602&606 N Government Way Coeur d’Alene

Description

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

MLS # – 24-6120

PRICE REDUCTION on this excellent investment/development opportunity on contiguous 602 & 606 N Government Way properties in CDA that encompasses 0.31 acres within the DO-N (Downtown – North) Overlay District. Options include personal or rental use with a history of +$4100/month income, or for the developer: utilizing Infill Design Standards found on the City of CDA’s website under ”Planning Dept.’- 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 parking, elevators, & 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 & the maximum building height of 45 ft is not exceeded. Check with the city as you are encouraged to bring your vision and plans to bear on this excellent opportunity.

Appliances: Dishwasher, Range/Oven – Gas, Refrigerator, Gas Water Heater, Disposal

Interior Amenities: Cable TV, Smart Thermostat, Fireplace

Heat: Gas, Wood Cadet, Ductless, Fireplace

Exterior Amenities: Covered Porch, Sidewalks, Sprinkler System – Front, Open Patio, Lawn, Landscaping, Garden, Fencing – Partial

Basement: Yes Cellar

Call Bennett Realty Group, Keller Williams Coeur d’Alene Realty (208) 818-0002 for more info about 602&606 N Government Way Coeur d’Alene Idaho 83814.
Seller is represented by: Keller Williams Realty Coeur d’Alene
Prepared by Bennett Realty Group on October 11th, 2024.  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. The 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 Coeur d’Alene MLS and may not be the listing of the provider.