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9493 N Government Way 10,053 SF 60% Leased Office Building Hayden, ID 83835 $4,250,000 ($422.76/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Investment Highlights:
Prime location in Hayden’s Central Business District
Positioned directly on high-traffic Government Way (AADT 12,000+)
Just minutes from Downtown Coeur d’Alene, the CDA Airport, and with easy access to Hwy 95 and I-90
1.27-acre commercial campus with two separate parcels
Approximately 10,053 SF of existing structures
Income-producing potential with opportunity for owner-user or 1031 exchange
Zoning allows multifamily, retail, and additional commercial development
Strong foundation in place with future development upside
Rare offering in a high-demand, limited-availability market
Prime location in Hayden’s Central Business District
Positioned directly on high-traffic Government Way (AADT 12,000+)
Just minutes from Downtown Coeur d’Alene, the CDA Airport, and with easy access to Hwy 95 and I-90
1.27-acre commercial campus with two separate parcels
Approximately 10,053 SF of existing structures
Income-producing potential with opportunity for owner-user or 1031 exchange
Zoning allows multifamily, retail, and additional commercial development
Strong foundation in place with future development upside
Rare offering in a high-demand, limited-availability market
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
10,053 SF
Building Class
C
Year Built
2020
Price
$4,250,000
Price Per SF
$422.76
Cap Rate
7%
NOI
$297,500
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,027 SF
Building FAR
0.18
Lot Size
1.27 AC
Zoning
Commerical - Zoning regulations are conducive to multifamily residences and additional retail or commercial ventures.
AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Fireplace
- Security System
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Secure Storage
- Drop Ceiling
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | H405023187AJ | Improvements Assessment | $1,766,216 |
| Land Assessment | $566,608 | Total Assessment | $2,332,824 |
PROPERTY TAXES
Parcel Number
H405023187AJ
Land Assessment
$566,608
Improvements Assessment
$1,766,216
Total Assessment
$2,332,824
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9493 N Government Way
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