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602 & 606 N Government Way

Coeur d'Alene, ID 83814
  • $2,495,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 22-3832
New On Site 5 Days Ago
UPDATED: 172 min ago
$2,495,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,106
    SQFT
  • $608
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1916
County:

School Ratings & Info

Description

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 encouraged toto bring your vision and plans to bear on this excellent opportunity. Please contact the Listing Agent at (208)967-0084 and schedule an appointment.

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© 2022 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from Coeur d'Alene MLS. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coeur d' Alene.Data last updated: 2022-05-17T00:05:07.187.
www.idahohomelist.com/homes/128581540
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602 & 606 N Government Way Coeur d'Alene, ID 83814

  • Price: $2,495,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 172 min ago
  • ID#: 22-3832
0
Beds
0
Baths
0
½ Baths
0.31
Acres
4,106
SQFT
$608
$/SQFT
1916
Built
Neighborhood:
Blackwell Park
County:
Kootenai
Area:
01 - Cd'a Urban/Dalton
Property Description
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 encouraged toto bring your vision and plans to bear on this excellent opportunity. Please contact the Listing Agent at (208)967-0084 and schedule an appointment.
Exterior Features

Construction Frame Exterior Lap Siding Exterior Features LandscapingLawnPaved ParkingSidewalksSprinkler System Lot Features Corner LotLevelOpenSouthern Exposure Lot Type Residential Road Paved Roof Comp ShingleShake Style Multi Level View CityLakeNeighborhood

Interior Features

Basement Yes Basement Description Cellar Basement Finished Percent 0 Foundation Brick/MortarConcrete Fuel ElectricGasWood Heat CadetFireplaceForced Air Interior Features Cable Tv

Property Features

Business Type Mixed Use Business Type1 See Remarks Equipment Included None Inventory Included No Inventory List Available No New Construction No Remodeled No REO No Sewer City Sewer Short Sale No Sq Ft Source Assessor Subject To CCRs No Subject To HOA No Tax Year 2021 Taxes 6565.30 Taxes Reflect No Exemptions Terms 1031 ExchangeCashConventionalSee Remarks Water City Zoning Cda - R-17

Listing provided courtesy of Keller Williams Spokane.

© 2022 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from Coeur d'Alene MLS. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coeur d' Alene.Data last updated: 2022-05-17T00:05:07.187.
 
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