SQUARE FEET4,325
MLS#26-6787
STATUS
PROPERTY TYPECommercial - Business
Property Description
Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished, Cellar
Heating: Electric, Baseboard
Lot Size: 0.08 Acres
Roof Type: Tar/Gravel, Rubber
Taxes: $2,380
Year Built: 1905
Feature Descriptions
Days on Site: 4
Exterior: Cement Block
Foundation: Concrete Perimeter
Foundation: Concrete Perimeter
Interior: Storage
Lot: Open Lot, Level
Road: Paved
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Coeur d'Alene
Agency Phone: 208-667-2399
Shown By
Agent Name: Morgan Baxter
Agent Phone: (509) 590-9614
Agency Title: Coldwell Banker Tomlinson
6236 W Maine St | MLS# 26-6787
This commercial property located at 6236 W Maine St, Spirit Lake, ID 83869 is currently listed for sale with an asking price of $640,000. Search Spirit Lake real estate on mbaxter.cbspokane.com today.