Description
Perfect investment opportunity in great location with OWNER TERMS! This 5300 square foot building has a great rental history and endless opportunities. The main level offers offices, meeting rooms, retail space, several entrances and two restrooms. The second level boasts a large two bedroom two bathroom apartment and an additional large bonus room. Abundant natural lighting throughout this unique building and tons of character and options. Located in an ideal location off Highway 200 across from the Bonner Mall. The building is on 100 land lease with a fraction of the property taxes of its neighbors. Making this solid, sound investment currently leased to a thriving business and producing a 6.6% cap rate. Grab your calculator, run the numbers and call your local agent. Owner is a licensed Real Estate agent in the state of Idaho.
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School Ratings & Info
Description
Perfect investment opportunity in great location with OWNER TERMS! This 5300 square foot building has a great rental history and endless opportunities. The main level offers offices, meeting rooms, retail space, several entrances and two restrooms. The second level boasts a large two bedroom two bathroom apartment and an additional large bonus room. Abundant natural lighting throughout this unique building and tons of character and options. Located in an ideal location off Highway 200 across from the Bonner Mall. The building is on 100 land lease with a fraction of the property taxes of its neighbors. Making this solid, sound investment currently leased to a thriving business and producing a 6.6% cap rate. Grab your calculator, run the numbers and call your local agent. Owner is a licensed Real Estate agent in the state of Idaho.
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© 2024 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from Coeur d'Alene MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Idaho Listings Group | Keller Williams Realty Coeur d’ Alene.Data last updated: 2024-10-14T17:04:27.897.