6236 MAINE, Spirit Lake, ID 83869

Courtesy of Keller Williams Realty Coeur d'Alene

$640,000
4,325
SqFt

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List Price
$640,000
Status
ACTIVE
Days on Market
26
MLS#
26-6787
Subtype
Commercial Sale
Style
Multi Level
Year Built
1905
Living Area
4,325
Lot Size
3,484
Acres
0.08
MLS Area Major
05 - NW Kootenai Co

Property Description

Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..

Additional Information

Taxes
$2,380
Property Description
Multi Level
Zoning
COM
Heating
Baseboard, Electric
Exterior Features
Exterior
Roof
Tar/Gravel, Rubber
Foundation
Concrete Perimeter
Parking Features
Paved
View
Territorial, City

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