$475,000
$475,000
For more information regarding the value of a property, please contact us for a free consultation.
1,437 SqFt
SOLD DATE : 03/07/2025
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Commercial Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,437 sqft
Price per Sqft $330
MLS Listing ID 25-1188
Sold Date 03/07/25
Style Commercial Condo
Originating Board Coeur d'Alene Multiple Listing Service
Year Built 2006
Annual Tax Amount $1,772
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions irreg
Property Sub-Type Commercial Condo
Property Description
INVESTOR ALERT! 6% CAP Rate. Prime commercial condo designed for dental office with long term dentist/ tenant (year 1of 5 year lease with option to extend 5 more years). Lease amount increases 3% every year. Base monthly rent is $2500 (year one) plus tenant pays property tax, building fire/hazard insurance, HOA dues, for a total monthly payment of $3131, and tenant pays all utilities. Offering 1437 sqft of ground floor commercial space that was remodeled in 2024. Beautiful building with excellent curb appeal, excellent parking, and a prime commercial location. This is a no hassle investment with a solid, long-term return on investment.
Location
State ID
County Kootenai
Area 01 - Cd'A Urban/Dalton
Zoning CDA-C-17
Direction N on HWY 95, East on Neider to 114 (South side of Neider between HWY 95 and Government Way)
Rooms
Basement None-Slab on Grade
Interior
Interior Features Central Air, Central Vacuum, Handicap Facility, High Speed Internet, Security System, Handicap Restrooms, Moveable Walls, Phone Prewired
Heating Natural Gas, Forced Air
Equipment None
Exterior
Exterior Feature Curbs, Landscaping, Lighting, Paved Parking, Sidewalks, Handicap Access, Lawn, Sprinkler System
View Territorial
Roof Type Composition
Building
Lot Description Level, Open Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID CJ3650001140
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with CENTURY 21 Beutler & Associates