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Sherman Mall
412 Sherman Ave Coeur d'Alene, ID 83814
Listing Type: Retail Commercial
Sale or Lease: Sale
Size: 20,400 SF
Price: $1,280,000
Space Available: 4,000 SF
Max Contiguous: 585 SF
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412 Sherman Ave Coeur d'Alene, ID 83814 - Presented by Wayne Burton
Property Details
Listing Type: Retail Commercial
Sale or Lease: Sale
Size: 20,400 SF
Price: $1,280,000
Space Available: 4,000 SF
Max Contiguous: 585 SF
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Property Description

412 Sherman Avenue is a 3 story building with high curb appeal. Located in the heart of CdA downtown historical and tourist center. Its infrastructure has been improved upon in numerous areas. The building offers retail space on the ground floor, with small or medium size offices on the 2nd and 3rd floor. The building has not been professionally managed or leased for numerous years. Visionary, it has a basement that is ADA compliant with good possibilities ( Sports bar, restaurant etc). The up side is that the owner has no CAM charges, rents have not increased for many years. (New roof) (New HVAC 1st fl).

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Area Description

The historic downtown Coeur d'Alene, ID is a destination resort and shopping hub for the Inland Northwest. 4 blocks from The Coeur d'Alene Resort. Stable retail tenants and long term office tenants.

Overview

Lot Size: 20,400
No. Of Stories: 3
Average Floor Size: 5,100
Year Built: 1908
Renovated Year: 2001
Zoning Description: Commercial, Core Business District

Finance

Gross Income: $174,777
Scheduled Income: $195,720
Net Operating Income: $141,084
Taxes: 7,776

Features

Exterior Description: Brick with arched entry
Zoning: commercail

Contact Us

Wayne Burton
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