602 N GOVERNMENT WAY, Coeur d’Alene, ID 83814 (MLS# 25-6221)

602 N GOVERNMENT WAY, Coeur d'Alene, ID 83814

$1,025,000
Property Type: Residential Bedrooms: 3 Baths: 1.5 Square Footage: 2,162 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $1,025,000 List Date: 6/17/2025 Last Modified: 5/07/2026

Overview

Description

INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!

Listing Details MLS# 25-6221

Address Information

Street Number
602
Street Direction Pfx
N
Street Name
GOVERNMENT
Street Suffix
WAY
State/Province
ID
Postal Code
83814
County
Kootenai

Contract Information

Listing Type
Site Built < 2 Acre
Income Producing
Yes
Area
01 - Cd'A Urban/Dalton
Neighborhood Grid #
104
Begin Date
2025-06-16
Short Sale
No
REO
No

General Property Description

Realtor.COM Type
Residential - Single Family
Building Style
Multi-Level
Basement
Yes
Garage Type
Det Garage
Garage Stall
1 Car
Total Bedrooms
3
Total Bathrooms
1.5
Total SqFt.
2162
SqFt Source
Assessor
Lot Acres
0.2
Year Built
1916
New Construction
No
Lot Type 1
Duplex/Multi

Legal and Taxes

Legal
BLACKWELL PARK ADD, LT 5 & 6 BLK 2 1350N04W
AIN/Tax Bill
105059
Parcel Number
C0765002005A
School District
CDA - 271
Zoning
CDA R-17
Taxes
3205.74
Tax Year
2024
Taxes Reflect 1
No Exemptions
Subdivision
N/A
Directions
Downtown CdA Garden District. Take N Government Way, go South of Foster and then North of E Garden Ave.

Remarks

Public Remarks
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!

Property Subject to

CC&Rs
No
Homeowners Assoc
None
LID
No
Non-Mtg Lien
None
Flood Zone
No
Aircraft Flight Zone
No
Fire Protection Dist
Yes
Fire Protection Name
CDA

More Information

Rooms per Level

1st Fl Living Rm
Yes
1st Fl Dining Room
Yes
1st Fl Kitchen
Yes
1st Fl Fam/Gr Rm
Yes
1st Fl Bdrm(s)
2
Main Level Bedrooms
2
1st Fl Bath
Yes
Main Level Bathrooms
Yes
2nd Fl Bdrm(s)
Yes
2nd Fl Bath
Yes

View

City
Yes
Neighborhood
Yes

Lot Features

Corner Lot
Yes
Landscaped
Yes
Level
Yes
Open Lot
Yes
Sprinklers In Front
Yes

Interior Features

Cable Internet Available
Yes
Central Air
Yes
Fireplace
Yes

Exterior Features

Covered Patio
Yes
Covered Porch
Yes
Curbs
Yes
Lawn
Yes
Paved Parking
Yes
Sidewalks
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Seller Financing
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
Wood
Yes

Heating

Cadet
Yes
Fireplace(s)
Yes
Forced Air
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Range
Yes
Refrigerator
Yes
Gas Water Heater
Yes

Kitchen Amenities

Kitchen Peninsula
Yes

Basement

Cellar
Yes
Unfinished
Yes

Foundation

Brick/Mortar
Yes
Concrete
Yes
Pier Block
Yes

Construction

Frame
Yes

Exterior

Lap Siding
Yes

Roof

Shake
Yes
Wood Shingle
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Property Features

View: Neighborhood Lot Features: Corner Lot; Landscaped; Level; Open Lot; Sprinklers In Front Interior Features: Cable Internet Available; Central Air; Fireplace Exterior Features: Covered Patio; Covered Porch; Curbs; Lawn; Paved Parking; Sidewalks Common Walls: No Common Walls Appliances: Dishwasher; Disposal; Electric Range; Refrigerator; Gas Water Heater Kitchen Amenities: Kitchen Peninsula Fuel: Natural Gas; Wood Heating: Cadet; Fireplace(s); Forced Air Basement: Unfinished; Cellar Foundation: Brick/Mortar; Concrete; Pier Block Construction: Frame Exterior: Lap Siding Flooring: Carpet; Vinyl Roof: Shake; Wood Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional; Seller Financing Showing Instructions: ShowingTime Online
Listing Office: Kelly Right Real Estate
Last Updated: May - 07 - 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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