About 602 N Government Way
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!
Features of 602 N Government Way
| MLS® # | 25-6221 |
|---|---|
| Price | $1,025,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 2,162 |
| Acres | 0.20 |
| Year Built | 1916 |
| Type | Residential |
| Sub-Type | Site Built < 2 Acre |
| Status | Active |
Community Information
| Address | 602 N Government Way |
|---|---|
| Area | 01 - Cd'A Urban/Dalton |
| Subdivision | N/A |
| City | Coeur d'Alene |
| County | Kootenai |
| State | ID |
| Zip Code | 83814 |
Amenities
| Parking | Paved Parking |
|---|---|
| View | City, Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable Internet Available, Fireplace |
|---|---|
| Appliances | Electric Range, Gas Water Heater, Refrigerator, Disposal, Dishwasher |
| Heating | Natural Gas, Fireplace(s), Cadet, Wood, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished, Cellar |
Exterior
| Exterior Features | Lawn |
|---|---|
| Lot Description | Sprinklers In Front, Open Lot, Landscaped, Corner Lot, Level |
| Roof | Shake, Wood |
| Foundation | Brick/Mortar, Concrete Perimeter, Pillar/Post/Pier |
School Information
| District | CDA - 271 |
|---|
Additional Information
| Zoning | CDA R-17 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | kelly right real estate |
|---|