UPDATED:
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Comm'l Bldg w/Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $517
MLS Listing ID 26-9199
Style Multi Level
Year Built 1910
Annual Tax Amount $2,874
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Comm'l Bldg w/Land
Source Coeur d'Alene Multiple Listing Service
Property Description
The property has benefited from substantial improvements, including a major remodel in 2012, new roof in 2023, and new HVAC in 2024. Offered at $699,000, the property generates approximately $39,829 in current annualized NOI, representing a 5.70% current cap rate.
With two separate commercial buildings, established local tenants, NNN income, parking, recent capital improvements, and a convenient Sandpoint location, 723 Pine combines cash flow with long-term upside. Seller Finance Available.
Location
State ID
County Bonner
Area North (Bonner & Boundary)
Zoning Commercial C-CC
Direction On Pine street next to State Farm
Rooms
Basement Crawl Space
Interior
Interior Features High Speed Internet, Mini-Split A/C
Heating Natural Gas, Electric, Forced Air, Mini-Split
Cooling Central Air
Equipment Part
Exterior
Garage Spaces 1.0
Fence Partial
View Neighborhood
Roof Type Composition
Total Parking Spaces 1
Building
Lot Description Landscaped, Level
Foundation Pillar/Post/Pier, Block
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID RPS024500C0070A
Virtual Tour https://my.matterport.com/show/?m=vf2aBERDRP1
Nearby Locations
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