216 & 220 6th St., Wallace, ID 83873 (MLS# 24-5785)

216 & 220 6th St., Wallace, ID 83873

$1,999,999

Historic Albertini's Gem Bar in Wallace, ID

Virtual Tour

https://tour.giraffe360.com/a79d02fa8c53486cb868809d0d60be68/

Modernized Legendary Albertini's Gem Bar

Beautiful Views of Wallace Framed by Huge Windows

Flat Screens & Gas Fireplace's in Every Unit

View from Unit 3 Looking East Over Wallace

View From Unit 4 Looking SE Towards Moon Pass/Avery/St. Joe River Wilderness Area

NEW Engineered Posts & Beams Throughout the Entire Building

ALL NEW Electrical & Plumbing Throughout the ENTIRE BUILDING

Basement - South Side Under Bar & Library Pic1

Tons of DRY Storage Space in the Whole Basement

Basement - South Side Under Bar & Library Pic2

Property Type: Commercial Square Footage: 7,500 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $1,999,999 List Date: 9/17/2025 Last Modified: 5/07/2026

Overview

Description

All of the hard work is done in this beautiful turnkey mixed-use brick building, originally built in 1914. The ''Camia'' sits in the heart of Downtown Wallace only 15 minutes from both Lookout Pass and Silver Mountain ski resorts. The building underwent an extensive renovation completed in 2023 consisting of a total interior engineering and remodel, including exposed post/beam installation, all new plumbing, HVAC, and electrical, all new dual pane energy efficient windows, and a new roof. The street level features a beautifully designed upscale bar and lounge with a cigar/library sitting room. All three commercial spaces have vaulted 12'-16' ceilings with a total floor space of approximately 5,625 sqft, as well as a 1,875 sqft basement. Attached to the lounge is an open restaurant space of 1,875 sqft that is ready for design and buildout. The second and third floors boast four fully furnished well-appointed lofts, with wide open floor plans, beautiful bathrooms with large

Supplements: walk-in dual head showers, laundry rooms, and full kitchens with stainless steel appliances. The lofts are designed for both short-stay and long-term rentals, the lobby entry and all loft doors have key and/or keyless (code/card) access control systems and there's also a remote monitor "Smart" CCTV system installed throughout the property. Attentio ... (Read more)

Listing Details MLS# 24-5785

Contract Information

Listing Type: Business, Bld & Land
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2024-06-14
Short Sale: No
REO: No

General Property Description

Building Style: Multi Level
Basement: Yes
Year Built: 1914
Remodeled: Yes
Year of Remodel: 202223
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 7500
SqFt. 1: 1875
SqFt. 2: 1875
SqFt. 3: 1875
Bldg #2 Sq Ft: 3750
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.08
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial

Legal and Taxes

Legal: See Attached Exhibit A
AIN/Tax Bill: 1984 & 1985
Parcel Number: RPB0050017019CA & RPB0050017019DA
Zoning: WA-Wallace
Directions: I-90 East to Wallace, Exit 61 toward Business Route/Wallace. L on N Frontage Rd/The Harry F. Magnuson Way, L on Pine Street to the stop sign. The property is on the L on the corner of Sixth & Pine.
Taxes: 6370.58
Tax Year: 2023
Taxes Reflect 1: No Exemptions
Subdivision: Wallace Townsite

Remarks

Public Remarks: All of the hard work is done in this beautiful turnkey mixed-use brick building, originally built in 1914. The ''Camia'' sits in the heart of Downtown Wallace only 15 minutes from both Lookout Pass and Silver Mountain ski resorts. The building underwent an extensive renovation completed in 2023 consisting of a total interior engineering and remodel, including exposed post/beam installation, all new plumbing, HVAC, and electrical, all new dual pane energy efficient windows, and a new roof. The street level features a beautifully designed upscale bar and lounge with a cigar/library sitting room. All three commercial spaces have vaulted 12'-16' ceilings with a total floor space of approximately 5,625 sqft, as well as a 1,875 sqft basement. Attached to the lounge is an open restaurant space of 1,875 sqft that is ready for design and buildout. The second and third floors boast four fully furnished well-appointed lofts, with wide open floor plans, beautiful bathrooms with large

Address

Street Number: 216 & 220
Street Name: 6th
Street Suffix: St.
State/Province: ID
Postal Code: 83873
County: Shoshone

Property Subject To

CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Yes
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Shoshone District #1

More Information

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Confidential from Employees?: Yes

Interior Features

Smart Other: Remote CCTV System
3 Phase Power: Yes
Cable Internet Available: Yes
Cable TV: Yes
Central Air: Yes
DSL Available: Yes
High Speed Internet: Yes
Mini-Split A/C: Yes
Satellite: Yes
Security System: Yes
Smart Thermostat: Yes
Storage: Yes
Tile/Stone Flooring: Yes
Wall Unit(s): Yes

Architectural Style

Description: Multi-story Brick

View

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

Lot Features

Corner Lot: Yes
Level: Yes
Southern Exposure: Yes

Exterior Features

Curbs: Yes
Handicap Access: Yes
Lighting: Yes
Paved Parking: Yes
Sidewalks: Yes

Terms Considered

1031 Exchange: Yes
Cash: Yes
Private Financing Available: Yes
Seller Financing: Yes

Road

Paved: Yes
Public Maintained Road: Yes

Water

City: Yes

Common Walls

2+ Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Ductless: Yes
Forced Air: Yes
Furnace: Yes
Mini-Split: Yes
Stove - Gas: Yes

Bsmt

Full Size: Yes

Basement

Unfinished: Yes

Foundation

Concrete: Yes

Construction

Brick: Yes
Frame: Yes
Post & Beam: Yes

Exterior

Brick: Yes
Concrete: Yes
Steel Siding: Yes

Roof

Rolled Comp: Yes

Property Features

View: Mountain(s); Neighborhood; Territorial Lot Features: Corner Lot; Level; Southern Exposure Interior Features: 3 Phase Power; Cable Internet Available; Cable TV; Central Air; DSL Available; High Speed Internet; Mini-Split A/C; Satellite; Security System; Smart Thermostat; Storage; Tile/Stone Flooring; Wall Unit(s) Exterior Features: Curbs; Handicap Access; Lighting; Paved Parking; Sidewalks Common Walls: 2+ Common Walls Fuel: Electric; Natural Gas Heating: Ductless; Forced Air; Furnace; Mini-Split; Stove - Gas Bsmt: Full Size Basement: Unfinished Construction: Brick; Frame; Post & Beam Foundation: Concrete Exterior: Brick; Concrete; Steel Siding Roof: Rolled Comp Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Private Financing Available; Seller Financing

Listing Office: Silvercreek Realty Group, LLC

Last Updated: May - 07 - 2026

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