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Palidash Building 8052 W Main St 7,980 SF 100% Leased Office Building Rathdrum, ID 83858 $2,100,000 ($263.16/SF) 4.36% Cap Rate
INVESTMENT HIGHLIGHTS
- The space showcases a modern contemporary design complemented by high-end finishes.
- The versatile use of the space can accommodate various tenants, such as office environments, retail, or co-working spaces.
- High-quality details in lighting, trim, railings, cabinetry, and doors.
EXECUTIVE SUMMARY
This commercial building in Rathdrum presents a fantastic investment opportunity, offering 7,980 sqft of space suitable for single or multiple tenants. The space showcases a modern contemporary design complemented by high-end finishes. The combination of modern architecture with vintage elements adds character and charm, attracting a diverse range of tenants. High-quality details in lighting, trim, railings, cabinetry, and doors contribute to a sophisticated atmosphere that is sure to impress. Additionally, it features a large private patio on the second floor that provides stunning views of Mount Rathdrum, making it ideal for outdoor meetings, lunch breaks, or social gatherings. The versatile use of the space can accommodate various tenants, such as office environments, retail, or co-working spaces, reflecting the evolving work landscape. The outdoor area also opens possibilities for hosting events and creating a community vibe, further drawing clients to the location.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$5,037
|
$0.63
|
| Operating Expenses |
$8,257
|
$1.03
|
| Total Expenses |
$13,294
|
$1.67
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $5,037 |
| Annual Per SF | $0.63 |
| Operating Expenses | |
|---|---|
| Annual | $8,257 |
| Annual Per SF | $1.03 |
| Total Expenses | |
|---|---|
| Annual | $13,294 |
| Annual Per SF | $1.67 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,980 SF
Building Class
C
Year Built
2007
Price
$2,100,000
Price Per SF
$263.16
Cap Rate
4.36%
NOI
$91,600
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,990 SF
Building FAR
0.80
Lot Size
0.23 AC
Zoning
C-1 - C-1
Parking
16 Spaces (2.01 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Signage
- Skylights
- Kitchen
- Accent Lighting
- Reception
- Roof Terrace
- Storage Space
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Recessed Lighting
- Secure Storage
- Shower Facilities
- Drop Ceiling
- Outdoor Seating
- Air Conditioning
- Balcony
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | R800000B005A | Total Assessment | $857,593 (2025) |
| Land Assessment | $122,500 (2025) | Annual Taxes | $5,037 ($0.63/SF) |
| Improvements Assessment | $735,093 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R800000B005A
Land Assessment
$122,500 (2025)
Improvements Assessment
$735,093 (2025)
Total Assessment
$857,593 (2025)
Annual Taxes
$5,037 ($0.63/SF)
Tax Year
2024
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Palidash Building | 8052 W Main St
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