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5729 E Marine Dr - Spokane River Waterfront Development & Marine 3,930 SF Specialty Building Offered at $9,000,000 in Post Falls, ID 83854
Investment Highlights
- Rare Spokane River Waterfront Asset- Nearly 11 acres across three contiguous riverfront parcels in a high-barrier North Idaho market
- Historic Marine Railway – On-site railway in continuous use since the 1950s, difficult to replicate under current regulations
- Significant Development Potential – Prime redevelopment opportunity through city annexation, with conceptual planning indicating 50+ buildable lots (b
- Deep-Water River Frontage – Capable of launching and hauling large vessels and luxury yachts, a rare Spokane River feature
- Industrial-Grade Marine Infrastructure – Multiple docks and marine-use structures supporting specialty waterfront operations
- First Time Offered / Generational Asset – Long-held property brought to market for the first time
Executive Summary
Rare Spokane River waterfront property offered for the first time on the market. The property consists of nearly 11 acres across three riverfront parcels located at 5729 E Marine Drive in Post Falls, Idaho, less than six miles from the mouth of Lake Coeur d’Alene.
The site is improved with industrial-grade marine infrastructure including multiple docks, a marine warehouse, and a historic marine railway. Deep-water frontage allows for the launching and hauling of large vessels and yachts, a rare feature along the Spokane River.
The property is currently occupied by Lake City Marine. The offering consists of the real estate and improvements only.
The parcels are primarily zoned residential, with one parcel taxed commercial and utilized for marine-related use. Development potential exists through city annexation, subject to buyer verification and approvals.
The site is improved with industrial-grade marine infrastructure including multiple docks, a marine warehouse, and a historic marine railway. Deep-water frontage allows for the launching and hauling of large vessels and yachts, a rare feature along the Spokane River.
The property is currently occupied by Lake City Marine. The offering consists of the real estate and improvements only.
The parcels are primarily zoned residential, with one parcel taxed commercial and utilized for marine-related use. Development potential exists through city annexation, subject to buyer verification and approvals.
Property Facts
| Price | $9,000,000 | Lot Size | 10.85 AC |
| Price Per SF | $2,290.08 | Building Size | 3,930 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Marina | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Residential - The 3 parcels are zoned residential. One parcel is taxed and utilized as commercial for over 40 years. APN #s 50N05W123385, 50N05W123410, 50N05W12 | ||
| Price | $9,000,000 |
| Price Per SF | $2,290.08 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 10.85 AC |
| Building Size | 3,930 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Opportunity Zone |
Yes |
| Zoning | Residential - The 3 parcels are zoned residential. One parcel is taxed and utilized as commercial for over 40 years. APN #s 50N05W123385, 50N05W123410, 50N05W12 |
Amenities
- Waterfront
Property Taxes
| Parcel Number | 50N05W123385 | Improvements Assessment | $65,260 |
| Land Assessment | $1,693,039 | Total Assessment | $1,758,299 |
Property Taxes
Parcel Number
50N05W123385
Land Assessment
$1,693,039
Improvements Assessment
$65,260
Total Assessment
$1,758,299
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5729 E Marine Dr - Spokane River Waterfront Development & Marine
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