849 N 4th St, Coeur D Alene, ID 83814

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Craig H.

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Building Details:

• Year Built: 1955

849 N 4th St is aretail property for lease in Coeur D Alene, ID.

Excellent mixed use stable investment at 849 N. 4th Street, Coeur d’Alene, Idaho. The building was built in 1955, but has been totally remodeled in the past 8 years. Including a newer membrane roof. The lot is 0.125 acres and is zoned “C-17”. The main level is a 3,648 sqft retail unit, with abundant glass and very nice interior finishes. The main level and basement are leased to a strong tenant on a five year lease. The commercial area has a gas heat pump and air conditioning. All HVAC, plumbing and electrical systems have been upgraded. The basement is nicely finished with high ceilings and is used for storage and overflow retail. The basement has a rollup door and ramp for vehicle access and loading and two parking stalls on site. The second level includes 5 apartments, with all units and common areas being updated and remodeled. 100% occupied with excellent rental history. This is in a prime location on 4th street. The traffic count and visibility is excellent. Current net income is $67,170 annually.

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