Wonderful Brick Building with Three Business Fronts in Wallace, all in One Building. The Wallace Laundromat is a Well Maintained, Super Clean, Very Profitable Facility in Downtown Wallace. The Other Two Spaces have been Leased to a Local Restaurant. Building is in Great Shape. Don't Overlook this Income Producing Opportunity and a Chance to Own a Part of the Amazing Historic Town of Wallace.
Investment opportunity in the heart of North Idaho's Coeur d'Alene National Forest. Once in a lifetime opportunity to own a long established, popular and successful restaurant, bar, RV campground and single family residence on 5.38 acres with 481 feet of water frontage on Prichard Creek. TAVERN HIGHLIGHTS: liquor license, live entertainment venue, cocktail bar, restaurant, covered patio, beer garden, billiards game room, Wolf range & flat-top grill, Wi-Fi. CAMPGROUND HIGHLIGHTS: 7 full size RV stalls with water and power, 481 feet of waterfront on Prichard Creek giving direct access to the Coeur d'Alene River. Plenty of room to expand the RV park or add additional income producing amenities. HOME HIGHLIGHTS: 1,043 sq ft, recently renovated 3 bedroom I bath, currently operating as a vacation rental. There's room for future expansion and increased revenue on the newly acquired 4+ acres. It's your blank slate for a future lodge, cabins, etc.
Location, Location, Location....Here's your chance to own the Oldest Standing Brick Hotel in the State of Idaho, perfectly situated in the Heart of Historic Wallace! Having survived the Big Burn of 1910, it served as the Wallace Corner Lounge & Hotel throughout most of the early 1900s and has had many uses throughout the decades. It's currently operated as ''6th & Cedar'', that has a successful coffee shop and a brand new bar and lounge area true to the 1930s post Prohibition era. The Original Iconic 2nd Floor Balcony was replaced/added in 2018. The 2nd & 3rd Floors are an open canvas ready for you to make it your own personal residence with 2,500 sq. ft. on each floor, including just over 1,000 sq. ft. of Balcony Deck Space to enjoy throughout the year. Or, maybe develop the two floors into multiple units ready to rent, VRBO, or Sell. Endless potential for any creative Buyer with this spectacular property! Purchase includes the Land, Building, Operating Business, and Liquor License.
5 Lots combined into a .32 Acre Buildable City Lot with amazing views of the Historic City of Wallace, Idaho, and the surrounding Bitterroot Mountain Range. City Sewer, City Water, Electricity, and Natural Gas are all in and available for a quick and painless building permit process. Submit your plans today so that you can be ready to build your home or investment property when the snow is gone in the Spring!!!
Wallace is located in Idaho. Wallace, Idaho has a population of 1,062. Wallace is less family-centric than the surrounding county with 19.49% of the households containing married families with children. The county average for households married with children is 22.26%.
The median household income in Wallace, Idaho is $46,250. The median household income for the surrounding county is $43,188 compared to the national median of $69,021. The median age of people living in Wallace is 42.2 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 37 inches per year, with 82.1 inches of snow per year.
