1411 N Division Ave, Sandpoint

$2,495,000

0 Beds
0 Baths
37,000 Sqft
3.92 Acres
0 Garages

Leased warehouse investment property in Sandpoint, Idaho. This 4 building 3.9+/- acre industrial property has outstanding access and visibility right on the corner of Division and Baldy Mountain Rd., two of Sandpoint's busiest arterials. Formerly the home of Alpine Lumber in Sandpoint the property has been recently remodeled and updated, allowing for new tenants. Most tenants are on multi-year leases. Currently there is approximately 8550' available to an additional tenant or for an owner user. Over 37,000 total building square feet. More than enough land to build additional buildings. At the current asking price with the current NOI this is just under a 6% cap rate. The proforma cap at this price is approximately 7.7%.

Essential Information
MLS® #20-3217
Price$2,495,000
Bathrooms0.00
Square Footage37,000
Square FootageOwner
Acres3.92
Year Built1985
TypeCommercial
Sub-TypeComm'l Bldg w/Land
StatusActive
Community Information
Address1411 N Division Ave
AreaNorth (Bonner & Boundary)
CitySandpoint
CountyBonner
StateIdaho
Zip Code83864
Amenities
ViewTerritorial, Mountain
Interior
HeatingForced Air, Wall
BasementNone
Exterior
ExteriorSteel
Lot DescriptionCorner Lot, Level
RoofMetal
ConstructionPost & Beam, Steel Frame
FoundationConcrete
Exterior Features

Fence, Paved Parking, Landscaping, Exterior LIghting

Additional Information
ZoningIndustrial Bus
Office

Keller Williams Realty- Sandpoint

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