1110 E POLSTON AVE, Post Falls, ID 83854 (MLS# 24-5768)

1110 E POLSTON AVE, Post Falls, ID 83854

$1,399,900

Property Type: Commercial Square Footage: 10,000 Lot Size (sq. ft.): 30,056 Status: Closed

Current Price: $1,399,900 List Date: 6/14/2024 Last Modified: 3/24/2025

Overview

Description

This building features two 2,500 sq ft suites, each with a full basement. One suite is ready for an owner/user & offers 6-7 exam rooms w/ sinks, large entry lobby area, conference/work area, & an admin office. The adjoining suite is leased by the Post Falls Musical Academy, currently in the 4th year of a five-year lease, at $3,275 per month on a modified gross basis, w/ an option to extend for an additional five year. There is also basement storage space leased on a month-to-month basis. Built in 1996, the building has been continuously updated & improved by the current owner. It is situated in the heart of the Post Falls Medical District and Retail Area, offering a prime location near the Interstate 90 interchange, with easy access to Highway 41 and the Seltice Way Commercial Corridor. The building is also close to Kootenai Health and Northwest Specialty Hospital, making it an ideal location for medical or professional use.

Supplements: represents an excellent investment opportunity with versatile usage options and a strategic location. The vacant suite is move-in ready, perfectly suited for your business needs.

Listing Details MLS# 24-5768

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: 02 - Post Falls
Neighborhood Grid #: 158
Begin Date: 2024-06-07
Sold Date: 2025-03-24
Under Contract Date: 2024-12-02
Financing: Conventional Loan

General Property Description

Building Style: Single Level
Basement: Yes
Year Built: 1996
Remodeled: No
New Construction: No
Total #/Bldgs: Yes
Total SqFt.: 10000
SqFt. 1: 5000
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.69
Lot Type 1: Commercial
Business Type: None
Realtor.COM Type: Commercial

Legal and Taxes

Legal: FIRST SECURITY PLAZA, LT 2 BLK 1 EX W 100 FT Section 02 Township 50N Range 05W
AIN/Tax Bill: 198360
Parcel Number: P2500001002A
Zoning: CCS
Directions: I-90 West to Post Falls Exit 6 to Seltice Way, North on Goude Street, Right on Polstone Avenue to 1110 E. Polston Avenue.
Taxes: 5929
Tax Year: 2023
Taxes Reflect 1: No Exemptions

Remarks

Public Remarks: This building features two 2,500 sq ft suites, each with a full basement. One suite is ready for an owner/user & offers 6-7 exam rooms w/ sinks, large entry lobby area, conference/work area, & an admin office. The adjoining suite is leased by the Post Falls Musical Academy, currently in the 4th year of a five-year lease, at $3,275 per month on a modified gross basis, w/ an option to extend for an additional five year. There is also basement storage space leased on a month-to-month basis. Built in 1996, the building has been continuously updated & improved by the current owner. It is situated in the heart of the Post Falls Medical District and Retail Area, offering a prime location near the Interstate 90 interchange, with easy access to Highway 41 and the Seltice Way Commercial Corridor. The building is also close to Kootenai Health and Northwest Specialty Hospital, making it an ideal location for medical or professional use.

Address

Street Number: 1110
Street Direction Pfx: E
Street Name: POLSTON
Street Suffix: AVE
State/Province: ID
Postal Code: 83854
County: Kootenai

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
Fire Protection Name: Post Falls

More Information

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: No
Approx SqFt of Leased Space: 5140
Monthly Lease Amount: 3275

View

City: Yes
Mountain(s): Yes
Territorial: Yes

Lot Features

Landscaped: Yes
Level: Yes
Southern Exposure: Yes

Interior Features

Central Air: Yes
Handicap Facility: Yes
Handicap Restrooms: Yes
High Speed Internet: Yes
Storage: Yes

Fencing

Partial: Yes

Exterior Features

Curbs: Yes
Handicap Access: Yes
Lawn: Yes
Lighting: Yes
Paved Parking: Yes
Sprinkler System: Yes

Terms Considered

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Road

Paved: Yes
Public Maintained Road: Yes

Showing Instructions

ShowingTime Online: Yes

Water

City: Yes

Common Walls

No Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Bsmt

Full Size: Yes

Basement

Part Finished: Yes

Foundation

Concrete: Yes

Construction

Frame: Yes

Exterior

Brick: Yes

Roof

Comp Shingle: Yes

Property Features

View: Mountain(s); Territorial Lot Features: Landscaped; Level; Southern Exposure Fencing: Partial Interior Features: Central Air; Handicap Facility; Handicap Restrooms; High Speed Internet; Storage Exterior Features: Curbs; Handicap Access; Lawn; Lighting; Paved Parking; Sprinkler System Common Walls: No Common Walls Fuel: Natural Gas Heating: Forced Air Bsmt: Full Size Basement: Part Finished Construction: Frame Foundation: Concrete Exterior: Brick Roof: Comp Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional Showing Instructions: ShowingTime Online

Listing Office: John L. Scott

Last Updated: March - 24 - 2025

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