414 Church St | Sandpoint, ID 83864
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- LoopNet Team
414 Church St
Sandpoint, ID 83864
The Sandpoint Center (Leased Investment) · Office Property For Sale
Investment Highlights
- Class A, Downtown Professional Office Investment, a rare opportunity in the Inland Northwest Region
- Extensive Common Area including Atrium, Auditorium, IT Facilities, Balconies, Onsite & Offsite Parking
- Offering based on ACTUAL income and expenses, approximate 6.5% cap increasing to 7.0% by year 2.
- Desirable Professional Tenancy (Finance, Insurance, Real Estate & Health Care) all with built in lease escalations
- Approximate 75% Occupancy = room for partial owner-user and income upside!
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
86,100 SF
Building Class
A
Year Built/Renovated
2008/2019
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
28,700 SF
Building FAR
0.83
Lot Size
2.39 AC
Zoning
Commercial (Downtown) - City of Sandpoint, downtown commercial zoning allows office, retail and some forms of residential.
Parking
124 Spaces (1.44 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Banking
- Controlled Access
- Conferencing Facility
- Courtyard
- Food Court
- Food Service
- Restaurant
- Security System
- Skylights
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Recessed Lighting
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | RPS01-290-10001BA | Improvements Assessment | $10,557,406 |
| Land Assessment | $3,099,845 | Total Assessment | $13,657,251 |
PROPERTY TAXES
Parcel Number
RPS01-290-10001BA
Land Assessment
$3,099,845
Improvements Assessment
$10,557,406
Total Assessment
$13,657,251
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