5729 E Marine Dr - Rare Spokane River Waterfront Dev Opportunity 3,930 SF Specialty Building Offered at $8,990,000 in Post Falls, ID 83854

10.85-acre Spokane River waterfront site with ~400 feet of deep-water frontage, just 6 miles by boat from Lake Coeur d’Alene. Zoned residential with existing marina infrastructure, offering immediate utility and strong redevelopment potential.
Currently operating as a marine facility, the property features established docks, pilings, and dual marine rail systems supporting vessel launch, haul-out, and service operations—providing proven waterfront use and income potential.
The three contiguous parcels are zoned residential, with a portion assessed as commercial, allowing flexibility for continued marine operations, income-producing uses, or future residential or mixed-use redevelopment (subject to approvals). Additional upland area supports further development potential.
Historically significant as the original construction and launch site of the Mish-an-nock vessel (1968), the property offers unique branding and placemaking opportunities.
Value is driven by the land, extensive waterfront frontage, and existing marine infrastructure, combined with entitlement and redevelopment upside. A rare opportunity to acquire one of the few large, functional waterfront sites in the Coeur d’Alene–Spokane corridor.
There are currently two homes and two shops on the parcels. Flexible occupancy; timing to be negotiated in coordination with transition of existing operations.