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CDA Learning Center 315 N 4th St 3,920 SF 100% Leased Retail Building Coeur d'Alene, ID 83814 $1,225,000 ($312.50/SF)
INVESTMENT HIGHLIGHTS
- Downtown CDA opportunity, approximate 100' x 110' corner property (two parcels).
- Improved with two buildings, both leased, occupied, and providing interim income.
- Adjacent parcel also available, assemble for additional development potential.
- Flexible DC zoning allows high density, only one block north of city parking structure.
- Accessible from 4th, Indiana, and public alley.
EXECUTIVE SUMMARY
Fully leased, commercial investment with redevelopment potential in the City of Coeur d'Alene's Downtown Core, an approximate 0.25-acre corner parcel (approximately 100' x 110') with access and exposure from Indiana Avenue, 4th St, and public alley. Presently improved with a 3,408+/- SF freestanding commercial building (fronting 4th, leased to local daycare until 2028) and a separate 512+/- SqFt residential bungalow (fronting Indiana, also leased). "DC" Downtown Core zoning promotes "high intensity retail, office, residences and hotels" with a floor area ratio up to 6.0 with density bonuses. Adjacent, contiguous parcel is also available. PLEASE DO NOT DISTURB TENANTS!
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,920 SF
Building Class
B
Year Built
1925
Price
$1,225,000
Price Per SF
$312.50
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.25 AC
Zoning
Downtown Core (DC) - DC Zoning allows wide variety of high density uses including office, retail, restaurant, hotel, apartments, condominiums and mixed use.
Parking
15 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
55’ on N 4th St
AMENITIES
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | C180000C005B | Improvements Assessment | $125,873 |
| Land Assessment | $456,000 | Total Assessment | $581,873 |
PROPERTY TAXES
Parcel Number
C180000C005B
Land Assessment
$456,000
Improvements Assessment
$125,873
Total Assessment
$581,873
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CDA Learning Center | 315 N 4th St
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