525 Cedar Street, Wallace

$985,000

0 Beds
0 Baths
7,500 Sqft
.06 Acres
0 Garages

If these walls could talk! Here's your chance to own the Oldest Standing Brick Hotel in the State of Idaho! Originally Built in 1885, a September fire in the late 1890s burned down most of the town. Within months the current building was erected and ready for the long cold winter. Having survived the Big Burn of 1910, it served as the Wallace Corner Lounge & Hotel through most of the early 1900s and has had many uses throughout the decades. It's currently operated as ''6th & Cedar'', and has a successful coffee shop and a brand new bar and lounge area true to the 1930s post Prohibition era. The Original Iconic 2nd Floor Balcony was replaced/added in 2018, and the purchase will include the land, building, operating business and full Historical Liquor License that remains with the building.

Essential Information
MLS® #21-6377
Price$985,000
Bathrooms0.00
Square Footage7,500
Square FootageAssessor/Tax Roll
Acres0.06
Year Built1885
TypeCommercial
Sub-TypeBusiness, Bld & Land
StyleRetail
StatusActive
Community Information
Address525 Cedar Street
Area12 - Silver Valley
SubdivisionWallace Townsite
CityWallace
CountyShoshone
StateIdaho
Zip Code83873
Amenities
ViewMountain, Territorial, City
Interior
HeatingForced Air, Cadet
Has BasementYes
BasementUnfinished
Interior Features

High Speed Internet, Hardwood Floors, See Remarks

Exterior
Exterior FeaturesCurbs, Sidewalks, See Remarks
RoofTar
ConstructionBlock, Concrete, Brick/Block
FoundationBlock, Brick/Block, Concrete
Exterior

Brick, Cement Block, Stucco, Concrete

Lot Description

Level, Alley Access, Corner Lot, Southern Exposure

Additional Information
ZoningWA-WALLACE
Office

Keller Williams Realty Coeur d'Alene

Property History
Price Reduced from $1,200,000 to $985,000
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The information being provided by the Coeur d'Alene MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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