Views - Seller Financing
Address
525 Cedar Street Wallace, ID
Price
$ 985,000
Property Attributes
  • MLS#216377
  • TypeCommercial
  • CountySHOSHONE
  • CityWallace
  • AreaSilver Valley
  • NeighborhoodWallace Townsite
  • Zip83873
  • StyleRetail
  • Taxes$ 2023
  • Price$ 985,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7500
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty Coeur d'Alene
Data Source:
Coeur d'Alene MLS (CDMLS)
Property Description

If these walls could talk! Here's your chance to own the Oldest Standing Brick Hotel in the State of Idaho! Originally Built in 1885, a September fire in the late 1890s burned down most of the town. Within months the current building was erected and ready for the long cold winter. Having survived the Big Burn of 1910, it served as the Wallace Corner Lounge & Hotel through most of the early 1900s and has had many uses throughout the decades. It's currently operated as ''6th & Cedar'', and has a successful coffee shop and a brand new bar and lounge area true to the 1930s post Prohibition era. The Original Iconic 2nd Floor Balcony was replaced/added in 2018, and the purchase will include the land, building, operating business and full Historical Liquor License that remains with the building.

Price History
6/29/2021 Listed $1,200,000
12/17/2021 18% - $985,000

General Features

Area 12 - Silver Valley
Basement Yes
Business Type See Remarks
City Wallace
Construction Block, Brick, Concrete
County Shoshone
Directions I-90 E to Wallace Exit 61. R at bottom of the off-ramp to stop sign. L on Harry F. Magnuson Way and follow into town to a L on Cedar Street. Go to 4-way stop. Building on the corner of 6th & Cedar.
Fuel Electric, Gas
Geo Lat 47.47265
Geo Lon -115.924119
Heating Cadet, Forced Air
Listing Member Name Owen Cotter
Listing Type Business, Bld & Land
Listingofficephone (208) 667-2399
New Construction No
Parcel Number RP B00500180230 A
Property Type D
REO No
Roof Tar
Sewer City Sewer
Short Sale No
Status Active
Street Name Cedar
Subdivision Wallace Townsite
Tax Year 2020
Taxes 2023.96
Terms Considered Cash, See Remarks, Seller Financing
View City, Mountain(s), Territorial
Water City
Year Built 1885
Zoning WA-WALLACE

Interior Features

Basement Full Size
Common Walls 1 Common Wall
Interior Features Hardwood Floors, High Speed Internet, See Remarks
Total SqFt 7500.00

Exterior Features

Building Style Retail
Exterior Brick, Cement Block, Concrete, Stucco
Exterior Features Curbs, See Remarks, Sidewalks
Foundation Block, Brick/Mortar, Concrete
Lot Acres 0.06
Lot Description Alley Access, Corner Lot, Level, Southern Exposure
Mls Identifier 20000414192102056539000000
Road Paved, Public Maintained Road
Street Number 525

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 83873

Price
AVG $820K
$990K
Taxes
AVG $2,376
$2,023
Visits
AVG 30
67
Walkscore
AVG 39
55
Data Provided by Walkscore ® not using MLS data

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