405 West Canfield Avenue

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405 West Canfield Avenue

Coeur d'Alene, ID 83815
Asking Price
$3.50M
Cap Rate
5.33%
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 405 West Canfield Avenue in Coeur d'Alene
  • Restaurant asset offered for sale at 3500000 dollars
  • Current property cap rate is established at 5.33 percent
  • Retail site positioned for consistent regional commercial demand
  • Property situated within a growing Idaho metropolitan submarket

What's Special

Establish a premier dining destination at 405 West Canfield Avenue in Coeur d'Alene, Idaho. This restaurant property serves as a strategic asset for investors or operators looking to secure a foothold in a growing regional hub. The location benefits from the steady economic development of the Inland Northwest, where local demographics support a consistent demand for hospitality services and high-quality retail spaces. Coeur d'Alene remains a prominent destination for both residents and visitors, driven by its surrounding natural beauty and proximity to regional transit corridors. The structure is well-positioned to accommodate a full-service culinary operation, providing the necessary visibility and access required for success in the competitive local restaurant scene. As the city continues to see expansion in both residential and commercial sectors, this asset represents a functional component of the local business landscape. Prospective buyers will find an established presence in a market characterized by strong community engagement and a resilient consumer base. This retail property offers a clear path toward operational growth or portfolio diversification within an attractive Idaho submarket.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times