207 Division StPinehurst, ID 83850

Property Details for 207 Division St

Lot size

0.25 AC

Property type

Investment properties

Property subtype

Live-work space

APN

RPG0750002030AA

APU

RPG0750002030AA

Description

This exceptional Pinehurst, ID commercial property presents a unique investment opportunity. The main building houses a thriving, 18-year-old hair salon boasting multiple stations for hair and nail services, a tanning room, ample storage, and a loyal clientele. The salon features gas forced-air heating and air conditioning. Upstairs, a separate 2-bedroom, 1-bathroom apartment offers additional income potential or owner occupancy. This apartment includes a large private deck and electric cadet heating. Adding to the property's versatility is an 8' x 40' Conex shop equipped with 220-volt power and a ventilation system, perfect for storage or additional business ventures. The property also includes a backup generator, ensuring uninterrupted operation. Situated on a 0.25-acre lot, the property enjoys a convenient location near thousands of acres of public land, just minutes from the Coeur d'Alene River, 30 minutes from Coeur d'Alene city, and 7 miles from Silver Mountain Resort. The 2,738 square foot building offers significant potential for growth and expansion in one of the nation's fastest-growing areas. Two separate entrances provide convenient access to both the commercial space and the residential apartment. This turnkey operation offers a blend of established business and income-generating potential, making it an ideal investment for a savvy entrepreneur.

• CAP approach

  CAP return

  Valuation

  6%

  $1,974,799

  6.5%

  $1,822,892

  7%

  $1,692,685

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,293,926

  Geo Method

  $2,293,926

• Alternative Use

  Use

  Valuation

  Residential

  $2,260,386

  Hospitality

  $2,070,501

  Educational

  $1,722,632

  Medical

  $1,781,876

  Retail

  $2,679,650

Location Insight

City

Pinehurst

County

Shoshone

State

Idaho

Latitude

47.5353

Longitude

-116.236

Property Tax & Assessments

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