602 & 606 N Government Way Coeur d’Alene

$ 2,495,000
602 & 606 N Government Way,
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Overview

  • Updated On:
  • March 29, 2023
  • 4,106 ft2
  • Year Built: 1916

Description

602 & 606 N Government Way Coeur d’Alene, Idaho 83814

ATTENTION INVESTORS AND DEVELOPERS. Here is an excellent opportunity to acquire both 602 and 606 N Government Way in Coeur d’Alene. Sold as is, these contiguous properties make up 0.31 acres within the DO-N (Downtown-North) Overlay District. Utilizing Infill Design Standards found on the City of Coeur d’Alene’s website under ”Planning Department”, this property is potentially open to development (with bonuses) up to an allowable 2.0 multiplier (FAR) floor area ratio. On 0.31 acres, this can amount up to 27,000 SF of livable area that can be developed, minus floor area dedicated to ”on grade” parking, elevators, and other variables. This DO-N Overlay district FAR calculation places no restriction on the number of units that can be built, as long as acceptable SF is not exceeded and the maximum building height of 45 ft is not exceeded. Be aware that subterranean parking is a possible option that will not impinge on total floor area computation. With this in mind, you are encouraged

Call Bennett Realty Group, Keller Williams Realty (208) 818-0002 for more info.
Seller Represented by: Keller Williams Spokane
Prepared by Bennett Realty Group on March 29th, 2023 This information is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the information provider is licensed. Information provider is making no warranties or representations concerning any property including availability. The information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d’Alene MLS and Broker/Participants of the Coeur d’Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

Address: 602 & 606 N Government Way
Zip: 83814
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Property Id : 5017714
Price: $ 2,495,000
Property Size: 4,106 ft2
Property Lot Size: 0.31 acres
Year Built: 1916
Basement: Yes Cellar
External construction: Lap Siding
Roofing: Comp Shingle,Shake
Other Features
Cable TV
Landscaping
Lawn
Paved Parking
Sidewalks
Sprinkler System

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