208.255.2244

Sandpoint, Idaho

Commercial Property Search in North Idaho

Listing Number:
20170420
$1,595,000.00
(208)255-2244 (800)205-8771
(208)255-2244
(800)205-8771

880 & 800 Kootenai Cutoff Rd, Ponderay, Idaho 83852

INCOME PROPERTY 6.8% CAP RATE. Two COMMERCIAL buildings on separate legal parcels located in Ponderay on a busy commercial corridor near Walmart, Home Depot, Starbucks, Verizon, GoodWill, O’Reilly’s Auto, North 40 & more. These properties have excellent visibility & access and plenty of parking. Sold together or separate. The corner property (880) has a 6400+/-sf bldg (built in 2007) on 0.62 acres of land, occupied by Elite Tire (past tenant was FedExGround). Bldg features 1 above grade loading dock & multiple drive through bays. Second property (800) has a 9917+/-sf FULLY LEASED multi-tenant building on 0.75 acres of land. Property demised into 5 separate spaces (2 retail, 3 warehouse) with 100% occupancy - 3 tenants on modified gross leases: Floor Show (since 2007), IDG (aerospace distributing) & Pawn, Inc (since 2003). Tenants share in several expenses including CAM & Management. Both properties are zoned INDUSTRIAL in City of Ponderay; several permitted uses allowed.

Business Offer
 
Business for Sale
No 
Business Type
 

Lot

Acreage
1.37 
Lot Size
1.37 
Lot Frontage
 
Lot Depth
 
Road Access
County Road Ftg 
Road Surface
Paved 
Water Frontage?
 
Body of Water
 

Building

Year Built
2007 
Year Remodeled
 
Building Sq. Ft.
16,317sq. ft.
Stories
 
Sale/Rent
For Sale 
Inventory Included?
No 
Construction
 
Handicap Access?
 
Lease Amount
Rental Amount

Location

County
Bonner 
Area
1-Sandpoint 
Zoning
Industrial 
Fire District
Northside 
Distance to County Rd
On County Rd 
In City Limits?
Yes 
LC
643

This listing courtesy of Evergreen Realty

(208)255-2244 (800)205-8771
(208)255-2244
(800)205-8771
 
CENTURY 21 RiverStone SMARTER. BOLDER. FASTER.