6236 W MAINE ST, Spirit Lake, ID 83869

$640,000 Active MLS® 26-6787 Commercial
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ActiveMLS® 26-6787
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6236 W MAINE ST, Spirit Lake, ID 83869 photo
Commercial
MLS® 26-6787
$640,000
6236 W MAINE ST, Spirit Lake, ID 83869
0 Baths 0.08 Acres 4,325 Sq.Ft. Built 1905
Description

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..

Interior features
  • Utilities Cable Connected
  • Basement description Unfinished, Cellar
  • Lot dimension 0.08
  • Lot description Open Lot, Level
Exterior features
  • View Territorial, City
  • Lot dimension 0.08
  • Lot description Open Lot, Level
  • Foundation Concrete Perimeter
  • Roofing materials Tar/Gravel, Rubber

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