Fully Permitted Downtown Development Lot
512 N 1st St
Coeur d’Alene, ID 83814

The Garden Lofts site, located in the Downtown Core District of Coeur d’Alene, spans .69 acres of land. This property is a fully entitled project with permits already obtained for construction. The current layout of the lot includes plans for 10 spacious townhomes, 34 luxurious condo units, and ample parking spaces. Moreover, it boasts a prime location just a 5-minute walk away from the Coeur d’Alene resort and the charming Sherman Avenue. The design of Garden Lofts was skillfully crafted by the renowned architect, Monte Miller of Miller Stauffer, who has left a remarkable imprint on both historic and contemporary projects in Coeur d’Alene.
Notably, all necessary utilities have been connected to the site, and significant offsite improvements have been carried out, such as renovating the alley and ensuring proper sidewalk maintenance and repairs. In a residential real estate market that is currently booming, Garden Lofts stands out by offering an affordable housing option. This is particularly significant given that other newly constructed condominiums in the area are priced at nearly $1,000 per square foot for projected sales.

Address
512 N 1st St
Coeur d'Alene, ID 83814
List Price
$4,750,000
Land Area
33,001.6 SF | 0.76 Ac
Zoning
DC (Downtown Core)
DC (Downtown Core) Zone
The purpose of the DC zone is to create a distinct, strong identity for the downtown core, preserving a civic heart for Coeur d’Alene.
This district is envisioned to have the highest intensity uses, especially retail, office, residences, and hotels contained within low-rise, midrise and high-rise buildings.

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Offered By

Will Scherman

Broker

303-817-9325 | will@khcommercial.com

teal-square

Teal Hagan

Principal + Employing Broker

720-984-0419 | thagan@khcommercial.com