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849 N 4th St

Coeur d'Alene, ID
Floors
2
Total Size
10,902 sqft
Zoning
C-17
Year Constructed
1955
Year Renovated
0
Building Class

About 849 N 4th St

Excellent mixed use stable investment at 849 N. 4th Street, Coeur d’Alene, Idaho. The building was built in 1955, but has been totally remodeled in the past 8 years. Including a newer membrane roof. The lot is 0.125 acres and is zoned “C-17”. The main level is a 3,648 sqft retail unit, with abundant glass and very nice interior finishes. The main level and basement are leased to a strong tenant on a five year lease. The commercial area has a gas heat pump and air conditioning. All HVAC, plumbing and electrical systems look to be upgraded. The basement is nicely finished with high ceilings and is full usable storage and overflow for retail. The basement has a rollup door and ramp for vehicle access and loading and two parking stalls on site. The second level includes 5 apartments, with all units and common areas being updated and remodeled. 100% occupied with excellent rental history. This is in a prime location on 4th street. The traffic count and visibility is excellent. Offered at a 8.1% Cap Rate. - Number of buildings: 1 - Building condition: Good - Tenancy: Multiple Tenants

Internet Providers for 849 N 4th St

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
Frontier Communications of Northwest Inc. DSL
50 Mb/s
6 Mb/s

The City: Coeur d'Alene

Most listings are in the $10's per square foot per year. The Coeur d'Alene submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 17% decline in rent.

Median Rate Median Size
Coeur d'Alene $16
/sqft/yr
2,290
sqft

Median Rate over Time in Coeur d'Alene