For Sale
$5,500,000

600 Cedar StWallace, ID 83873

Historic Downtown Wallace Business & Real Estate

Overview

Added:
Feb 3
Days on market:
63
This unique, multi-level commercial property in historic Wallace, ID, offers a compelling investment opportunity. The 23,868 sq ft building boasts a thriving, established business including a fully turnkey restaurant with a beer and wine license, a bookstore, clothing store, coffee and bakery, and ample retail space. The indoor and outdoor seating accommodates approximately 85 guests. A fully staffed operation with existing management ensures a smooth transition. Ten second-floor rental units currently serve as commercial office space and employee housing, providing additional income streams. A large (~7500 sq ft) basement with street-level access offers significant untapped potential. The property enjoys a prime downtown location, just off the I-90 corridor and two blocks from the Trail of the Coeur d'Alene's bicycle trail, with two ski resorts within a 15-minute drive. The business, established nine years ago (five years prior in other locations, four in the current building), benefits from strong social media and network marketing, projecting $1.3 million in 2024 revenue. The sale includes all business assets, real estate, and owner training is available. This is an exceptional opportunity to acquire a profitable, established business with significant upside potential in a vibrant, high-traffic location. The 0.14-acre lot provides ample space for future expansion or development.

Property Details for 600 Cedar St

Property type
Square Feet
23,868 SF
Year Built
1933
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Wallace
County
Shoshone
State
Idaho
Latitude
47.47217
Longitude
-115.9237
600 Cedar St, Wallace, Idaho

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600 Cedar St
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