602 N GOVERNMENT WAY, Coeur Dalene, ID 83814
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
602 N GOVERNMENT WAY,Coeur d'Alene, ID 83814
$1,025,000
- 3 Beds
- 2 Baths
- 2,162 sq. ft.
- Single family
- Active
Listed by:ryan schuster
Office:kelly right real estate
MLS#:25-6221
Source:ID_CDAR
Price summary
- Price:$1,025,000
- Price per sq. ft.:$474.1
About this home
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!
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Home facts
- Year built:1916
- Listing ID #:25-6221
- Added:133 day(s) ago
- Updated:October 16, 2025 at 03:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,162 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Cadet, Forced Air
Structure and exterior
- Roof:Shake, Wood
- Year built:1916
- Building area:2,162 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,025,000
- Price per sq. ft.:$474.1
- Tax amount:$3,206 (2024)
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