$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#21-7986
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1914
Days On Site49

Features

SQ Feet2,317
Story(s)1
ZoningCommercial C
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Area Information
StateID
CountyBonner
CitySandpoint
Zip Code83864
AreaNorth (Bonner & Boundary)
Listing VS Median (in 83864)
Price:
$2,400,000
low | high
Med:
$549,000
100% of Average
SqFt:
2,317
low | high
Med:
1,952
65.75312904618% of Average
$ / SqFt:
$1,036
low | high
Med:
$302
100% of Average
On Site:
49
low | high
Med:
36.5
100% of Average
Sourced by Back At You
Listing Updated: September 21, 2021 11:09:33 PM PDT
Nedra Kanavel LogoMLS Number: 21-7986
Listing Provided By:
Nedra Kanavel  of  RE MAX In Action

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