INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!
Listed By
Agency Name: Kelly Right Real Estate
Shown By
Agent Name: Elizabeth Larsen
Agent Phone: (509) 951-4501
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 2,847.25 per month $2,281.21 Principal & Interest $267.08 Property Tax $298.96 Homeowner's Insurance
602 N Government Way | MLS# 25-6221
This single family home located at 602 N Government Way, Coeur d Alene, ID 83814 is currently listed for sale with an asking price of $1,025,000. This property was built in 1916 and has 3 bedrooms with 2162 sq. ft. N Government Way is located within the CDA - 271 school district. Search Coeur D Alene real estate on elarsen.cbspokane.com today.