602 N GOVERNMENT WAY Coeur d’Alene
$1,025,000
0.2 acres
3 beds
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 Details
Price:
$1,025,000
MLS #:
25-6221
Status:
Active
Beds:
3
Baths:
1.5
Address:
602 N GOVERNMENT WAY
Type:
Single Family
Subtype:
Site Built < 2 Acre
Neighborhood:
01 – Cd’A Urban/Dalton
City:
Coeur d’Alene
Listed Date:
Jun 17, 2025
State:
ID
Finished Sq Ft:
2,162
Total Sq Ft:
2,162
ZIP:
83814
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1916
Schools
School District:
CDA – 271
Interior
Appliances
Electric Range, Gas Water Heater, Refrigerator, Disposal, Dishwasher
Cooling
Central Air
Flooring
Vinyl, Carpet
Heating
Natural Gas, Fireplace(s), Cadet, Wood, Forced Air
Exterior
Community Features
Sidewalks, Curbs
Construction Materials
Lap Siding, Frame
Exterior Features
Lawn
Parking Features
Paved Parking
Roof
Shake, Wood
Financial
Tax Year
2024
Taxes
$3,206
Map
Agent Details
Contact Me
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602 N GOVERNMENT WAY
Coeur d’Alene, ID
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