602 & 606 N Government Way, Coeur d'Alene, Idaho

$2,495,000

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4,106

Square feet

0.31

Acres

About 602 & 606 N Government Way

ATTENTION INVESTORS AND DEVELOPERS. Here is an excellent opportunity to acquire both 602 and 606 N Government Way in Coeur d'Alene. Sold as is, these contiguous properties make up 0.31 acres within the DO-N (Downtown-North) Overlay District. Utilizing Infill Design Standards found on the City of Coeur d'Alene's website under ''Planning Department'', this property is potentially open to development (with bonuses) up to an allowable 2.0 multiplier (FAR) floor area ratio. On 0.31 acres, this can amount up to 27,000 SF of livable area that can be developed, minus floor area dedicated to ''on grade'' parking, elevators, and other variables. This DO-N Overlay district FAR calculation places no restriction on the number of units that can be built, as long as acceptable SF is not exceeded and the maximum building height of 45 ft is not exceeded. Be aware that subterranean parking is a possible option that will not impinge on total floor area computation. With this in mind, you are encouragedto bring your vision and plans to bear on this excellent opportunity.

Features of 602 & 606 N Government Way

MLS® # 22-3832
Price $2,495,000
Bathrooms 0.00
Square Footage 4,106
Square Footage Assessor/Tax Roll
Acres 0.31
Year Built 1916
Type Commercial
Sub-Type Mixed Use
Style Multi Level
Status Active

Community Information

Address 602 & 606 N Government Way
Area 01 - Cd'A Urban/Dalton
Subdivision Blackwell Park
City Coeur d'Alene
County Kootenai
State Idaho
Zip Code 83814

Amenities

View Neighborhood, Lake, City

Interior

Interior Features Cable TV
Heating Cadet, Forced Air, Fireplace
Has Basement Yes
Basement Cellar

Exterior

Exterior Lap Siding
Exterior Features Sidewalks, Lawn Sprinkler Sys, Paved Parking, Landscaping, Lawn
Lot Description Open, Corner Lot, Level, Southern Exposure
Roof Comp Shingle, Shake
Construction Frame
Foundation Brick/Block, Concrete

Additional Information

Zoning CDA - R-17
Foreclosure No
Short Sale No

Listing Details

OfficeKeller Williams Spokane

Listing Map

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