1631 E SELTICE WAY, Post Falls, ID 83854 (MLS# 24-10963)

1631 E SELTICE WAY, Post Falls, ID 83854

$1,200,000
Property Type: Commercial Square Footage: 5,970 Lot Size (sq. ft.): 37,462 Status: Closed
Current Price: $1,200,000 List Date: 2/27/2025 Last Modified: 7/08/2026

Overview

Description

This is a prime investment opportunity to acquire a 5,970 SF commercial building on 0.86 acres in Post Falls, Idaho. Zoned Industrial, the property offers flexibility for various commercial and industrial uses. Currently a NNN lease in place with an option to renew, this asset provides an immediate income stream, making it ideal for investors seeking stable returns. Located minutes from I-90, the property offers excellent access to Post Falls' local amenities and transportation links, with proximity to Coeur d'Alene and Spokane. Post Falls is a growing community with a strong economy, offering nearby retail centers, dining, and recreational options. A great addition to any investment portfolio, this property provides long-term income potential.

Listing Details MLS# 24-10963

Contract Information

Listing Type
Comm'l Bldg w/Land
Area
02 - Post Falls
Neighborhood Grid #
152
Begin Date
2024-12-03
Sold Date
2025-08-15
Under Contract Date
2025-06-17
Financing
Conventional Loan
Short Sale
No
REO
No

General Property Description

Building Style
Retail
Basement
No
Year Built
1998
New Construction
No
Total #/Bldgs
Yes
Total SqFt.
5970
SqFt. 1
5970
ESTIMATED SqFt Source
Assessor
Lot Acres
0.86
Lot Type 1
Commercial
Business Type
Retail
Realtor.COM Type
Commercial

Legal and Taxes

Legal
SELTICE PLAZA, LT 7 BLK 2 02 50N 05W
AIN/Tax Bill
204646
Parcel Number
P83500020070
Zoning
Industrial
Directions
I-90 W from CDA, Take Exit 6 (Seltice Way), South on Seltice Way to property on North side of street.
Taxes
4950.91
Tax Year
2023
Taxes Reflect 1
No Exemptions
Subdivision
N/A

Remarks

Public Remarks
This is a prime investment opportunity to acquire a 5,970 SF commercial building on 0.86 acres in Post Falls, Idaho. Zoned Industrial, the property offers flexibility for various commercial and industrial uses. Currently a NNN lease in place with an option to renew, this asset provides an immediate income stream, making it ideal for investors seeking stable returns. Located minutes from I-90, the property offers excellent access to Post Falls' local amenities and transportation links, with proximity to Coeur d'Alene and Spokane. Post Falls is a growing community with a strong economy, offering nearby retail centers, dining, and recreational options. A great addition to any investment portfolio, this property provides long-term income potential.

Address

Street Number
1631
Street Direction Pfx
E
Street Name
SELTICE
Street Suffix
WAY
State/Province
ID
Postal Code
83854
County
Kootenai

Property Subject To

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

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
6000
Monthly Lease Amount
6367.25

Property Features

View: Mountain(s); Territorial Lot Features: Landscaped; Level; Open Lot Interior Features: Central Air; Handicap Restrooms; High Speed Internet; Storage Exterior Features: Curbs; Handicap Access; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System Common Walls: No Common Walls Fuel: Natural Gas Heating: Forced Air Basement: None-Slab on Grade Construction: Steel Frame Foundation: Concrete Exterior: Concrete Roof: Rolled Comp; Rolled Rubber Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing Available
Listing Office: Professional Realty Services Idaho
Last Updated: July - 08 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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