102 S. EUCLID AVE., Sandpoint, ID

Office for Sale - $3,795,000 - 41,760 Sq. Ft. on 1.01 acres


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Agent Info

NameBRAD SCOTT

Property Info

CIMLS #1042090
Location102 S. EUCLID AVE.
Sandpoint ID 83864
Last UpdatedMarch 21st, 2019
TypeOffice
Price$3,795,000
Building41,760 Sq. Ft.
Land1.01 acres
DemographicsView data

Contact


Property Description

This beautifully property was completely renovated in 2006-2008 and is now celebrating 11 years in business providing Sandpoint's professional business and medical community with modern individual office spaces that are comparable to any in the Northwest. Better yet, these offices are located in a historically significant, yet modern building in the incomparable setting of Sandpoint Idaho, on the shores of Lake Pend Oreille.

The property is also the location for the North Idaho College satellite campus in Sandpoint.

Located within the downtown core area, this property is rare in that it also includes 100+ parking spaces. The common areas of the building are detailed with abundant use of craftsman milled vertical grained fir trim, doors, handrails and ceiling grid. The building is all ADA compliant with modern elevator and handicap access entry. All office suites are separately metered for utilities and each has it's own HVAC rooftop unit.

The events space is located in the third floor Auditorium, seating up to 375 people and also able to seat 220 people for banquets. This beautiful room boasts the original plaster column and ceiling details as well as a full performance stage, dimmable lighting, sound system and 14 foot drop down screen for computer presentations or full movie entertainment


Financials

Leases are Modified Gross, income produces an 8.3% CAP rate. Pro forma report available upon request


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