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600 Cedar St

Wallace, ID 83873
  • $5,500,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 24-6086
UPDATED: 123 min ago
$5,500,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1933
County:

School Ratings & Info

Description

Blackboard Marketplace located in the historic silver mining town of Wallace, ID is a family-owned business, surrounded by hotels, eclectic shops, museums, dining, and social venues. Perfectly situated in the city center, this iconic property features indoor & outdoor dining (seating for 36 guests in the dining room, 21 patio seating, 28 bookstore seating, and additional mezzanine seating), an open kitchen concept, coffee & bakery, bookstore, clothing store, and additional prime retail space. The second-floor features 10 rental units currently used for commercial office space and additional rooming quarters for employee housing. Sale includes business, assets, and real estate. The multi-level 23,000+ sq ft building is one-of-a-kind. Perfect for a visionary owner to grow and/or implement their own concept while the other revenue streams are flowing, or simply a fantastic real estate investment property with forecasted 2024 revenue of 1.3 million. Included in the sale is a fully turnkey restaurant, with a Beer & Wine License in place. The entire facility is fully staffed with management in place as well. Owner training offered to Buyer if desired. Located in a high-traffic, central downtown location off the I-90 corridor and 2 blocks from the very popular Trail of the Coeur d'Alene's bicycle trail and 15 minutes from two ski resorts. The building includes ~7500 sq ft basement with income potential featuring a direct street access lift. Many unleveraged, unique spaces in the building with huge potential for additional revenue streams. The current business platform was launched 4 years ago after merging into this space and renting in other locations in town for the previous 5 years. The move to the current space has proven very successful. Strong social media and network marketing in place to support future revenue growth. This is an ideal space to take the existing business concept to the next level.

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© 2024 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coeur d'Alene.Data last updated: 2024-07-18T15:05:02.74.
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600 Cedar St Wallace, ID 83873

  • Price: $5,500,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 123 min ago
  • ID#: 24-6086
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1933
Built
Neighborhood:
Wallace Townsite
County:
Shoshone
Area:
12 - Silver Valley
Property Description
Blackboard Marketplace located in the historic silver mining town of Wallace, ID is a family-owned business, surrounded by hotels, eclectic shops, museums, dining, and social venues. Perfectly situated in the city center, this iconic property features indoor & outdoor dining (seating for 36 guests in the dining room, 21 patio seating, 28 bookstore seating, and additional mezzanine seating), an open kitchen concept, coffee & bakery, bookstore, clothing store, and additional prime retail space. The second-floor features 10 rental units currently used for commercial office space and additional rooming quarters for employee housing. Sale includes business, assets, and real estate. The multi-level 23,000+ sq ft building is one-of-a-kind. Perfect for a visionary owner to grow and/or implement their own concept while the other revenue streams are flowing, or simply a fantastic real estate investment property with forecasted 2024 revenue of 1.3 million. Included in the sale is a fully turnkey restaurant, with a Beer & Wine License in place. The entire facility is fully staffed with management in place as well. Owner training offered to Buyer if desired. Located in a high-traffic, central downtown location off the I-90 corridor and 2 blocks from the very popular Trail of the Coeur d'Alene's bicycle trail and 15 minutes from two ski resorts. The building includes ~7500 sq ft basement with income potential featuring a direct street access lift. Many unleveraged, unique spaces in the building with huge potential for additional revenue streams. The current business platform was launched 4 years ago after merging into this space and renting in other locations in town for the previous 5 years. The move to the current space has proven very successful. Strong social media and network marketing in place to support future revenue growth. This is an ideal space to take the existing business concept to the next level.
Exterior Features

Architectural Style Multi-Level Brick Building Style Multi Level Construction Materials SteelWoodBrickBlockConcreteFrame Exterior Features CurbsLightingPaved ParkingSidewalksHandicap Access Foundation Details Concrete Perimeter Lot Features Corner LotLevelAlley Access Road Responsibility Public Maintained Road Road Surface Type Paved Roof Rubber View Mountain(s)City View YN Yes

Interior Features

Basement Part Finished Basement YN Yes Common Walls 1 Common Wall Full Size Basement Yes Heating ElectricNatural GasForced AirFurnace Heating YN Yes Interior Features Cable Internet AvailableCable TVCentral AirDSL AvailableHigh Speed InternetSatelliteSecurity System3 Phase PowerExtra StorageHardwood FloorsPhone PrewiredTile/Stone FlooringSee Remarks

Property Features

Building Area Total 23868 Cash Yes Conventional Yes Flood Zone2 Yes Lot Type Commercial New Construction No Property Sub Type BusinessBld & Land REOYN No Seller Financing Yes Sewer Public Sewer Short Sale YN No Subject To Aircraft Flight Zone Unknown Subject To CCRs No Tax Annual Amount 7167.66 Tax Year 2023 Water Source Public Zoning WA-Wallace

Listing provided courtesy of Silvercreek Realty Group, LLC: .


© 2024 Coeur d'Alene MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Coeur d'Alene.Data last updated: 2024-07-18T15:05:02.74.
 
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Keller Williams Realty Coeur d'Alene
3931 N. Schreiber Way
Coeur d'Alene ID, 83815