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702 N Florence Ave, Sandpoint, ID 83864

$3,000,000
  • 702 N Florence Ave, Sandpoint, ID 83864 Main Photo

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New to the Market Active
SQUARE FEET42,253 MLS#26-2887
STATUS PROPERTY TYPECommercial - Business SUBDIVISIONWest End

Property Description

Rare opportunity to acquire a prime, contiguous multi-lot property in the core of Sandpoint, ideally positioned for investors, 1031 exchange buyers, and developers seeking scale, location, and flexibility. RV Park comprised of 12 city lots spanning approximately one acre, this property delivers a highly desirable land assemblage rarely available within city limits. Zoned RM (Residential Multi-Family), it offers the ability to maximize density and overall footprint in one of North Idaho's most supply-constrained markets. Whether you choose to redevelop, expand, or hold as an asset, the fundamentals are already in place.Currently operating as a well-maintained, turnkey park with 17 total units, including 9 owned units, this property has been owner-operated and meticulously cared for for 30+ years. The pride of ownership is evident throughout, with a clean, organized, and pristine park setting that supports long-term stability. The tenant base consists of quality, long-term residents, providing reliable income from day one. Additional features include on-site laundry building and storage, enhancing tenant future potential for value add. Located within an Opportunity Zone, this asset presents potential tax advantages while positioning investors to capitalize on the continued growth and demand in Sandpoint's housing market. Properties offering this combination of scale, zoning, contiguous land, and existing income are increasingly rare.Sandpoint continues to emerge as a highly desirable lifestyle-driven market with strong fundamentals for investors and developers alike. Anchored by Lake Pend Oreille and Schweitzer Mountain Resort, the area attracts year-round tourism, remote workers, and full-time residents seeking quality of life without sacrificing access to amenities. Limited inventory, steady population growth, and increasing demand for housing--particularly multi-family--create a compelling backdrop for long-term appreciation and development upside.

702 N Florence Ave | MLS# 26-2887

This commercial property located at 702 N Florence Ave, Sandpoint, ID 83864 is currently listed for sale with an asking price of $3,000,000. Search Sandpoint real estate on online.tomlinsoncb.com today.

Property Features

Property Type: Commercial - Business
Basement: None
Heating: Electric, See Remarks
Lot Size: 0.97 Acres
Roof Type: Metal
Taxes: $6,558
Year Built: 1962

Feature Descriptions

Exterior: Lawn
Foundation: Block
Foundation: Block
Interior: Storage
Lot: Corner Lot, Level
Road: Paved
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty - Sandpoint Branch

Shown By

Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400

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