602 N GOVERNMENT WAY, Coeur d'Alene, ID 83814

Local realty services provided by:ERA Shelman Realty
#1#2#3
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:58 day(s) ago
  • Updated:August 08, 2025 at 02:50 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)
IDX information is provided by the Coeur d’Alene Multiple Listing Service exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data is deemed reliable but is not guaranteed accurate by the MLS

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