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    32211 Hwy 200

    Sandpoint, ID 83864
    • $2,350,000
    • STATUS: Active
    • ON SITE: 265 days
    • ID#: 20200252
    $2,350,000
    • 0
      BEDS
    • 1.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,550
      SQFT
    • $359
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Strong Income-Producing Property with STORAGE UNITS! Property consists of 4 commercial parcels (22 city lots) totaling 1.9 acres, encompassing an entire city block with frontage on both Highway 200 and Main Street. 115 Storage Units with on-site management currently provided by existing commercial tenant (Squeeky's). Storage units are currently at 95% occupancy following a rate increase and are expected to return to traditional 100% occupancy by Spring/Summer. Potential to add additional storage units. 3 Residential manufactured homes are fully leased, with recent improvements and updates. 3 Commercial spaces are fully leased and occupied by Squeeky's (50 Years in Business), Our Neck of the Woods, and Papa Stew Cycles. STRONG UPSIDE with virtually all commercial and residential leases currently below market rates! Vacant lot with Highway 200 Frontage leased and managed by Squeeky's (Uhaul operations and truck/trailer storage).

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    © 2020 of Selkirk Association of Realtors® MLS. All rights reserved. Listing information courtesy of Selkirk Association of Realtors® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Selkirk Association of Realtors. Data last updated 2020-10-26T23:59:22.087.
    www.nwprorealestate.com/homes/102917676
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    32211 Hwy 200 Sandpoint, ID 83864

    • Price: $2,350,000
    • Status: Active
    • ID#: 20200252
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.9
    Acres
    6,550
    SQFT
    $359
    $/SQFT
    1946
    Built
    Neighborhood:
    1-Sandpoint
    County:
    Bonner
    Area:
    1-Sandpoint
    School District:
    Lake Pend Oreille
    Property Description
    Strong Income-Producing Property with STORAGE UNITS! Property consists of 4 commercial parcels (22 city lots) totaling 1.9 acres, encompassing an entire city block with frontage on both Highway 200 and Main Street. 115 Storage Units with on-site management currently provided by existing commercial tenant (Squeeky's). Storage units are currently at 95% occupancy following a rate increase and are expected to return to traditional 100% occupancy by Spring/Summer. Potential to add additional storage units. 3 Residential manufactured homes are fully leased, with recent improvements and updates. 3 Commercial spaces are fully leased and occupied by Squeeky's (50 Years in Business), Our Neck of the Woods, and Papa Stew Cycles. STRONG UPSIDE with virtually all commercial and residential leases currently below market rates! Vacant lot with Highway 200 Frontage leased and managed by Squeeky's (Uhaul operations and truck/trailer storage).
    Exterior Features

    Land Characteristics LevelMountain ViewCorner Lot Parking Off Street Road Surface Gravel Roof Metal Water Access No Water Frontage No

    Interior Features

    Foundation Concrete Heating Fuel Source Forced AirGas-Natural

    Property Features

    Business Type Retail County Seat Sandpoint Covenant Restrictions No Financing CashConventional Fire District Northside Fire District YN Yes In City Limits Yes Range 2W Reo No Sale Rent For Sale Section 1 Sewer Public Sqft Source County Records Tax Property Id Rpk0218023009aa Tax Year 2019 Taxes 7105 Township 57N Type Commercial Building Water System Public Zoning Commercial

    Listing provided courtesy of Re/Max in Action.


    © 2020 of Selkirk Association of Realtors® MLS. All rights reserved. Listing information courtesy of Selkirk Association of Realtors® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Selkirk Association of Realtors. Data last updated 2020-10-26T23:59:22.087.
     
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