Exceptional opportunity to own a .45-acre commercial lot with a special use permit for multifamily residential development—a rare combo offering flexibility for both investors and owner-users. Located on the corner of Highway 200 and Carnelian Ave, this property boasts 78 feet of highway frontage for outstanding visibility, ideal for retail, office, or multi-family housing. All city utilities are available (water, sewer, power, gas), and the flat topography makes development straightforward. Enjoy views of Schweitzer Mountain, adjacency to a thriving medical complex, and quick access to Lake Pend Oreille's Bay Trail, Home Depot, North 40, Yoke's, and the Field of Dreams sports complex. With Ponderay's waterfront park development just blocks away, this lot sits squarely in the path of progress. Whether you're building a mixed-use project, boutique rentals, or a flagship commercial space, this property delivers unmatched upside and location.