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$699,000
Est. payment /mo
2,084 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Commercial Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $335
MLS Listing ID 25-8129
Style Commercial Condo
Year Built 2006
Annual Tax Amount $3,694
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Commercial Condo
Source Coeur d'Alene Multiple Listing Service
Property Description
First-floor medical office condo located near Kootenai Health. Currently leased to Laboratory Corporaton of America through January 2028, this property offers a stable investment. Ideal for investors seeking a turnkey asset in a strong medical corridor. This commercial condo offers 2,084 SF of Sellable square footage and 1,487 SF of Usable square footage. This investment opportunity is offered at a 5.51% cap rate, with 2% rental increases per annum. The Chinook Medical Building offers premier Class A medical office space located in the heart of the highly sought-after Ironwood Drive medical corridor. This four-level professional office building is thoughtfully designed to meet the needs of healthcare providers and professional tenants alike. Do not disturb tenant.
Location
State ID
County Kootenai
Area 01 - Cd'A Urban/Dalton
Zoning CDA- C-17L
Direction From I-90 Head south on Northwest boulevard, turn left on Ironwood Drive.
Rooms
Basement None
Interior
Heating Natural Gas, Electric, Forced Air
Equipment None
Exterior
View None
Roof Type Metal
Building
Lot Description Landscaped
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID CJ3180001190
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Listed by Kiemle Hagood