$499,900

6371 Kootenai St

Bonners Ferry ID, 83805

Description

Great investment opportunity. The Bonnerport Mall. 11 unit 6080SF commercial building located downtown in beautiful Bonners Ferry across from the visitors center and the Kootenai Inn & Casino fronting Hwy 95. Huge parking lot in front with more off street space than you will ever need. Just a leisurely stroll to the Main Street shops and restaurants and the Casino. 3 residential apartments plus a mix of Retail and Office space. Two stories and a completely finished basement. Extensive correct renovation from the foundation to the roof. A turn key operation. All the work has been done. Sit back and collect the rent! Pro forma cap rate of 11.3%. Huge cash flow coupled with steady appreciation make this one a no brainer!

Details

MLS#20-8411
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1919
Days On Site36

Features

SQ Feet6,080
Story(s)1
ZoningCommercial
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Area Information
StateID
CountyBoundary
CityBonners Ferry
Zip Code83805
AreaNorth (Bonner & Boundary)
Listing VS Median (in 83805)
Price:
$499,900
low | high
Med:
$239,000
100% of Average
SqFt:
6,080
low | high
Med:
2,965
100% of Average
$ / SqFt:
$82
low | high
Med:
$81
51.962179957071% of Average
On Site:
36
low | high
Med:
8
100% of Average
Listing Updated: 09/30/2020
Sam Testa LogoMLS Number: 20-8411
Listing Provided By:
Sam Testa  of  Coldwell Banker North Woods

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