NNA US Highway 95 8.37 Acres of Commercial Land Offered at $900,000 in Ponderay, ID 83852

Ponderay Property Information 8.37 Acres (Subject Property) Zoning (Commercial / Residential) This property has over 600 feet of water frontage on Sand Creek with a nice beach area and a view of Schweitzer Mountain. This property could be used for a multitude of commercial applications (building types), or it could be a one-of-a-kind estate property. The available services for this property are city water, city sewer and power provided by Avista. This property is located in the City of Ponderay, it’s just 300 feet from Highway 95 and it's accessed by a 25 foot ingress, egress and utility easement. This property is close to everything that Ponderay and Sandpoint have to offer, but it’s secluded enough to have a rural feel and privacy. The property has a drop in elevation from east to west which could be used to its advantage in the future if structure(s) are terraced allowing them all to have a view of Sand Creek and Schweitzer Mountain. Also, The City of Ponderay in 2026 is estimated to be the 2nd fastest growing city in Idaho (see photos for information on this). *Selling Price: $900,000 *Tax Assessed Value: $1,306,520 (see the current tax assessed value in the photos of this posting) *Appraised Value in 2022: $1,400,000 (the value and demand on commercial property in this area have have continued to increase since 2022) *Terms: Cash, Conventional or possible owner financing with $500,000 down and the balance of $400,000 carried at 8% with a 5 year balloon and no prepayment penalty. *Note* This is an off market property (this property is not listed by an agent, it is for sale by owner) **Realtors Honored**If a Realtor brings a buyer to the table that sucessfully purchases the property, then I will pay a 8% commission to the Realtor. **Showings by appointment only**Contact Dave for more information and/or to schedule a showing**