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405 W Canfield Ave 6,859 SF Retail Building Coeur d'Alene, ID 83815 $3,500,000 ($510.28/SF) 5.33% Cap Rate
Executive Summary
SINGLE TENANT NNN INVESTMENT
This well positioned single tenant commercial property offers ±6,859 square feet of building space on a generous ±50,094 square foot lot. Situated on a high traffic corner near Silver Lake Plaza and Silver Lake Mall, the site benefits from excellent visibility and consistent vehicle exposure. The property’s strategic location and ample site size make it well suited for a variety of commercial uses, offering both convenience and strong accessibility for customers and employees.
This well positioned single tenant commercial property offers ±6,859 square feet of building space on a generous ±50,094 square foot lot. Situated on a high traffic corner near Silver Lake Plaza and Silver Lake Mall, the site benefits from excellent visibility and consistent vehicle exposure. The property’s strategic location and ample site size make it well suited for a variety of commercial uses, offering both convenience and strong accessibility for customers and employees.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,859 SF
Building Class
B
Year Built
2005
Price
$3,500,000
Price Per SF
$510.28
Cap Rate
5.33%
NOI
$186,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.15 AC
Zoning
C-17
Parking
35 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
212’ on W Canfield Ave
Amenities
- Pylon Sign
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | C82730010040 | Improvements Assessment | $1,931,133 |
| Land Assessment | $1,537,500 | Total Assessment | $3,468,633 |
Property Taxes
Parcel Number
C82730010040
Land Assessment
$1,537,500
Improvements Assessment
$1,931,133
Total Assessment
$3,468,633
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405 W Canfield Ave
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