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5729 E Marine Dr - Spokane River Waterfront Development & Marine 3,930 SF Specialty Building Offered at $12,303,450 CAD in Post Falls, ID 83854
Investment Highlights
- Rare Spokane River Waterfront Asset- Nearly 11 acres across three contiguous riverfront parcels in a high-barrier North Idaho market
- Historic Marine Railway – On-site railway in continuous use since the 1950s, difficult to replicate under current regulations
- Significant Development Potential – Prime redevelopment opportunity through city annexation, with conceptual planning indicating 50+ buildable lots (b
- Deep-Water River Frontage – Capable of launching and hauling large vessels and luxury yachts, a rare Spokane River feature
- Industrial-Grade Marine Infrastructure – Multiple docks and marine-use structures supporting specialty waterfront operations
- First Time Offered / Generational Asset – Long-held property brought to market for the first time
Executive Summary
Rare Spokane River waterfront property offered for the first time on the market. The property consists of nearly 11 acres across three riverfront parcels located at 5729 E Marine Drive in Post Falls, Idaho, less than six miles from the mouth of Lake Coeur d’Alene.
The site is improved with industrial-grade marine infrastructure including multiple docks, a marine warehouse, and a historic marine railway. Deep-water frontage allows for the launching and hauling of large vessels and yachts, a rare feature along the Spokane River.
The property is currently occupied by Lake City Marine. The offering consists of the real estate and improvements only.
The parcels are primarily zoned residential, with one parcel taxed commercial and utilized for marine-related use. Development potential exists through city annexation, subject to buyer verification and approvals.
The site is improved with industrial-grade marine infrastructure including multiple docks, a marine warehouse, and a historic marine railway. Deep-water frontage allows for the launching and hauling of large vessels and yachts, a rare feature along the Spokane River.
The property is currently occupied by Lake City Marine. The offering consists of the real estate and improvements only.
The parcels are primarily zoned residential, with one parcel taxed commercial and utilized for marine-related use. Development potential exists through city annexation, subject to buyer verification and approvals.
Property Facts
| Price | $12,303,450 CAD | Lot Size | 10.85 AC |
| Price Per SF | $3,130.65 CAD | Building Size | 3,930 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Marina | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Residential - The 3 parcels are zoned residential. One parcel is taxed and utilized as commercial for over 40 years. APN #s 50N05W123385, 50N05W123410, 50N05W12 | ||
| Price | $12,303,450 CAD |
| Price Per SF | $3,130.65 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 10.85 AC |
| Building Size | 3,930 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Opportunity Zone |
Yes |
| Zoning | Residential - The 3 parcels are zoned residential. One parcel is taxed and utilized as commercial for over 40 years. APN #s 50N05W123385, 50N05W123410, 50N05W12 |
Amenities
- Waterfront
Property Taxes
| Parcel Numbers | Improvements Assessment | $655,544 CAD | |
| Land Assessment | $5,839,001 CAD | Total Assessment | $6,494,546 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$5,839,001 CAD
Improvements Assessment
$655,544 CAD
Total Assessment
$6,494,546 CAD
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5729 E Marine Dr - Spokane River Waterfront Development & Marine
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