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

$1,125,000


3

Beds


2

Baths


2,162

Sq Ft


Single Family

Active

Listed by

Ryan Schuster

Kelly Right Real Estate

509-489-7000

Last updated:

June 17, 2025, 03:14 PM

MLS#

25-6221

Source:

ID CDAR

About This Home

602 N GOVERNMENT WAY

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!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1916

Price Summary

1,125,000

$520 per Sq. Ft.

MLS #:

25-6221

Last Updated:

June 17, 2025, 03:14 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,162 Sq. Ft.


Structure

Structure

Building Area:

2,162 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$1,125,000

Price per Sq. Ft:

$520 per Sq. Ft.

Source:ID CDAR
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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