3260 E SELTICE WAY new Save Request In-Person Tour Request Virtual Tour
Post Falls,ID 83854
Key Details
Property Type Vacant Land
Sub Type Comm'l Bldg w/Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $325
MLS Listing ID 25-9190
Style Single Level
Year Built 1994
Annual Tax Amount $4,676
Tax Year 2024
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Comm'l Bldg w/Land
Source Coeur d'Alene Multiple Listing Service
Property Description
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.
Location
State ID
County Kootenai
Area 02 - Post Falls
Zoning PF - Industrial
Direction On Seltice Way about 1/2 mile W of the Hwy 41 and I-90 interchange.
Rooms
Basement None
Interior
Heating Electric,See Remarks
Equipment None
Exterior
Exterior Feature Lighting
View Mountain(s),Territorial
Roof Type Metal
Building
Lot Description Corner Lot,Level,Southern Exposure
Foundation Concrete Perimeter
Sewer Community System
Water Public
New Construction No
Others
Tax ID P83250030010