Overview
- Updated On:
- July 2, 2026
- 4,325 ft2
- 0 ft2
Description
Prime 4-unit mixed-use investment property on Spirit Lake’s Historic Main Street featuring 1 ground-floor commercial space and 3 residential apartments. Strong cap rate with immediate value-add potential through below-market rents. Recent updates include newer roof and fresh paint. Separate utilities minimize owner expenses. All units currently occupied with proven low turnover in North Idaho’s consistently strong rental market. Exceptional location just one block from the lake positions this as a gateway to North Idaho’s recreational paradise. The commercial space offers high-visibility Maine Street presence.
Property Id: 1221411
Price: $ 640,000
Property Size: 4,325 ft2
Property Lot Size: 0 ft2
Basement: Cellar
BuildingAreaTotal: 4325
CommunityFeatures: Sidewalks, Curbs
ConstructionMaterials: Cement Block, Block, Brick
Directions: North on Hwy 41, turn left onto W Maine St, property is on the left.
Other Features
Has a View
Has Heating System
Address: 6236 W MAINE ST, Spirit Lake, ID 83869
City: Spirit Lake
State/County: Kootenai
Zip: 83869
Country: United States
$ 3,030.57
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,779.90
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