521 3Rd AveSandpoint, ID 83864

  • Other commercial real estate
  • 5,984 SF
For Sale
$1,795,000 View listing

Property Details for 521 3Rd Ave

Year built
1999
Lot size
0.33 AC
Property size (Sq ft)
5,984 SF
Property type
Other commercial real estate
APN
RPS0129018011AA
APU
RPS0129018011AA

Description

This exceptional commercial property, situated across from Bonner General Hospital in Sandpoint, Idaho, presents a remarkable investment opportunity. Spanning 9,000 square feet on a 0.33-acre lot, this property boasts a diverse range of potential uses, falling within an Opportunity Zone and zoned Commercial A, mirroring the downtown core. The property includes a large, 3,600 square foot "Ambulance Bay" building constructed in 1999, featuring high ceilings, three expansive bay doors, and two industrial gas furnaces. Above this building is a 1,000 square foot open space, previously used as a meeting room, with residential conversion potential. A 1,800 square foot office building, built in 1985 and expanded in 1999, offers five offices, three bathrooms (including two private offices), and a gas furnace with heat pump and AC. A 1960s motel section contains five residential quarters, each with a full bath, plus two common areas, an office, and a full kitchen. Three residential quarters have baseboard heat

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,296,860
    Hospitality
    $1,187,917
    Educational
    $988,333
    Medical
    $1,022,323
    Retail
    $1,537,406
521 3Rd Ave, Sandpoint, Idaho

Location Insight

City
Sandpoint
County
Bonner
State
Idaho
Latitude
48.278
Longitude
-116.551
CBSA code
41760
CBSA name
SANDPOINT, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,794
$284,000
$612,343
$896,343
-
$284,000
$612,343
$896,343

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