$2,400,000

2025 Us-2

Sandpoint ID, 83864

Description

Opportunities for commercial and multi family residential abound with this unique 2.99 acre parcel inside the Sandpoint city limits. Featuring 304 feet of Highway 2 frontage towards Dover Bay, and 620 feet along Ridley Village Rd, the property is zoned Commercial C and prime for development in the fast growing southwest Sandpoint. Up to 119 multi family units, restaurants, lodging and more are allowed. Many options for dividing - highest and best use may be 2 separate commercial lots on road frontages & remaining land used for multifamily development. Property currently boasts of 2 residences - original house is 1517 square feet, built in 1914 and fully remodeled in 1994. Has been a successful vacation rental. Neighboring barn features 800 square feet of unique & charming living space, with fenced yard, fire pit and large upstairs loft for storage. As future Hwy 2 improvements continue, this high traffic area is ripe with commercial and multifamily opportunity.

Details

MLS#21-7991
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1914
Days On Site44

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,317
Story(s)NA
Acreage2.99
Property ViewYes
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Area Information
StateID
CountyBonner
CitySandpoint
Zip Code83864
AreaNorth (Bonner & Boundary)
Community NameN/A
School DistrictLk Pend Oreille - 84
Listing VS Median (in N/A)
Price:
$2,400,000
low | high
Med:
$599,950
100% of Average
SqFt:
2,317
low | high
Med:
2,236
53.495899870522% of Average
$ / SqFt:
$1,036
low | high
Med:
$268
100% of Average
On Site:
44
low | high
Med:
81.5
53.98773006135% of Average
Sourced by Back At You
Listing Updated: September 16, 2021 11:09:55 PM PDT
Nedra Kanavel LogoMLS Number: 21-7991
Listing Provided By:
Nedra Kanavel  of  RE MAX In Action

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