Retail Property For Sale - Morning Star Lodge

602 Bunker Road, Coeur D Alene, ID, 83816

 

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Morning Star Lodge

602 Bunker Road, Coeur D Alene, ID 83816

Morning Star Lodge
  • $1,202,000
  • 5,500 SF
  • $218.55
  • Retail
  • Retail (Other)
  • Net Lease Investment with 5 years left on lease
  • 2.5%
  • 9%
  • 100%
  • 3
  • Single
  • 2005
  • Find Out More...
Last Verified  8/23/2009 Listing ID  16272837

Highlights

  • Hotel Lobby & Ticket Office 1,587 sq. ft.
  • Business Office 119 sq. ft.
  • Ski & Bike Shop 1,755 sq. ft.
  • Bike storage 246 sp. ft.
  • Discovery Center, project real estate office 1,493 sq. ft.

Description

This property is leased by Silver Mountain a wholly owned company of Jeld Wen, Inc. The space includes the rental lobby, ski and bike ticket office, bike storage area, housekeeping units, and Discovery Center (real estate sales office).
This is the ground floor and entrance to Morning Star Lodge at Silver Mountain, 30 miles east of CDA.
The retail is supported by over 290 residential condo units, an indoor 25 million water park, a ski mountain and a world class golf course under construction with over 700 home sites planned.
All units have been subdivided and have their own lease. All leases are NNN, limitted management required.
Additional units are also avaiable at 10% cap.
Owner is real estate broker in Oregon

I-90 east to Kellogg, 30 miles. A beautiful mountain community with a rich history.

Financial Summary

Debt & Equity Information

  • Actual
  • 2008
  • $118,964
  • $113,016
  • $5,948
  • $113,016

Map of 602 Bunker Road, Coeur D Alene, ID 83816 (Kootenai County)

Contact Listing Broker to find out more details.

Presented by

Western Real Estate Company

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Contact Listing Broker
Michael Hulsey (541) 385-9285
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Created 6/10/2009

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