Lisa Schuler - Coldwell Banker Schneidmiller - Coeur d'Alene, ID
212 N 1st Ave
Sandpoint, ID 83864

$1,300,000

Description

An approximate 20,000 SF, four story office building, 95% leased and occupied, professionally managed, many suites have water or city views. Thebuilding is located in downtown Sandpoint just off Sand Creek. Tenancy includes legal, finance, technology, retail, medical and other professional services. In 2004-2005, the elevator,roof and HVAC were replaced. At full asking price the implied capitalization rate is approximately 6%, as leases roll to market the cap rate increases to 8%. Please do not disturb tenants.

Details

MLS#18-7768
Sub-TypeResale
StatusPending - Show
Year1975
Days On Site160

Features

SQ Feet20,000
Story(s)1
ZoningCommercial

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Area Information

StateID
CountyBonner
CitySandpoint
Zip Code83864
AreaNorth (Bonner & Boundary)
Listing VS Median (in 83864)
Price:
$1,300,000
low | high
Med:
$259,000
100% of Average
SqFt:
20,000
low | high
Med:
0
100% of Average
$ / SqFt:
$65
low | high
Med:
$0
100% of Average
On Site:
160
low | high
Med:
231
69.264069264069% of Average
Listing Updated: 12/12/2018
MLS Number: 18-7768
Listing Provided By:
Chris Schreiber  of  Kiemle Hagood Company

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