,317
low | high
Med:
0
100% of Average
$ / SqFt:
$89
low | high
Med:
$0
100% of Average
On Site:
7
low | high
Med:
298
2.348993288591% of Average
Listing Updated: 08/14/2018
MLS Number: 18-9148
Listing Provided By:
Charesse Moore  of  Evergreen Realty

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.