For Sale
$4,500,000

1201 Ironwood DrCoeur d'Alene, ID 83814

Class B Office, 46,604 SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 46,604-square-foot Class B office building located at 1201 W Ironwood Dr, Coeur d'Alene, ID 83814. The property, situated on a generous 3.92-acre lot (APN C0000012750), boasts a desirable location in Kootenai County. Built in 1976 and extensively renovated in 2000, including a recent roof replacement, this four-story building offers a substantial 12,490-square-foot typical floor plate. Currently 100% occupied under a single-tenant NNN lease expiring September 30, 2024, the tenant will be vacating, presenting a unique opportunity for immediate repositioning. The building features a parking ratio of 5 spaces per 1,000 square feet, ensuring ample parking for tenants and visitors. Priced at $4,500,000 ($96.56/SF), this property is zoned C-17L and presents significant potential for various uses, including continued operation as a traditional office building, a medical office facility, or even residential redevelopment. The property's size, location, and flexible zoning make it an attractive investment for discerning buyers seeking a strong return in the thriving Coeur d'Alene market.

Highlights

  • 46,604 SF Class B office building on a 3.92-acre lot in Coeur d'Alene, ID.
  • Located at 1201 W Ironwood Dr, APN C0000012750.
  • Built in 1976, extensively renovated in 2000, including a recent roof replacement.
  • Four-story building with a 12,490 SF typical floor plate; currently 100% occupied, lease expiring September 30, 2024.
  • 5/1000 parking ratio; $4,500,000 asking price ($96.56/SF).
  • C-17L zoning allows for various uses, including office, medical, or residential redevelopment.

Property Details for 1201 Ironwood Dr

Property type
Office properties
Square Feet
46,604 SF
Class
B
Year Built/Renovated
1976/2000

Location Insight

City
Coeur d'Alene
County
Kootenai
State
Idaho
Latitude
47.69783834
Longitude
-116.80243986
1201 Ironwood Dr, Coeur d'Alene, Idaho

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1201 Ironwood Dr
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