Professional Office Space with 2 apartments: Looking to start a business in Sandpoint that works in professional office zoning? We have moved our business and we are now selling some prime real estate in downtown Sandpoint to the right buyer. This building has tremendous exposure – on 5th street thoroughfare – with corner signage -on the main route through town. We previously valued the location and the drive-by advertising advantage to be worth at least$ 500.00 per month. We originally purchased this building with the mantra of location, location, location. Professional Office Space with 2 apartments: Email; idahovet@gmail.com Phone: 208-290-8515 email or text to set up conversation – serious buyers only – no realtors viewing on Sundays primarily Total Square footage is 3366. The office space is 1502 bft2 with 5 rooms, a bathroom, and it's own parking lot- not common in Sandpoint. There is also street parking. It is currently leased (on a month to month) by an accounting firm. This building worked for us originally because we also lived upstairs and were able to combine living and working under one mortgage. This situation has been improved with an expansion of an additional apartment onto the back of the building. This downstairs apartment is a 775 ft2, two bedroom living space, kitchen, and bathroom. The 1089 ft2 upstairs apartment – 1 bedroom – could be a second living space, or a rental to help towards the mortgage. The income, at this time includes: 2000 per month for the office space, 1200 per month for the back downstairs apartment space, and 1000 per month for the upstairs apartment. These units are never empty and generally rent within a week as the location is prime for town. Our prices are generally kept slightly below market value to keep stable, quality, long-term renters. Obviously, Sandpoint is one of the most desirable places in the US to live, however, real estate prices have made it difficult to get started. This could be a perfect solution for the right person or family. If you are not familiar with our town, there are plenty of sites to research, but it should be noted, we have the largest lake in Idaho in the pristine Rocky Mountains, and our local Ski Resort, Schweitzer, is acclaimed. The variety of restaurants, retails stores, and cultural events, make our town a rare gem. The popularity of the area - lots of clean water and natural beauty- guarantees growth, increasing property values, and more amenities to come. This location is an easy bike ride to everywhere with the town's main bike path only a block away. Lastly, we may be able to provide owner financing to the right person and the right situation. Our town if very important to us and we are hoping to help someone get started if we can. This does not mean if you are an investor or developer, we will turn you away. Details: Location: 421 Church Street, Sandpoint, Idaho (the corner of 5th Street and Church Street) Total Square feet lot: 7100 (0.163 acres) 1503 Square feet office space 775 Square feet apartment downstairs: 1089 Square feet apartment upstairs Total Square feet building: 3366 Monthly property taxes: $ 258 Yearly Total $ 3099 Monthly insurance costs: $ 111 Yearly Total: $ 133 Average monthly power costs: $ 274 Average monthly water / sewer costa: $ 164 Average monthly waste disposal costs: $ 48 Other: Roof – less than 10 years old Furnaces (2) – need to be replaced soon (estimated 12-15K) new construction next door for coffee shop (what could be better?)
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
