USAIDSandpointWest End702 N Florence Ave
702 N Florence Ave | Image 1
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$3,000,000

For Sale

14 days ago

702 N Florence Ave, Sandpoint, ID

House

MLS® 26-2887

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $6,558
Days Active 13
Lot Size 
Approx. Age 1962
MLS® Number 26-2887

Property Address: 702 N Florence Ave, Sandpoint, ID, 83864-1999

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time. Additional features include on-site storage buildings, one equipped with water, sewer, and power--further supporting value-add opportunities. Attractive seller financing terms are available, creating a compelling opportunity for buyers seeking flexible acquisition options and the ability to enhance overall returns. Located within an Opportunity Zone, this asset presents potential tax advantages while positioning investors to benefit from continued growth in one of North Idaho's most sought-after markets. Assets combining full occupancy, scale, and redevelopment flexibility in this location are exceptionally rare. Sandpoint continues to attract investors and residents alike with its proximity to Lake Pend Oreille and Schweitzer Mountain Resort, strong demand for housing, and limited in-town inventory. As population growth and housing demand remain steady, properties like this offer both immediate stability and long-term upside.
MLS® Number26-2887
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$3,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
702 N Florence Ave, Sandpoint, ID

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