Prime opportunity to own 10 commercial lots in the heart of downtown Spirit Lake! This unique offering includes two downtown commercial parcels spanning 10 city lots, exceptionally positioned on the high-visibility corner of Maine St. (AADT 1284)and Hwy 41 (5th) AADT 11,713 providing outstanding exposure and access. A 1,876 sq ft single-level commercial building sits on site, currently operating as a retail store but easily adaptable for a variety of uses and ventures. With ample space, and unbeatable location, this is a rare chance to invest, develop, expand, or establish your business in a growing North Idaho community.
What a remarkable opportunity! Building, land & business assets including 2-bed apartment and 1-car garage. Could be a turn-key pizza or sandwich shop, bistro, or something completely new in a great little town in the heart of north Idaho! When we say turn-key we mean it! Newly remodeled, big pizza conveyor oven brought over from Seattle, new hood, new table tops, new bars, new flooring, paint, fixtures, fire suppression system, grease trap... the list goes on & on. Comes with beer and wine license. Permits in place as it is only open seasonally at this time. Super cute 2-bedroom apartment in back with one-car garage. Spirit Lake needs this shop! With the High School, Jr. High & elementary schools just around the corner, multiple festivals on Maine St throughout the year, summer tourism on the lake, and a growing local population you can't go wrong.
Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..
Prime 4-unit mixed-use investment property on Spirit Lake's Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho's consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho's recreational paradise. The commercial space offers high-visibility Maine Street presence..
Multi-functional commercially-zoned home. Great exposure right off Highway 41. This building lends itself to many uses, with two entrances, 2 bathrooms and several rooms which could be offices. The garage has two separate rooms for storage or workspace use.
Historic two story commercial building in the heart of Spirit Lake, with the main floor fully leased and the upper floor a beautiful 3500 SF 4 bedroom, 3 bath residence. ''The Merc'' has been fully renovated in recent years including upgrades to the HVAC, plumbing,electrical, and mechanical systems. The street level, restaurant space has a commercial kitchen and the adjacent suite is a nicely finished retail space. The second floor apartment has 4 bedrooms plus a huge open bright studio, fully new remodeled kitchen and three bathrooms. Attached 2 car garage and plenty of street parking on Maine St. as well as private paved parking around back accessible from the alley. City park immediately to the east.
Historic two story commercial building in the heart of Spirit Lake, with the main floor fully leased and the upper floor a beautiful 3500 SF 4 bedroom, 3 bath residence; PLUS neighboring vacant 6098 sq. foot lot! ''The Merc'' has been fully renovated in recent years including upgrades to the HVAC, plumbing,electrical, and mechanical systems. The street level, restaurant space has a commercial kitchen and the adjacent suite is a nicely finished retail space. The second floor apartment has 4 bedrooms plus a huge open bright studio, fully new remodeled kitchen and three bathrooms. Attached 2 car garage and plenty of street parking on Maine St. as well as private paved parking around back accessible from the alley. City park immediately to the east. Current asking price includes vacant lot
Old West Hardware has been a cornerstone of the Spirit Lake Community for almost 40 years. This continuously profitable business is being offered at great price. The building that has housed the business for its entirety is also for sale.
Spirit Lake is located in Idaho. Spirit Lake, Idaho has a population of 1,770. Spirit Lake is less family-centric than the surrounding county with 25.85% of the households containing married families with children. The county average for households married with children is 30.29%.
The median household income in Spirit Lake, Idaho is $54,226. The median household income for the surrounding county is $64,936 compared to the national median of $69,021. The median age of people living in Spirit Lake is 38.6 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 27.5 inches per year, with 52.2 inches of snow per year.
