102 S 1st Ave
Sandpoint ID 83864
102 1st Avenue
102 S 1st Ave Sandpoint ID 83864
Listing #: 686272 | Status: Available | Last Modified: 3/10/2026 |
For Sale
- Phone:(509) 263-5645
- Email:haleybusby@windermere.com
- Office Name:Windermere Real Estate/ Valley, Inc.
- Office Phone:(509) 928-1991
- Office Website:www.windermerespokanevalley.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,200,000.0
- Listing StatusAvailable
- Days on Market607
- Asset ClassRetail, Office, Hotel/Motel
- Terms
- CondoYes
- Condo $/SF356
- Condo SF3,370
- Condo Parcel #
- Condo Fees
- Investment Type
- Investment PropYes
- Gross Income62,000
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income62,000
- CAP Rate 5.17 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Sanitary SewerCity
- Water
- Electricity
- Storm SewerCity
- Gas LinesCity
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units3
- # of Elevators1
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12000
- Net Rentable Area12000
- Total Office SF12000
- Largest Contiguous SF
- Lot SF17964
- Acres0.41
- Property TypeRetail
- Office Type
- Building Class
- CountyBonner
- Vicinity
- Location Description
- Second Address
- Cross StreetPine & First Ave
- Market AreaNot Assigned
- Tax ID #RPS73070001000A
- Additional ParcelsRPS73070002000A
- ZoningCA
- # Covered Spaces0
- # Uncovered Spaces7
- Total Parking Spots7
- Parking Ratio
- Year Built2001
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Prime Retail Investment Opportunity
Here is your chance to purchase a fully leased retail unit on one of the busiest corners in Sandpoint, ID. Sandpoint, ID, is a high-potential investment destination driven by strong tourism, a growing tech/manufacturing base, and high demand for residential/vacation properties near Lake Pend Oreille and Schweitzer Mountain. With 9-years remaining on the the current lease, and a cap rate of 5.5%, this property ideal for a longterm hold that will benefit from market appreciation as the Sandpoint area continues to grow.
Great location in downtown Sandpoint with Lake Pend Oreille views. Located above Ivano`s Restaurant.
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