1631 E Seltice Way | Post Falls, ID 83854
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1631 E Seltice Way
Post Falls, ID 83854
Retail Property For Sale
Investment Highlights
- Excellent Location
- Open Plan
- Lots of Natural Light
Executive Summary
This is a prime investment opportunity to acquire a 5,970 SF commercial building on 0.86 acres in Post Falls, Idaho. Zoned Industrial, the property offers flexibility for various commercial and industrial uses. Currently a NNN lease in place with an option to renew, this asset provides an immediate income stream, making it ideal for investors seeking stable returns. Located minutes from I-90, the property offers excellent access to Post Falls' local amenities and transportation links, with proximity to Coeur d'Alene and Spokane. Post Falls is a growing community with a strong economy, offering nearby retail centers, dining, and recreational options. A great addition to any investment portfolio, this property provides long-term income potential.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1998
Price
$1,300,000
Price Per SF
$217
Cap Rate
5.88%
NOI
$76,407
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.86 AC
Opportunity Zone
Yes
Zoning
I-Industrial
Parking
38 Spaces (6.33 Spaces per 1,000 SF Leased)
Frontage
151 FT on E Seltice Way
Amenities
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | P83500020070 | Improvements Assessment | $232,166 |
| Land Assessment | $654,045 | Total Assessment | $886,211 |
PROPERTY TAXES
Parcel Number
P83500020070
Land Assessment
$654,045
Improvements Assessment
$232,166
Total Assessment
$886,211
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