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704 E 4th Ave
Post Falls, ID 83854
Opportunity Zone Redevelopment Property · Land For Sale · 20.42 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Master Planned Community
  • Planned Unit Development
  • Single Family Development
Total Lot Size 20.42 AC
Zoning SC4 commercial/industrial

DESCRIPTION

11.602 acres sitting in the downtown core of Post Falls, ID located in a designated Opportunity Zone. The future of this community is up for grabs as this parcel will offer a key pivot for the community for decades to come. Property is offered at $7.25 PSF with no value attributed to any buildings other than the 5,320 SF office which can be put to good use. Currently zoned a mix of Smart Code 4 and Heavy Industrial with an application currently flowing through to City of Post Falls to convert all Heavy Industrial to Smart Code 5. All major utilities service the property. Eventual roundabout or signalized corner to be installed at the intersection of 4th and Seltice. Additional properties available. Opportunity zone allows for 168 Apartments complete with zoning and room for over 200 more units. See flyer for tax benefits. Strong support from the city of Post Falls for development.

PROPERTY TAXES

  • Listing ID: 16994008

  • Date on Market: 8/21/2019

  • Last Updated:

  • Address: 704 E 4th Ave, Post Falls, ID 83854