1218 Sherman AveCoeur d'Alene, ID 83814

Property Details for 1218 Sherman Ave

Lot size

0.12 AC

Property size (Sq ft)

2,208 SF

Property type

Specialty properties

Property subtype

Land

Description

This exceptional 2,208 square foot commercial property, situated on a 0.12-acre lot at 1218 E Sherman Ave in Coeur d'Alene, Idaho (zip code 83814), presents a unique investment opportunity. Currently configured as three separate apartments, each with its own entrance, the building offers flexible zoning (C-17) allowing for diverse commercial or residential uses. Imagine the possibilities – a thriving business with owner's quarters, or a multi-unit rental property. The property boasts off-street paved parking in front and additional parking in the rear accessed via an alley. A detached storage building adds further utility. The prime location offers unparalleled convenience, with proximity to Lake Coeur d'Alene, Sanders Beach, Tubbs Hill, McEuen Park, the Coeur d'Alene Resort, and the vibrant downtown area, including numerous shopping and dining options. The top-floor apartment is furnished and equipped with internet and television. The property's estimated annual gross scheduled income is $49,380. This is a rare chance to own a piece of Sherman Avenue in the heart of Coeur d'Alene. The asking price for this versatile property is $775,000.

Location Insight

City

Coeur d'Alene

County

Kootenai

State

Idaho

Latitude

47.6731

Longitude

-116.768

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