702 N Florence AVE, Sandpoint, ID 83864 (MLS# 26-2887)

702 N Florence AVE, Sandpoint, ID 83864

$3,000,000

Approximate Property Lines Added and labels

Property Type: Commercial Square Footage: 42,253 Lot Size (sq. ft.): 42,253 Status: Active

Current Price: $3,000,000 List Date: 4/01/2026 Last Modified: 4/30/2026

Overview

Description

Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time.

Supplements: Additional features include on-site storage buildings, one equipped with water, sewer, and power--further supporting value-add opportunities. Attractive seller financing terms are available, creating a compelling opportunity for buyers seeking flexible acquisition options and the ability to enhance overall returns. Located within an Opportunity Z ... (Read more)

Listing Details MLS# 26-2887

Contract Information

Listing Type: Business, Bld & Land
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2026-04-01
Short Sale: No
REO: No

General Property Description

Building Style: Single Level
Basement: No
Year Built: 1962
New Construction: No
Total #/Bldgs: 18
Total SqFt.: 42253
Bldg #2 Sq Ft: 500
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.97
Lot Type 1: Duplex/Multi
Business Type: Mobile Home Park
Realtor.COM Type: Commercial

Legal and Taxes

Legal: Exhibit A
AIN/Tax Bill: RPS0500004013AA
Parcel Number: RPS0500004013AA
Zoning: Res Multifamily
Directions: Head north on US-95 into Sandpoint, turn left on W Pine St, right on N Florence Ave, left into mobile home park.
Taxes: 6558
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Subdivision: West End

Remarks

Public Remarks: Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time.

Address

Street Number: 702
Street Direction Pfx: N
Street Name: Florence
Street Suffix: AVE
State/Province: ID
Postal Code: 83864
County: Bonner

Miscellaneous

Sec: 22
Twn: 57N
Rng: 02W
Rng Dir: WBM

More Information

Property Subject To

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

Business Info

Inventory List Available?: Yes
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Years in Business: 30+
Confidential from Employees?: Yes
Non-Disclosure Agreement: Yes

Architectural Style

Description: mobile homes

Exterior

Other: varies per unit

Showing Instructions

Showing Service Name: None

View

Neighborhood: Yes
Territorial: Yes

Lot Features

Corner Lot: Yes
Level: Yes

Interior Features

Storage: Yes

Fencing

None: Yes

Exterior Features

Curbs: Yes
Lawn: Yes
Paved Parking: Yes

Other Structures

Shed(s): Yes
Storage: Yes
See Remarks: Yes

Terms Considered

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
SBA: Yes
Seller Financing: Yes

Road

Paved: Yes
Public Maintained Road: Yes

Water

City: Yes

Common Walls

No Common Walls: Yes

Sewer

Public Sewer: Yes

Fuel

Electric: Yes

Heating

See Remarks: Yes

Basement

None: Yes

Foundation

Block: Yes

Construction

Mobile Home: Yes

Roof

Metal: Yes

Property Features

Business Info: Non-Disclosure Agreement View: Neighborhood; Territorial Lot Features: Corner Lot; Level Fencing: None Interior Features: Storage Exterior Features: Curbs; Lawn; Paved Parking Common Walls: No Common Walls Fuel: Electric Heating: See Remarks Other Structures: Shed(s); Storage; See Remarks Basement: None Construction: Mobile Home Foundation: Block Roof: Metal Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional; SBA; Seller Financing

Listing Office: Keller Williams Realty - Sandpoint Branch

Last Updated: April - 30 - 2026

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