About 3260 E Seltice Way
Cash flow on cruise control - turn-key, passive income with strong national tenant and long term lease in a prime Post Falls Opportunity Zone location. Potential long term tax incentives. Enterprise rent-a-car has just signed a 5-year lease, with four 5-year renewal options. This well-maintained asset was previously operating as a car wash. The automatic wash bay is being renovated into 576 SF of office space. A second building houses a 1,725 SF self-serve standard rack of 4 bay cat pumps with hot water, a champion air compressor and a boiler for floor heat. Long-term stability with a modified gross lease through August, 2030. Exceptional income potential with current rent at $3,250/month showing a 5.2% CAP. Offered at a price aligned with strong returns and long-term growth potential.
Features of 3260 E Seltice Way
MLS® # | 25-9190 |
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Price | $750,000 |
Square Footage | 2,304 |
Acres | 0.65 |
Year Built | 1994 |
Type | Commercial Sale |
Sub-Type | Comm'l Bldg w/Land |
Status | Active |
Community Information
Address | 3260 E Seltice Way |
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Area | 02 - Post Falls |
City | Post Falls |
County | Kootenai |
State | ID |
Zip Code | 83854 |
Amenities
Parking | Paved Parking |
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View | Mountain(s), Territorial |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Electric, See Remarks |
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Fireplace | No |
Has Basement | No |
Basement | None |
Exterior
Exterior Features | Lighting |
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Lot Description | Corner Lot, Level, Southern Exposure |
Roof | Metal |
Foundation | Concrete Perimeter |
Additional Information
Zoning | PF - Industrial |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Realty Coeur d'Alene |
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