$2,350,000

32211 Hwy 200

Sandpoint ID, 83864

Description

Strong Income-Producing Property with STORAGE UNITS! Property consists of 4 commercial parcels (22 city lots) totaling 1.9 acres, encompassing an entire city block with frontage on both Highway 200 and Main Street. 115 Storage Units with on-site management currently provided by existing commercial tenant (Squeeky's). Storage units are currently at 95% occupancy following a rate increase and are expected to return to traditional 100% occupancy by Spring/Summer. Potential to add additional storage units. 3 Residential manufactured homes are fully leased, with recent improvements and updates. 3 Commercial spaces are fully leased and occupied by Squeeky's (50 Years in Business), Our Neck of the Woods, and Papa Stew Cycles. STRONG UPSIDE with virtually all commercial and residential

Details

MLS#20-689
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site117

Features

SQ Feet6,550
Story(s)1
ZoningCommercial

Loading Form

Loading Form

Area Information

StateID
CountyBonner
CitySandpoint
Zip Code83864
AreaNorth (Bonner & Boundary)
Listing VS Median (in 83864)
Price:
$2,350,000
low | high
Med:
$315,000
100% of Average
SqFt:
6,550
low | high
Med:
1,535
100% of Average
$ / SqFt:
$359
low | high
Med:
$206
92.491032883675% of Average
On Site:
117
low | high
Med:
22
100% of Average
Listing Updated: 05/25/2020
MLS Number: 20-689
Listing Provided By:
Jeremy Dunn  of  RE MAX In Action

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.