202 1St AveSandpoint, ID ID

This exceptional commercial property, located at 202 S 1st Ave in Sandpoint, Idaho, presents a rare investment opportunity. Priced at $1,300,000, this 0.27-acre lot boasts a substantial 12,000 square foot area (100x120 feet), situated on the highly visible corner of First and Lake Streets. The existing 2,947 square foot office building has been a local landmark for over four decades, previously known as the Coldwell Banker Building. The property's "A" Commercial zoning allows for mixed-use development, combining commercial and residential uses, with a permitted building height of 65 feet. This flexibility offers significant potential for redevelopment or continued use of the existing structure. Investors will appreciate the prime downtown location and the substantial lot size, providing ample space for expansion or future development projects. This unique offering is ideal for those seeking a high-visibility location with significant upside potential in a thriving Idaho community. Don't miss this chance to acquire a piece of Sandpoint's commercial history and shape its future. The property is ready for its next chapter, offering a blend of established presence and exciting development possibilities.