Skip To Content
    Return to Previous Page

    1411 N Division Ave

    Sandpoint, ID 83864
    • $2,495,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: 20-3217
    UPDATED: 199 min ago
    $2,495,000
    • 0
      BEDS
    • 3.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 37,000
      SQFT
    • $67
      $/SQFT
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Leased warehouse investment property in Sandpoint, Idaho. This 4 building 3.9+/- acre industrial property has outstanding access and visibility right on the corner of Division and Baldy Mountain Rd., two of Sandpoint's busiest arterials. Formerly the home of Alpine Lumber in Sandpoint the property has been recently remodeled and updated, allowing for new tenants. Most tenants are on multi-year leases. Currently there is approximately 8550' available to an additional tenant or for an owner user. Over 37,000 total building square feet. More than enough land to build additional buildings. At the current asking price with the current NOI this is just under a 6% cap rate. The proforma cap at this price is approximately 7.7%.

    Monthly Payment Calculator


    © 2020 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 Kerry Green Real Estate | Keller Williams Realty Coeur d Alene.Data last updated: 2020-07-08T00:03:47.657.
    www.kerrygreenrealestate.com/homes/105065331
    Print Image

    1411 N Division Ave Sandpoint, ID 83864

    • Price: $2,495,000
    • Status: Active
    • Updated: 199 min ago
    • ID#: 20-3217
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.92
    Acres
    37,000
    SQFT
    $67
    $/SQFT
    1985
    Built
    Neighborhood:
    North (Bonner & Boundary)
    County:
    Bonner
    Area:
    North (Bonner & Boundary)
    Property Description
    Leased warehouse investment property in Sandpoint, Idaho. This 4 building 3.9+/- acre industrial property has outstanding access and visibility right on the corner of Division and Baldy Mountain Rd., two of Sandpoint's busiest arterials. Formerly the home of Alpine Lumber in Sandpoint the property has been recently remodeled and updated, allowing for new tenants. Most tenants are on multi-year leases. Currently there is approximately 8550' available to an additional tenant or for an owner user. Over 37,000 total building square feet. More than enough land to build additional buildings. At the current asking price with the current NOI this is just under a 6% cap rate. The proforma cap at this price is approximately 7.7%.
    Exterior Features

    Aircraft Flight Zone Yes Construction Post & BeamSteel Frame Exterior Steel Exterior Features Exterior LightingFenceLandscapingPaved Parking Lot Features Corner LotLevel Lot Type Commercial Road PavedPublic Maintained Road Roof Metal Style Warehouse View MountainTerritorial

    Interior Features

    Basement No Basement Description None Foundation Concrete Fuel ElectricGas Heat Forced AirWall Sq Ft Level1 16000.00 Sq Ft Level2 2200.00

    Property Features

    Business Type Comm'l Bldg W/Land Business Type1 Manufacturing Equipment Included None Fire Protection District Yes Flood Zone Unknown Inventory Included No Inventory List Available No New Construction No Sewer City Sewer Sq Ft Source Owner Subject To CCRs No Subject To HOA No Tax Year 2019 Taxes 9911.00 Taxes Reflect No Exemptions Terms CashConventionalSba Water City Zoning Industrial Bus

    Listing provided courtesy of Keller Williams Realty- Sandpoint.

    © 2020 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 Kerry Green Real Estate | Keller Williams Realty Coeur d Alene.Data last updated: 2020-07-08T00:03:47.657.
     
    https://bt-photos.global.ssl.fastly.net/coeurdalene/1280_boomver_3_20-3217-2.jpg https://bt-photos.global.ssl.fastly.net/coeurdalene/1280_boomver_3_20-3217-2.jpg https://bt-photos.global.ssl.fastly.net/coeurdalene/1280_boomver_3_20-3217-2.jpg
    Logo
    Kerry Green Real Estate | Keller Williams Realty Coeur d Alene
    3931 North Schreiber Way
    Coeur d'Alene ID, 83815