$5,500,000
Active
62 Days Online
0 Beds0 Baths23,868 SQFT
Active

600 Cedar St Wallace, ID 83873

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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.

  • Property TypeCommercial
  • NeighborhoodWallace Townsite
  • CountyShoshone
  • Taxes$7,167
  • HOA/Condo/Coop Fees$0
  • Days on Site62 Days
  • MLS StatusActive
  • MLS ID Number24-6086
  • Home Size Source Assessor
  • Year Built1933
  • Lot Size0.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Multi Level
  • Construction BrickBlockConcreteFrame
  • Sewer Public Sewer
  • Acreage 0.14
  • Water Public
  • Property Sub Type Business
  • Foundation Concrete Perimeter
  • Zoning WA-Wallace

Interior Features

  • Heating ElectricNatural GasForced AirFurnace
  • Interior Cable Internet AvailableCable TVCentral AirDSL AvailableHigh Speed InternetSatelliteSecurity System3 Phase PowerExtra StorageHardwood FloorsPhone PrewiredTile/Stone FlooringSee Remarks

Exterior Features

  • Roof Rubber
  • View Mountain(s)City
  • Spa No
  • Exterior CurbsLightingPaved ParkingSidewalksHandicap Access
  • Lot Corner LotLevelAlley Access

Community Features

  • Township 48N
  • MLS Area 12 - Silver Valley

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Monthly Payment (Est.)

$27,638
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