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880 & 800 Kootenai Cutoff Rd, Ponderay, Idaho 83852

INCOME PROPERTY 6.8% CAP RATE. Two COMMERCIAL buildings on separate legal parcels located in Ponderay on a busy commercial corridor near Walmart, Home Depot, Starbucks, Verizon, GoodWill, O’Reilly’s Auto, North 40 & more. These properties have excellent visibility & access and plenty of parking. Sold together or separate. The corner property (880) has a 6400+/-sf bldg (built in 2007) on 0.62 acres of land, occupied by Elite Tire (past tenant was FedExGround). Bldg features 1 above grade loading dock & multiple drive through bays. Second property (800) has a 9917+/-sf FULLY LEASED multi-tenant building on 0.75 acres of land. Property demised into 5 separate spaces (2 retail, 3 warehouse) with 100% occupancy - 3 tenants on modified gross leases: Floor Show (since 2007), IDG (aerospace distributing) & Pawn, Inc (since 2003). Tenants share in several expenses including CAM & Management. Both properties are zoned INDUSTRIAL in City of Ponderay; several permitted uses allowed.

Listing Number
20170420

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Price $1,595,000.00 Business Offer  
Business for Sale No  Business Type  
Lot
Acreage 1.37  Lot Size 1.37 
Lot Frontage   Lot Depth  
Road Access County Road Ftg  Road Surface Paved 
Water Frontage?   Body of Water  
Building
Year Built 2007  Year Remodeled  
Building Sq. Ft. 16,317  Stories  
Sale/Rent For Sale  Inventory Included? No 
Construction   Handicap Access?  
Lease Amount Rental Amount
Location
Area 1-Sandpoint  Zoning Industrial 
In City Limits? Yes  County Bonner 
Fire District Northside  Distance to County Road On County Rd 
LC 358    

This listing courtesy of Evergreen Realty
 
 
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