500 Cedar St, Wallace

$1,050,000

0 Beds
0 Baths
28,180 Sqft
.69 Acres
0 Garages

The Brooks Hotel, in the heart of Wallace Idaho, has been a local landmark for generations. Nestled in the Bitter Root mountains along Interstate 90, the quaint mining town of Wallace has become a destination for tourists from all over the world. They are drawn by the many summer festivals, skiing and snowmobiling in the winter and many other year round outdoor activities. The stunning brick building, which is on the national historic registry, was constructed in 1905 and served as the town's hospital for many years. Although The Brooks has seen several transformations through the years, much of the original architecture has been preserved and it maintains its original feel. FULL IDAHO STATE LIQUOR LICENSE INCLUDED IN SALE. While newer hotels rely on their modern amenities to succeed, The Brooks has lasted for years due to its charm and authenticity. This facility has several revenue streams and would be ideal for an owner/operator. The main floor contains the restaurant, lounge, hotel lobby, hotel rooms, offices and boutiques while the second floor has a combination of nightly rentals and apartments. The building has nearly 8,000 sq. ft. of additional, unfinished space that feels like a time capsule awaiting a true visionary to unlock its potential. The Brooks is undoubtedly one of a kind.

Essential Information
MLS® #19-5360
Price$1,050,000
Bathrooms0.00
Square Footage28,180
Square FootageAssessor/Tax Roll
Acres0.69
Year Built1905
TypeCommercial
Sub-TypeComm'l Bldg w/Land
StyleColonial
StatusActive
Community Information
Address500 Cedar St
Area12 - Silver Valley
CityWallace
CountyShoshone
StateIdaho
Zip Code83873
Amenities
ViewMountain, City
Interior
HeatingForced Air
Has BasementYes
BasementUnfinished
Interior Features

3 Phase Power, Wall Air Cond., Fire Sprinklers, Hardwood Floors

Exterior
ExteriorBrick
Exterior FeaturesCurbs, Sidewalks
Lot DescriptionCorner Lot, Level
RoofTar
ConstructionBrick/Block, Frame
FoundationBrick/Block, Concrete
Additional Information
ZoningCommercial
Office

Keller Williams Realty Coeur d'Alene

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