525 Cedar St, Wallace

$1,200,000

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

Location, Location, Location....Here's your chance to own the Oldest Standing Brick Hotel in the State of Idaho, perfectly situated in the Heart of Historic Wallace! Having survived the Big Burn of 1910, it served as the Wallace Corner Lounge & Hotel throughout most of the early 1900s and has had many uses throughout the decades. It's currently operated as ''6th & Cedar'', that 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. The 2nd & 3rd Floors are an open canvas ready for you to make it your own personal residence with 2,500 sq. ft. on each floor, including just over 1,000 sq. ft. of Balcony Deck Space to enjoy throughout the year. Or, maybe develop the two floors into multiple units ready to rent, VRBO, or Sell. Endless potential for any creative Buyer with this spectacular property! Purchase includes the Land, Building, Operating Business, and Liquor License.

Essential Information
MLS® #21-6885
Price$1,200,000
Bedrooms5
Bathrooms4.00
Square Footage7,500
Square FootageAssessor/Tax Roll
Acres0.06
Year Built1885
TypeResidential
Sub-TypeCondo
StyleMulti-level
StatusActive
Community Information
Address525 Cedar St
Area12 - Silver Valley
SubdivisionWallace Townsite
CityWallace
CountyShoshone
StateIdaho
Zip Code83873
Amenities
AmenitiesHigh Speed Internet
GaragesNone
ViewCity, Mountain, Territorial
Interior
Interior FeaturesHigh Speed Internet
HeatingForced Air
Has BasementYes
BasementUnfinished
StoriesMulti-level
Appliances

Dishwasher, Electric Hot Water, Freezer, Microwave, Refrigerator

Exterior
RoofTar
Exterior

Concrete, Stucco, Brick, Cement Block

Exterior Features

Curbs, Exterior Lighting, Open Deck, Paved Parking, Sidewalks, See Remarks

Lot Description

Alley Access, Corner Lot, Level, Southern Exposure

Construction

Concrete, Frame, Block, Brick/Block

Foundation

Concrete, Brick/Block, Cinder Block

School Information
DistrictWallace - 393
Additional Information
ZoningWA-WALLACE
Office

Keller Williams Realty Coeur d'Alene

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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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