608 Bank St, Wallace, ID 83873 (MLS# 25-6437)

608 Bank St, Wallace, ID 83873

$1,300,000

Entrance to 1-Bedroom Apartment at Back of Building off of Hotel Street

Entrance to Apartment Bathroom with Walk-In Closet

Walk-In Closet with Stackable Washer Dryer Hookups.

View from Apartment to Wallace City Pool

Bathrooms & Entrance to Outlaw Golf Simulator

Property Type: Commercial Square Footage: 9,200 Lot Size (sq. ft.): 5,227 Status: Closed

Current Price: $1,300,000 List Date: 6/20/2025 Last Modified: 1/02/2026

Overview

Description

Positioned in the heart of Wallace's vibrant historic district, this iconic two-story retail building spans ±9,200 SF. Originally constructed in 1893, this property offers a rich architectural character true to its era. Zoned Commercial and situated on a ±0.12-acre lot with high visibility and walkability to all of the charming small businesses and local attractions that Wallace has to offer. Upstairs you'll find a newly renovated 1,500 SF apartment as well as the beautiful 2,700 SF Owners Suite with 3 bedrooms, 2 bathrooms, and an amazing outdoor terrace/patio space to enjoy year-round.

Listing Details MLS# 25-6437

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2025-06-20
Sold Date: 2025-12-30
Under Contract Date: 2025-10-23
Financing: Seller Financing
Short Sale: No
REO: No

General Property Description

Building Style: Multi Level
Basement: Yes
Year Built: 1893
Remodeled: Yes
Year of Remodel: 199697
New Construction: No
Total #/Bldgs: Yes
Total SqFt.: 9200
SqFt. 1: 5000
SqFt. 2: 4200
ESTIMATED SqFt Source: Owner
Lot Acres: 0.12
Lot Type 1: Commercial
Business Type: See Remarks
Realtor.COM Type: Commercial

Legal and Taxes

Legal: Lots 8 and 10, Block 21, Wallace Townsite, Shoshone County, State of Idaho
AIN/Tax Bill: 1943
Parcel Number: RP B0050021008A A
Zoning: WA-Wallace
Directions: From CDA, I-90 East to Wallace Exit 61. R at bottom of Exit, and then L on Harry F. Magnuson Way and follow into town. L on Bank Street and follow 1 1/2 blocks to the 1313 Club on the Right.
Taxes: 5805.58
Tax Year: 2024
Taxes Reflect 1: Home Owner's Exemption
Subdivision: Wallace Townsite

Remarks

Public Remarks: Positioned in the heart of Wallace's vibrant historic district, this iconic two-story retail building spans ±9,200 SF. Originally constructed in 1893, this property offers a rich architectural character true to its era. Zoned Commercial and situated on a ±0.12-acre lot with high visibility and walkability to all of the charming small businesses and local attractions that Wallace has to offer. Upstairs you'll find a newly renovated 1,500 SF apartment as well as the beautiful 2,700 SF Owners Suite with 3 bedrooms, 2 bathrooms, and an amazing outdoor terrace/patio space to enjoy year-round.

Address

Street Number: 608
Street Name: Bank
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: East Shoshone Dist 1

More Information

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: N/A
Approx SqFt of Leased Space: 9200
Monthly Lease Amount: 6500

Owner Qtrs

#Baths: 2
#Bdrms: 3
SqFt: 2700
SqFtSource: Owner
YrBuilt: 1997
Owner Qtrs: Yes

Architectural Style

Description: Multi-Level Brick

View

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

Lot Features

Level: Yes

Interior Features

3 Phase Power: Yes
Cable TV: Yes
Central Air: Yes
Handicap Facility: Yes
Handicap Restrooms: Yes
Hardwood Floors: Yes
High Speed Internet: Yes
Phone Prewired: Yes
Satellite: Yes
Security System: Yes
Storage: Yes
Tile/Stone Flooring: Yes

Exterior Features

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

Terms Considered

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

Forced Air: Yes
Furnace: Yes

Bsmt

Part Size: Yes

Basement

Unfinished: Yes

Foundation

Concrete: Yes

Construction

Brick: Yes
Frame: Yes

Exterior

Brick: Yes
Cement Block: Yes
Steel Siding: Yes
Wood Siding: Yes

Roof

Metal: Yes
Rolled Rubber: Yes

Property Features

View: Mountain(s); Territorial Lot Features: Level Interior Features: 3 Phase Power; Cable TV; Central Air; Handicap Facility; Handicap Restrooms; Hardwood Floors; High Speed Internet; Phone Prewired; Satellite; Security System; Storage; Tile/Stone Flooring Exterior Features: Curbs; Handicap Access; Lighting; Paved Parking; Sidewalks Common Walls: 2+ Common Walls Owner Qtrs: Owner Qtrs Fuel: Electric; Natural Gas Heating: Forced Air; Furnace Bsmt: Part Size Basement: Unfinished Construction: Brick; Frame Foundation: Concrete Exterior: Brick; Cement Block; Steel Siding; Wood Siding Roof: Metal; Rolled Rubber Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional; Private Financing Available

Listing Office: Silvercreek Realty Group, LLC

Last Updated: January - 02 - 2026

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