602 & 606 N Government Way

Coeur d Alene, ID, 83814

$2,495,000

$607 per ft²
$2,495,000
$607 per ft²
Active
Active
 - For Sale
carpenters-square
4,106 ft²
property_type
Commercial
calendar
Built 1916
ATTENTION INVESTORS AND DEVELOPERS. Here is an excellent opportunity to acquire both 602 and 606 N Government Way in Coeur d'Alene. Sold as is, these contiguous properties make up 0.31 acres within the DO-N (Downtown-North) Overlay District. Utilizing Infill Design Standards found on the City of Coeur d'Alene's website under ''Planning Department'', this property is potentially open to development (with bonuses) up to an allowable 2.0 multiplier (FAR) floor area ratio. On 0.31 acres, this can amount up to 27,000 SF of livable area that can be developed, minus floor area dedicated to ''on grade'' parking, elevators, and other variables. This DO-N Overlay district FAR calculation places no restriction on the number of units that can be built, as long as acceptable SF is not exceeded and the maximum building height of 45 ft is not exceeded. Be aware that subterranean parking is a possible option that will not impinge on total floor area computation. With this in mind, you are encouraged to bring your vision and plans to bear on this excellent opportunity.
MLS® ID:
22-3832
Listed:
5/10/22
Updated:
3/28/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
Cadet, Fireplace, Forced Air

Exterior/Building Features

Architectural Style
Multi Level
Lot Details
Southern Exposure, Open, Level, Corner Lot
Roof
Composition, Shake
Sewer
City Sewer

Other Property Details

Area Name
01 - Cd'A Urban/Dalton
Taxes
$6565.3
Tax Frequency
per YEAR
Garage
Yes
Garage Spaces
1
Parking
Paved Parking
Parking Total
1.0
View
Y
County
Kootenai
Pool
No
Zoning
CDA - R-17

Courtesy of Keller Williams Spokane, Karene Loman,
Listing Contact:  

The data relating to real estate for sale on this web site comes in part from the ID - Coeur d'Alene MLS (CDAR). Real estate listings held by brokerage firms other than Hayden Anderl are marked with the IDX logo.

IDX information is provided exclusively for consumer's personal, non-commerical use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Information provided by ID - Coeur d'Alene MLS (CDAR).

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