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6210 W Maine St 5,700 SF Vacant Retail Building Spirit Lake, ID 83869 $1,230,303 CAD ($215.84 CAD/SF) 9.30% Cap Rate
INVESTMENT HIGHLIGHTS
- current sewer moratorium will not allow any new hookups to the city sewer which makes this property ideal for a new business to set up in Spirit Lake
- Maine St. is the main access to the lake only 1/2 mile away from the store front
EXECUTIVE SUMMARY
currently this is a Sale By Owner
See Brochures & Other Documents for an Investment opportunity ($200k with a $250k payback after 3 years), or your own if you purchase the building
See Brochures & Other Documents for an Investment opportunity ($200k with a $250k payback after 3 years), or your own if you purchase the building
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
5,700 SF
Building Class
C
Year Built
1907
Price
$1,230,303 CAD
Price Per SF
$215.84 CAD
Cap Rate
9.30%
NOI
$114,439 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.01
Lot Size
0.13 AC
Zoning
Commercial
Parking
7 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
181’ on West Maine Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | S4500017001A | Total Assessment | $991,813 CAD |
| Land Assessment | $124,991 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $866,822 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
S4500017001A
Land Assessment
$124,991 CAD
Improvements Assessment
$866,822 CAD
Total Assessment
$991,813 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Presented by
Nelson Investments LLC
6210 W Maine St
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