Photos
$859,000
MLS: 11037-944073
5.08 Acres
2,652 SqFt
6 beds
3.0 baths
Discover a unique property spanning 5.08 acres just outside of Potlatch, Idaho. This versatile property offers a range of features that make it a lucrative investment opportunity. 3 homes on separate parcels, and additional half acre parcel, and an RV/Boat Storage Facility are located on site. One location, five income streams - infinite potential!
This property has the best price on commercial highway frontage to be found between Moscow and Coeur d'Alene, Idaho. The commercial lots have a 99 year conditional use permit that allows the original single family use in the currently zoned commercial area. This opens up the options for residential, commercial or investment uses - think long term rentals, vacation rentals, bed & breakfast/lodges, live in one home and rent the others, family communal living, or commercial development in an expanding commercial location for Potlatch. Existing storage facility could be expanded or created into RV sales or repair, providing a diverse range of business opportunities. With Highway Frontage, an owner is ensured visibility and accessibility for potential customers!
Featuring 3 single family cottages, this property offers a total of 6 bedrooms and 3 bathrooms, making it ideal for rental homes, or a Bed & Breakfast setup. Currently used as 2 long-term rentals, a long-term lot rent and a shorter-term furnished rental. Find: a 2 bed/1 bath 980 sq ft, .280 AC property, a 3 bed/1 bath, 1153 sq ft, 1.14 AC property, a 1 bed/1 bath, 580 sq ft, .280 AC property, and a .580 AC lot with a tenant-owned manufactured home paying a lot rent below market rates. The income potential is endless.
RV/Boat storage lot for sale, roughly 1.68 AC +/-. Includes the physical location and contracts with existing tenants. Graveled parking area with 18 inches of base rock and smaller fill gravel, designed for 93 designated parking areas. Full perimeter 6 foot black chain link fencing. Motorized gate with coded keypad access and surveillance cameras for additional security. Storage lot has its own power pole and separate power/billing.
Discover an exceptional opportunity nestled on 5.08 acres just outside of Potlatch, Idaho. This unique mixed-use property offers a rare blend of residential comfort and commercial potential, perfectly suited for those seeking a dynamic investment or a family compound with income possibilities. Boasting highway frontage, the location provides excellent visibility and easy access, ideal for various business ventures or development projects.
The portfolio features three distinct homes, collectively offering six bedrooms and three bathrooms. This arrangement allows for versatile living options—reside in one home while renting the others, creating a steady income stream, or accommodate an extended family comfortably. Each residence carries its own charm, contributing to a warm, inviting atmosphere throughout the property.
Beyond the residences, the property includes valuable storage facilities, enhancing its appeal for commercial use or personal convenience. Whether you envision a bed and breakfast, a lodge, or commercial enterprises, this site supports a wide range of possibilities. The blend of residential and commercial zoning opens doors to creative investment strategies in North Idaho’s growing market.
This exceptional property stands as a testament to the potential of mixed-use development in Northern Idaho. With its strategic location, multiple homes, storage amenities, and highway frontage, it offers a unique lifestyle opportunity paired with solid business prospects. Embrace the chance to create a thriving family compound, a profitable commercial hub, or a harmonious combination of both in the scenic surroundings of Potlatch.
Deann Billing
