Wallace ID Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
1,925
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1960
Baths:
MLS#:
24-9498

ADDITIONAL INFORMATION

LOCATED IN THE HEART OF HISTORIC WALLACE IDAHO. THIS PROPERTY IS PERFECT FOR A RETAIL STORE, OFFICE SPACE OR SANDWICH SHOP. COMPLETE WITH MEN'S AND WOMEN'S BATHROOMS AND PLENTY OF STORAGE. ADD A SECOND FLOOR FOR A VACATION RENTAL OR PRIVATE RESIDENCE. PRIVATE OFF STREET PARKING.

Type:
Other
Sq.Ft.:
5,382
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1960
Baths:
MLS#:
24-8903

ADDITIONAL INFORMATION

Single story brick building with three storefronts in the heart of historic downtown Wallace. One storefront is used as the highly lucrative town laundromat. All machines are in tip-top shape, maintained daily. The other two storefronts are rented to a local restauranteur. Private parking in the rear.

Type:
Other
Sq.Ft.:
1,300
Status:
Active
Beds:
n/a
Lot size:
0.9 Acres
Year built:
1977
Baths:
MLS#:
24-8607

ADDITIONAL INFORMATION

The perfect country charmer convenience store with fuel! It usually has a line out the door for its ice cream as it is a seasonal business. Nestled up the Coeur D'Alene river road at mile 21 with a beautiful scenic drive to get there and just 17 miles from Wallace over Dobson's pass. This property has endless opportunities!

Type:
Other
Sq.Ft.:
21,354
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1903
Baths:
MLS#:
24-6309

ADDITIONAL INFORMATION

Successful 14-Key Historic Hotel and Mixed Use Buildings. Anchor Tenant leases one office suite and the other Office Space has a separate 2bd apartment. Properties are located In an Opportunity Zone in a the steadily growing Wallace Visitor Base between Glacier and Seattle offering 4 seasons of recreation options with EZ I-90 access. Building 1: Historic Hotel and 2 Office Suites Nestled in the heart of picturesque North Idaho, the boutique hotel offers a serene retreat for travelers and a lucrative opportunity for investors. Located just minutes from the stunning shores of Lake Coeur d'Alene, the hotel is perfectly situated for outdoor enthusiasts and those seeking tranquility. The boutique hotel occupies the second floor of a beautifully restored historic building, blending vintage architecture with contemporary comforts. The hotel boasts 14 elegantly designed rooms, each with its own unique character and modern amenities. The ground floor features commercial tenant spaces, providing additional steady rental income. One space is rented with two year lease. The second space is recently renovated for a professional office with apartment in back. Currently operating at an occupancy rate of 27% due to the owners' semi-retired status, there is significant growth potential to increase occupancy to the hotel annual average of 63%, enhancing the hotel's revenue and profitability. The hotel enjoys a close-knit relationship with the local community, often collaborating with nearby businesses and artisans to offer exclusive experiences to the guests. Building 2: Event Center and Upstairs Luxury Apartment with a Private Roof-Top Patio A small ground-floor event center, ideal for hosting intimate gatherings (occupancy approximately up to 49 people), and an upstairs luxury one bedroom, one bathroom apartment, perfect for an owner's residence/second home or premium guest accommodation.

Type:
Other
Sq.Ft.:
21,384
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1903
Baths:
MLS#:
98915770

ADDITIONAL INFORMATION

Successful 14-Key Historic Hotel and Mixed Use Buildings. Anchor Tenant leases one office suite and the other Office Space has a separate 2bd apartment. Properties are located In an Opportunity Zone in a the steadily growing Wallace Visitor Base between Glacier and Seattle offering 4 seasons of recreation options with EZ I-90 access.

Type:
Other
Sq.Ft.:
23,868
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1933
Baths:
MLS#:
24-6086
Subdivision:
Wallace Townsite

ADDITIONAL INFORMATION

Blackboard Marketplace located in the historic silver mining town of Wallace, ID is a family-owned business, surrounded by hotels, eclectic shops, museums, dining, and social venues. Perfectly situated in the city center, this iconic property features indoor & outdoor dining (seating for 36 guests in the dining room, 21 patio seating, 28 bookstore seating, and additional mezzanine seating), an open kitchen concept, coffee & bakery, bookstore, clothing store, and additional prime retail space. The second-floor features 10 rental units currently used for commercial office space and additional rooming quarters for employee housing. Sale includes business, assets, and real estate. The multi-level 23,000+ sq ft building is one-of-a-kind. Perfect for a visionary owner to grow and/or implement their own concept while the other revenue streams are flowing, or simply a fantastic real estate investment property with forecasted 2024 revenue of 1.3 million. Included in the sale is a fully turnkey restaurant, with a Beer & Wine License in place. The entire facility is fully staffed with management in place as well. Owner training offered to Buyer if desired. Located in a high-traffic, central downtown location off the I-90 corridor and 2 blocks from the very popular Trail of the Coeur d'Alene's bicycle trail and 15 minutes from two ski resorts. The building includes ~7500 sq ft basement with income potential featuring a direct street access lift. Many unleveraged, unique spaces in the building with huge potential for additional revenue streams. The current business platform was launched 4 years ago after merging into this space and renting in other locations in town for the previous 5 years. The move to the current space has proven very successful. Strong social media and network marketing in place to support future revenue growth. This is an ideal space to take the existing business concept to the next level.

Type:
Other
Sq.Ft.:
7,500
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1914
Baths:
MLS#:
24-5785
Subdivision:
Wallace Townsite

ADDITIONAL INFORMATION

All of the hard work is done in this beautiful turnkey mixed-use brick building, originally built in 1914. The ''Camia'' sits in the heart of Downtown Wallace only 15 minutes from both Lookout Pass and Silver Mountain ski resorts. The building underwent an extensive renovation completed in 2023 consisting of a total interior engineering and remodel, including exposed post/beam installation, all new plumbing, HVAC, and electrical, all new dual pane energy efficient windows, and a new roof. The street level features a beautifully designed upscale bar and lounge with a cigar/library sitting room. All three commercial spaces have vaulted 12'-16' ceilings with a total floor space of approximately 5,625 sqft, as well as a 1,875 sqft basement. Attached to the lounge is an open restaurant space of 1,875 sqft that is ready for design and buildout. The second and third floors boast four fully furnished well-appointed lofts, with wide open floor plans, beautiful bathrooms with large walk-in dual head showers, laundry rooms, and full kitchens with stainless steel appliances. The lofts are designed for both short-stay and long-term rentals, the lobby entry and all loft doors have key and/or keyless (code/card) access control systems and there's also a remote monitor "Smart" CCTV system installed throughout the property. Attention to detail and design are apparent throughout this wonderful building as it maintains its historical exposed brick charm, with the benefits of new plumbing, electrical, HVAC, and energy-efficient infrastructure standards of 2023. All completed work is permitted with the City, County, and State.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
23-7223

ADDITIONAL INFORMATION

Established and profitable turn-key restaurant located in the heart of Historic Downtown Wallace. Muchachos is a Silver Valley favorite for both locals and visitors alike. The owner's recipes and dedication to quality food and service have people always coming back for more! High Google ratings continue to increase daily traffic. Step inside the charming dining room to get the full Muchachos experience or have a seat outside to enjoy your meal while taking in Wallace's Downtown charm. Wallace is situated between 2 ski resorts, miles of ATV trails, rivers, lakes and the Hiawatha Trail. This is truly the place to be!! Owner will provide training and recipes to help ensure a smooth transition of ownership. Both inventory and equipment are included in the sale (list available). Don't miss out on joining this wonderful business community.

Type:
Other
Sq.Ft.:
3,446
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1976
Baths:
MLS#:
23-3969

ADDITIONAL INFORMATION

Commercial building located in the heart of Historic Wallace, ID. Building has great curb appeal, numerous offices, storage rooms, kitchenettes, bathrooms and partial basement. Lots of options with this one!

Type:
General Commercial
Sq.Ft.:
2,406
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Baths:
MLS#:
22-6475
Subdivision:
N/A

ADDITIONAL INFORMATION

Looking to start a new business or add to your current portfolio? Do you currently own a gym and want to open another location? Here's your opportunity to own a PRIME spot on Cedar Street in the heart of Historic Wallace, Idaho! Constructed in 1948, it was originally home to The Wallace Food Center grocery store until 1961. It then served as Modern Drug Pharmacy for many years, and in the early 2000's it was converted into its current use as the Wallace Athletic Club. Come check out this perfect location right in the middle of everything beautiful Wallace and ALL of North Idaho has to offer!!!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.1 Acres
Baths:
MLS#:
98841759

ADDITIONAL INFORMATION

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
5.38 Acres
Baths:
MLS#:
21-9760
Subdivision:
N/A

ADDITIONAL INFORMATION

Investment opportunity in the heart of North Idaho's Coeur d'Alene National Forest. Once in a lifetime opportunity to own a long established, popular and successful restaurant, bar, RV campground and single family residence on 5.38 acres with 481 feet of water frontage on Prichard Creek. TAVERN HIGHLIGHTS: liquor license, live entertainment venue, cocktail bar, restaurant, covered patio, beer garden, billiards game room, Wolf range & flat-top grill, Wi-Fi. CAMPGROUND HIGHLIGHTS: 7 full size RV stalls with water and power, 481 feet of waterfront on Prichard Creek giving direct access to the Coeur d'Alene River. Plenty of room to expand the RV park or add additional income producing amenities. HOME HIGHLIGHTS: 1,043 sq ft, recently renovated 3 bedroom I bath, currently operating as a vacation rental. There's room for future expansion and increased revenue on the newly acquired 4+ acres. It's your blank slate for a future lodge, cabins, etc.

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Andrea Conner, License # DB48170, Xome Inc., License # CO40878, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Coeur d’ Alene Association of Realtors. Real estate listings held by brokerage firms other than this broker are marked with the IDX icon. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024. Coeur d'Alene Association of REALTORS®. All Rights Reserved.
Andrea Conner, License # DB48170, Xome Inc., License # CO40878, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Intermountain MLS system. Real estate listings held by brokerage firms other than this broker are marked with the IDX icon. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024 Copyright Intermountain MLS. All rights reserved.



Wallace Real Estate

The median home value in Wallace, ID is $240,400. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Wallace, ID is $240,400. Approximately 39.47% of Wallace homes are owned, compared to 31.67% rented, while 28.86% are vacant. Wallace real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wallace real estate agent to arrange a tour today!

Wallace, Idaho has a population of 1,062. Wallace is less family-centric than the surrounding county with 19.49% of the households containing married families with children. The county average for households married with children is 22.26%.

The median household income in Wallace, Idaho is $46,250. The median household income for the surrounding county is $43,188 compared to the national median of $69,021. The median age of people living in Wallace is 42.2 years.

Wallace Weather

The average high temperature in July is 80.8 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 37 inches per year, with 82.1 inches of snow per year.

Wallace Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    47
    30-day change

Wallace Schools and Demographics

Education near Wallace, ID

Metric City County
High School Graduates 91.96 88.4
College Degree - 2 year 11.37 10.25
College Degree - 4 year 27.08 11.27
Graduate Degree 2.68 2.56
Expenditures per Student 12,419 12,419
Students per Teacher 15.5 15.5

Elementary Schools near Wallace, ID

School Grades Students P/T Ratio ZIP
John Mullan Elementary School PK - 06 54 10 83846
Pinehurst Elementary School PK - 05 256 17.9 83850
Silver Hills Elementary School PK - 06 276 13.3 83849
Sunnyside Elementary School KG - 05 214 14.4 83837

Middle Schools near Wallace, ID

School Grades Students P/T Ratio ZIP
Kellogg Middle School 06 - 08 248 16.9 83837

High Schools near Wallace, ID

School Grades Students P/T Ratio ZIP
Kellogg High School 09 - 12 369 15.4 83837
Mullan Junior-Senior High School 07 - 12 54 6.7 83846
Wallace Junior/Senior High School 07 - 12 236 11.9 83873

Demographics near Wallace, ID

Metric City County
Neighborhood Type Small Town
Population 1,062 13,124
Population Density 1,170 5
Median Age 42.2 46.3
People per Household 2.3 2.4
Median Household Income 46,250 43,188
Average Income per Capita 27,081 25,411