602 N Government Way

Coeur d'Alene, ID 83814

  • 3 Bed(s)
  • 2 Bath(s)
  • 2,162 Sqft
  • 0.2
    Acre(Lot)
$1,125,000

Description

Investor and developer alert! this corner property is in the historic downtown sector of coeur d'alene within the renowned garden district. two lots zoned r-17 / infill district which feature .20 total acres. build brand new multifamily condo units or apartments. city planning department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. unit count is determined by floor-area-ratio (far). calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! no cc&r's or hoa's. bring your vision and skillset to create new stylized development mere blocks away from the pulse of sherman ave, cda resort & marina, tubbs hill, city park, independance point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. existing 3 br / 1.5 ba / 2,834 sq ft home cash flows excellent rent roll. don't hesitate to capitalize on this opportunity!

  • Property Type

    Residential
  • County

    Kootenai
  • Style

    Residential
  • AD ID

    50197099

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BuyOwner last updated this listing 06/21/2025 @ 01:41

  • MLS: 25-6221
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CoeurdAlene

is a Home, with 3 bedrooms which is for sale, it has 2,162 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.