100 & 105 1ST AVE, Sandpoint, ID 83864 (MLS# 26-6449)

100 & 105 1ST AVE, Sandpoint, ID 83864

$3,995,000

An incredible investor opportunity to own two adjacent waterfront buildings in the heart of downtown Sandpoint.

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Two separate buildings totaling over 10,000 sq ft, the vacant lot between them and a spacious penthouse residence with strong rental history & earning potential.

Cross over Sand Creek to access City Beach & the bike path.

Situated off 1st Avenue with ideal street and water frontage.

Each building has active restaurant tenants.

Private penthouse entrance off 1st Avenue.

Just steps from shopping, dining, city beach and more!

Situated on the 2nd floor of the historic Fidelity Trust building.

Fully remodeled & updated to maintain the historical charm and character.

Approximately 3,000 sq ft of living space with 3 bedrooms & 3 baths.

A charming 3,844 sq ft building with indoor/outdoor dining areas.

Property Type: Commercial Square Footage: 10,594 Lot Size (sq. ft.): 16,117 Status: Active

Current Price: $3,995,000 List Date: 6/22/2026 Last Modified: 7/01/2026

Overview

Description

A RARE WATERFRONT INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN SANDPOINT. This one-of-a-kind commercial offering features two separate buildings totaling over 10,000 SF, each with active restaurant tenants and expansive patios overlooking the marina. A LUXURY PENTHOUSE RESIDENCE operates as a successful 3 bed / 3 bath vacation rental, providing additional income earning potential. The parcel between the two buildings is included and filled with beautiful gardens, picturesque patio space and direct access to the Sand Creek marina and boardwalk. Historic downtown Sandpoint includes a unique collection of restaurants, retail businesses, art galleries and entertainment a mere 20 minutes from Schweitzer Mountain Resort. Located within Sandpoint's Federal Opportunity Zone, this LEGACY-QUALITY ASSET offers compelling tax incentive potential in one of the most sought-after resort towns in the Northwest.

Listing Details MLS# 26-6449

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2026-06-22
Short Sale: No
REO: No

General Property Description

Building Style: Restaurant
Basement: Yes
Year Built: 1909
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 10594
Bldg #2 Sq Ft: 6750
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.37
Lot Type 1: Commercial
Business Type: Restaurant
Realtor.COM Type: Commercial

Legal and Taxes

Legal: 22-57N-2W BRIDGE ADDN BLK 1 LOT 4 LESS TAX 1 OFFICE; 22-57N-2W WEILS ADDN BLK 1 LOT 2; See Remarks
AIN/Tax Bill: 21645
Parcel Number: RPS0038001004AA
Zoning: COMMERCIAL-A
Directions: Downtown Sandpoint on 1st Avenue near the Pine Street intersection.
Taxes: 8367.66
Tax Year: 2025
Taxes Reflect 1: No Exemptions

Remarks

Public Remarks: A RARE WATERFRONT INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN SANDPOINT. This one-of-a-kind commercial offering features two separate buildings totaling over 10,000 SF, each with active restaurant tenants and expansive patios overlooking the marina. A LUXURY PENTHOUSE RESIDENCE operates as a successful 3 bed / 3 bath vacation rental, providing additional income earning potential. The parcel between the two buildings is included and filled with beautiful gardens, picturesque patio space and direct access to the Sand Creek marina and boardwalk. Historic downtown Sandpoint includes a unique collection of restaurants, retail businesses, art galleries and entertainment a mere 20 minutes from Schweitzer Mountain Resort. Located within Sandpoint's Federal Opportunity Zone, this LEGACY-QUALITY ASSET offers compelling tax incentive potential in one of the most sought-after resort towns in the Northwest.

Address

Street Number: 100 & 105
Street Name: 1ST
Street Suffix: AVE
State/Province: ID
Postal Code: 83864
County: Bonner

Miscellaneous

Sec: 22
Twn: 57N
Rng: 02
Rng Dir: WBM

More Information

Property Subject To

CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: Negotiable
Equipment Included in Sale Price?: Negotiable
Confidential from Employees?: No
Non-Disclosure Agreement: Yes

Owner Qtrs

#Baths: 3
#Bdrms: 3
SqFt: 3000
SqFtSource: OWNER
Owner Qtrs: Yes

Showing Instructions

Showing Service Name: None

View

City: Yes
Lake: Yes

Lot Features

Landscaped: Yes
Level: Yes
Open Lot: Yes
Southern Exposure: Yes

Interior Features

Cable Internet Available: Yes
Central Air: Yes
Hardwood Floors: Yes
High Speed Internet: Yes
Mini-Split A/C: Yes
Storage: Yes
See Remarks: Yes

Exterior Features

Lighting: Yes
Sidewalks: Yes

Terms Considered

Cash: Yes
Conventional: Yes

Road

Paved: Yes
Public Maintained Road: Yes

Water

City: Yes

Common Walls

No Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Basement

Finished: Yes
Walk-Out Access: Yes

Foundation

Concrete: Yes

Construction

Brick: Yes
Frame: Yes

Exterior

Brick: Yes
Concrete: Yes
Stone: Yes

Roof

Concrete: Yes
Metal: Yes

Property Features

Business Info: Non-Disclosure Agreement View: Lake Lot Features: Landscaped; Level; Open Lot; Southern Exposure Interior Features: Cable Internet Available; Central Air; Hardwood Floors; High Speed Internet; Mini-Split A/C; Storage; See Remarks Exterior Features: Lighting; Sidewalks Common Walls: No Common Walls Owner Qtrs: Owner Qtrs Fuel: Natural Gas Heating: Forced Air Basement: Finished; Walk-Out Access Construction: Brick; Frame Foundation: Concrete Exterior: Brick; Concrete; Stone Roof: Concrete; Metal Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: Cash; Conventional

Documents

Plat & Aerial Maps ›

Listing Office: Coldwell Banker Schneidmiller Realty

Last Updated: July - 01 - 2026

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