204 W APPLEWAY AVE, Coeur d'Alene, ID 83814 (MLS# 23-10565)

204 W APPLEWAY AVE, Coeur d'Alene, ID 83814

$2,100,000

Property Type: Commercial Square Footage: 15,000 Lot Size (sq. ft.): 50,094 Status: Closed

Current Price: $2,100,000 List Date: 12/15/2023 Last Modified: 10/05/2024

Overview

Description

15,000 sq. ft. fully occupied retail investment grade O'Reilly Auto Parts Store with 8 years NN+ lease remaining (1.15 acres zoned C17). This stable investment has minimal landlord responsibilities (long term tenant has 4, 5 year options to renew). The subject property is surrounded by numerous national retailers. O'Reilly Auto Parts (NASDAQ: ORLY) is a publicly-traded company and holds an investment grade credit rating of BBB+ from Standard & Poor's. O'Reilly Auto Parts is one of the largest retailers of automotive parts, tools, supplies, equipment, and accessories in the United States, with over 6,000 locations and 85,000 employees.

Listing Details MLS# 23-10565

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 107
Begin Date: 2023-12-15
Sold Date: 2024-03-01
Under Contract Date: 2024-01-16
Financing: Cash

General Property Description

Building Style: Retail
Basement: No
Year Built: 1971
Remodeled: No
New Construction: No
Total #/Bldgs: Yes
Total SqFt.: 15000
ESTIMATED SqFt Source: Assessor
Lot Acres: 1.15
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial

Legal and Taxes

Legal: TX #7981 11 50N 04W
AIN/Tax Bill: 145896
Parcel Number: C00000110020
Zoning: CDA- C17
Directions: Highway 95 and Appleway, East on Appleway to facility.
Taxes: 6789
Tax Year: 2022
Taxes Reflect 1: No Exemptions

Remarks

Public Remarks: 15,000 sq. ft. fully occupied retail investment grade O'Reilly Auto Parts Store with 8 years NN+ lease remaining (1.15 acres zoned C17). This stable investment has minimal landlord responsibilities (long term tenant has 4, 5 year options to renew). The subject property is surrounded by numerous national retailers. O'Reilly Auto Parts (NASDAQ: ORLY) is a publicly-traded company and holds an investment grade credit rating of BBB+ from Standard & Poor's. O'Reilly Auto Parts is one of the largest retailers of automotive parts, tools, supplies, equipment, and accessories in the United States, with over 6,000 locations and 85,000 employees.

Address

Street Number: 204
Street Direction Pfx: W
Street Name: APPLEWAY
Street Suffix: AVE
State/Province: ID
Postal Code: 83814
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: CDA Fire Department

More Information

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: Yes
Approx SqFt of Leased Space: 15000

View

Territorial: Yes

Lot Features

Level: Yes
Open Lot: Yes

Interior Features

Central Air: Yes
Fire Sprinklers: Yes
Handicap Facility: Yes
Handicap Restrooms: Yes
High Speed Internet: Yes
Phone Prewired: Yes
Security System: Yes
Storage: Yes

Exterior Features

Lighting: Yes
Paved Parking: 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

Basement

None-Slab on Grade: Yes

Foundation

Concrete: Yes

Construction

Block: Yes
Brick: Yes

Exterior

Brick: Yes

Roof

Rolled Comp: Yes

Property Features

View: Territorial Lot Features: Level; Open Lot Interior Features: Central Air; Fire Sprinklers; Handicap Facility; Handicap Restrooms; High Speed Internet; Phone Prewired; Security System; Storage Exterior Features: Lighting; Paved Parking Common Walls: No Common Walls Fuel: Natural Gas Heating: Forced Air Basement: None-Slab on Grade Construction: Block; Brick Foundation: Concrete Exterior: Brick Roof: Rolled Comp Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional Showing Instructions: ShowingTime Online

Listing Office: Pearl Realty, LLC

Last Updated: October - 05 - 2024

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