308-326 N 1st Ave
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308-326 N 1st Ave
13,871 SF 100% Leased Retail Building Sandpoint, ID 83864 $5,618,568 CAD ($405 CAD/SF)
Investment Highlights
- Waterfront with boatable access to Lake Pend Oreille
- 24 Parking Spaces
- 3 Parcels
- First Avenue Retail Sidewalk Frontage
- Development Potential
- Opportunity Zone
Executive Summary
Exceptional Waterfront Development Opportunity in Downtown Sandpoint
Explore a unique chance to acquire three adjoining parcels on N. 1st Avenue, right in the vibrant center of downtown Sandpoint, featuring beautiful views of Sand Creek. Conveniently located between Main St. and Cedar St., this prime site is part of the area's highest-grossing commercial block, ensuring outstanding visibility and steady foot traffic. Located within a Qualified Opportunity Zone.
Currently leased to dependable long-term tenants, these properties generate immediate income while you plan for future development. Zoned Commercial A, this site offers the potential to build up to 65 feet tall for a mixed-use project.
Don’t miss this opportunity to transform and elevate the heart of Sandpoint. Bring your vision to life in this extraordinary location!
Explore a unique chance to acquire three adjoining parcels on N. 1st Avenue, right in the vibrant center of downtown Sandpoint, featuring beautiful views of Sand Creek. Conveniently located between Main St. and Cedar St., this prime site is part of the area's highest-grossing commercial block, ensuring outstanding visibility and steady foot traffic. Located within a Qualified Opportunity Zone.
Currently leased to dependable long-term tenants, these properties generate immediate income while you plan for future development. Zoned Commercial A, this site offers the potential to build up to 65 feet tall for a mixed-use project.
Don’t miss this opportunity to transform and elevate the heart of Sandpoint. Bring your vision to life in this extraordinary location!
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
13,871 SF
Building Class
C
Year Built
1910
Price
$5,618,568 CAD
Price Per SF
$405 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.60
Land Acres
0.53 AC
Opportunity Zone
Yes
Zoning
Commercial A - Commercial A
Parking
1.8 Spaces per 1,000 SF Leased
Frontage
198 ft on North 1st Avenue
Amenities
- Waterfront
- Air Conditioning
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | RPS01-310-24006AA | Improvements Assessment | $892,605 CAD |
| Land Assessment | $1,293,870 CAD | Total Assessment | $2,186,475 CAD |
PROPERTY TAXES
Parcel Number
RPS01-310-24006AA
Land Assessment
$1,293,870 CAD
Improvements Assessment
$892,605 CAD
Total Assessment
$2,186,475 CAD
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Ned Brandenberger -
William Mitchell -
Evergreen Realty
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308-326 N 1st Ave
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