211 E SHERMAN AVE #B, Coeur d'Alene, ID 83814 (MLS# 23-6840)

211 E SHERMAN AVE #B, Coeur d'Alene, ID 83814

$1,000,000

Property Type: Commercial Square Footage: 2,958 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $1,000,000 List Date: 9/01/2023 Last Modified: 10/05/2024

Overview

Description

A rare opportunity to purchase a commercial building on Sherman Avenue between 2nd and 3rd. The location is in the heart of downtown Coeur d' Alene one block Coeur d' Alene Resort. The building has been as a wine and gift shop since 2004 and has a large monthly wine club. The business FF&E and inventory are negotiable. Recent improvements include the roof, a new furnace, a new front roll-up door which is very inviting for pedestrian traffic, a front seating area and utility kitchen. A wine tasting room and cellar are located in the rear of the building.

Listing Details MLS# 23-6840

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 104
Begin Date: 2023-07-22
Sold Date: 2023-10-16
Under Contract Date: 2023-09-11
Financing: Cash
Short Sale: No
REO: No

General Property Description

Building Style: Commercial Condo
Basement: Yes
Year Built: 1912
Remodeled: Yes
Year of Remodel: 1912
New Construction: No
Total #/Bldgs: Yes
Total SqFt.: 2958
SqFt. 1: 1479
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.04
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial

Legal and Taxes

Legal: ARTISTS VILLAGE CONDOS, UNIT 2 & UNDIV INT IN COMMON AREA 1350N04W
AIN/Tax Bill: 250935
Parcel Number: C03350000020
Zoning: CDA-DT- Core
Directions: East on Sherman Ave, in Coeur d' Alene to the address of building
Taxes: 2022
Tax Year: 2022
Taxes Reflect 1: Solid Waste Fee
Subdivision: Art & Iva's

Remarks

Public Remarks: A rare opportunity to purchase a commercial building on Sherman Avenue between 2nd and 3rd. The location is in the heart of downtown Coeur d' Alene one block Coeur d' Alene Resort. The building has been as a wine and gift shop since 2004 and has a large monthly wine club. The business FF&E and inventory are negotiable. Recent improvements include the roof, a new furnace, a new front roll-up door which is very inviting for pedestrian traffic, a front seating area and utility kitchen. A wine tasting room and cellar are located in the rear of the building.

Address

Street Number: 211
Street Direction Pfx: E
Street Name: SHERMAN
Street Suffix: AVE
Street Addl Info: #B
State/Province: ID
Postal Code: 83814
County: Kootenai

Property Subject To

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

More Information

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: Negotiable
Equipment Included in Sale Price?: Negotiable
Years in Business: 19
Confidential from Employees?: Yes

Architectural Style

Description: Commercial Condo

Basement

Apx % Finished: 50 %
Cellar: Yes
Part Finished: Yes

View

City: Yes
Mountain(s): Yes
Neighborhood: Yes

Lot Features

Alley Access: Yes
Irregular Lot: Yes
Level: Yes
Open Lot: Yes
Southern Exposure: Yes

Interior Features

Fire Sprinklers: Yes
Hardwood Floors: Yes
High Speed Internet: Yes
Phone Prewired: Yes
Security System: Yes
Storage: Yes
Wall Unit(s): Yes

Exterior Features

Curbs: Yes
Lighting: Yes
Paved Parking: Yes

Terms Considered

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Road

Paved: Yes

Water

City: Yes

Common Walls

2+ Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Bsmt

Full Size: Yes

Foundation

Brick/Mortar: Yes
Rock: Yes

Construction

Frame: Yes

Exterior

Brick: Yes
Wood Siding: Yes

Roof

Comp Shingle: Yes
Rolled Rubber: Yes

Property Features

View: Mountain(s); Neighborhood Lot Features: Alley Access; Irregular Lot; Level; Open Lot; Southern Exposure Interior Features: Fire Sprinklers; Hardwood Floors; High Speed Internet; Phone Prewired; Security System; Storage; Wall Unit(s) Exterior Features: Curbs; Lighting; Paved Parking Common Walls: 2+ Common Walls Fuel: Electric; Natural Gas Heating: Forced Air Bsmt: Full Size Basement: Cellar; Part Finished Construction: Frame Foundation: Brick/Mortar; Rock Exterior: Brick; Wood Siding Roof: Comp Shingle; Rolled Rubber Road: Paved Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional

Listing Office: Kelly Right Real Estate

Last Updated: October - 05 - 2024

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