Lake Home For Sale near Spirit Lake
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 Details
- Beds: 5
- Baths: 0.0
- Sq Feet: 3596
- Year Built: 1910
- Location: Spirit Lake
- Acres: 0.080
- ViewTypes: Territorial, City
- County: Kootenai County
- Community: Spirit Lake
- Heat/AC: Baseboard, Electric (Heating)
- Siding: Cement Block, Brick, Block
- Roof: Metal
- Property Taxes: $1,805
- MLS #: 25-10265
Location
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Ad Statistics:
| Ad Number : | 6718388 |
| Viewed: | 5 times |
| Added: | Oct 13, 2025 |
| Updated on: | Oct 13, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
