114 Neider AveCoeur d'Alene, ID 83815

This exceptional Coeur d'Alene investment opportunity presents a 1,437 square foot commercial condo, ideally suited for a dental practice. Currently leased to a dentist under a five-year agreement (with a five-year option), the property boasts a strong 6% cap rate. The lease includes a 3% annual rent increase, starting at a base monthly rent of $2,500 (year one). The tenant is responsible for property taxes, building insurance, HOA dues, and all utilities, resulting in a total monthly payment of $3,131. The space underwent a complete remodel in 2024 and is situated in a beautiful building with excellent curb appeal and ample parking. Located at 114 W Neider Ave, Coeur d'Alene, ID 83815, on a 0.15-acre lot, this property offers a hassle-free investment with a solid, long-term return. The property is zoned for commercial use and features ground floor accessibility. This is a turnkey investment opportunity with a proven track record and a secure tenant in place. The property's prime location in Kootenai County ensures high visibility and accessibility for clients. This is an excellent opportunity for investors seeking a stable and profitable addition to their portfolio. The asking price for this exceptional property is $475,000.