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602&606 N Government Way, Coeur d'Alene, ID 83814

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For Sale

$1,589,000

6 beds • 2 baths • 1 half baths • 4,106 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $386.99
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

PRICE REDUCTION on this excellent investment/development opportunity on contiguous 602 & 606 N Government Way properties in CDA that encompasses 0.31 acres within the DO-N (Downtown - North) Overlay District. Options include personal or rental use with a history of +$4100/month income, or for the developer: utilizing Infill Design Standards found on the City of CDA's website under ''Planning Dept.'- this property is potentially open to development (with bonuses) up to an allowable 2.0 multiplier (FAR) floor area ratio. On 0.31 acres, this can amount up to 27,000 SF of livable area that can be developed, minus floor area dedicated to parking, elevators, & other variables. This DO-N Overlay district FAR calculation places no restriction on the number of units that can be built, as long as acceptable SF is not exceeded & the maximum building height of 45 ft is not exceeded. Check with the city as you are encouraged to bring your vision and plans to bear on this excellent opportunity.
MLS# 24-6120

Courtesy Of CDARE

(208) 667-2399

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Lawn, Porch, Patio, Garden, Cable Ready
  • Appliances
    Dishwasher, Garbage Disposer, Oven - Gas, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Fireplace
  • Lot Size
    0.31 Acres
  • View Type
    Lake

Map and Directions

Directions to 602&606 N Government Way, Coeur d'Alene, ID 83814

Home seller CENTURY 21 Beutler & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Beutler & Associates

(208) 765-5554
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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