For Sale
$3,995,000

1St Ave Sandpoint, ID 83864

Downtown Sandpoint, high-grossing, development potential.

Overview

Added:
Feb 3
Days on market:
74
This exceptional commercial investment opportunity encompasses three parcels totaling 2.61 acres on North 1st Avenue in the heart of Sandpoint, Idaho. Boasting 13,404 square feet of existing commercial space, this property enjoys unparalleled visibility and high foot traffic, situated between Main Street and Cedar Street – the highest-grossing commercial block in town. Currently occupied by established, long-term tenants, this portfolio provides immediate and substantial rental income. The property's prime location offers significant potential for future development. Zoned Commercial A, the site allows for construction up to 65 feet, presenting a unique chance to create a mixed-use project that capitalizes on Sandpoint's thriving downtown area. The property's frontage on Sand Creek adds to its aesthetic appeal and desirability. This is a rare chance to acquire a significant piece of Sandpoint's commercial core, offering both immediate return on investment and exciting long-term development possibilities. The existing buildings provide a stable income stream while the zoning and location present a compelling opportunity for future expansion or redevelopment. This is a generational opportunity to own a piece of Sandpoint's vibrant commercial landscape. Don't miss this chance to shape the future of downtown Sandpoint.

Property Details for 1St Ave

Property type
Commercial real estate
Square Feet
13,404 SF
Year Built
1975
Lot Size (sq. ft)
113,692 SF

Location Insight

City
Sandpoint
County
Bonner
State
Idaho
Latitude
48.31021
Longitude
-116.5129
1St Ave, Sandpoint, Idaho

FAQs

What type of property is this?
Commercial real estate - Downtown Sandpoint, high-grossing, development potential.
Where is the commercial real estate located?
The property is located at 1St Ave Sandpoint, ID.
What is the asking price?
The asking price for this property is $3,995,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1St Ave
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