Property Listing No Longer Available for Sale

1315 N Highway 2, Sandpoint, ID

Industrial for Sale - $960,000 - 6,644 Sq. Ft.


Property Info

CIMLS#1037164
Location
  1315 N Highway 2
  Sandpoint ID 83864
UpdatedApril 3rd, 2019
TypeIndustrial
Price$960,000
Building6,644 Sq. Ft.

Property Description

HIGHLY VISIBLE OFFICE/RETAIL building in Sandpoint, Idaho just northeast of the Mountain West Bank Financial Center on Highway 2. The property is in the most desirable area of Sandpoint near several developments, including Dover Bay. This is a 6,644 SF retail/office investment property recently remodeled with high end finish work. The project is 100% occupied with 5 tenants. The NOI is approximately $58,000 per year, factoring in vacancy, management and reserves. Excellent traffic counts and visibility with good parking. Easy access to Spokane or Coeur d'Alene.


Financials