525 Cedar St Wallace, ID
$ 1,200,000
Property Attributes
  • MLS#216885
  • TypeCondos
  • CountySHOSHONE
  • CityWallace
  • AreaSilver Valley
  • NeighborhoodWallace Townsite
  • Zip83873
  • StyleMulti-Level
  • Year Built1885
  • Taxes$ 2023
  • Price$ 1,200,000
  • Bedrooms5
  • Full Bathrooms4
  • 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) - 263 - ID
Property Description

Location, Location, Location....Here's your chance to own the Oldest Standing Brick Hotel in the State of Idaho, perfectly situated in the Heart of Historic Wallace! Having survived the Big Burn of 1910, it served as the Wallace Corner Lounge & Hotel throughout most of the early 1900s and has had many uses throughout the decades. It's currently operated as ''6th & Cedar'', that 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. The 2nd & 3rd Floors are an open canvas ready for you to make it your own personal residence with 2,500 sq. ft. on each floor, including just over 1,000 sq. ft. of Balcony Deck Space to enjoy throughout the year. Or, maybe develop the two floors into multiple units ready to rent, VRBO, or Sell. Endless potential for any creative Buyer with this spectacular property! Purchase includes the Land, Building, Operating Business, and Liquor License.

Price History
7/10/2021 Listed $1,200,000

General Features

Appliances Dishwasher, Electric Water Heater, Freezer, Microwave, Refrigerator
Basement Yes
City Wallace
Construction Block, Brick, Concrete, Frame
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.
Exterior Features Curbs, Lighting, Open Deck, Paved Parking, See Remarks, Sidewalks
Fuel Electric, Gas
Geo Lat 47.472649
Geo Lon -115.924119
Heating Forced Air
Interior Features High Speed Internet
Legal Description LOT 23 BLK 18 WALLACE 34-48-4
Listing Area 12 - Silver Valley
Listing Member Name Owen Cotter
Listing Type Condo
Listingofficephone (208) 667-2399
New Construction No
Property Type A
Roof Tar
School District Wallace - 393
Sewer City Sewer
Status Active
Street Name Cedar
Style Multi-Level
Subdivision Wallace Townsite
Tax Year 2020
Taxes 2023.96
View City, Mountain(s), Territorial
Water City
Year Built 1885

Interior Features

Basement Full Size
Common Walls 1 Common Wall
Living Area 7500.00
Sqft Source Assessor
Street Suffix St
Total Bathrooms 4.00
Total Bedrooms 5

Exterior Features

Exterior Brick, Cement Block, Concrete, Stucco
Foundation Block, Brick/Mortar, Concrete
Garage Stall None
Garage Type None
Lot Acres 0.06
Lot Description Alley Access, Corner Lot, Level, Southern Exposure
Mls Identifier 20000414192102056539000000
Road Paved, Public Maintained Road


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

Property vs Condos Average in 83873

AVG $1.2M
AVG $2,023
AVG 56
Year Built
AVG 1885
AVG 55
Data Provided by Walkscore ® not using MLS data

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