516 Cedar

Wallace, ID 83873

$450,000

Active

Offered at

$450,000

Bedrooms

2

Bathrooms

Square Feet

1

Story

Your Land

๐Ÿš—

0.06

acres

That's roughly 15 parking spaces

Mid-century

1948

Born in the golden age of American homes

Classic charm, endless possibilities

The Story

"Prime commercial opportunity in the heart of historic downtown Wallace! This approximately 5700 sq ft building is ideally located across from the Wallace trolly and mine tour, surrounded by great restaurants, shopping and year-round tourism. Currently operating as a fitness center, the property offers tremendous flexibility for retail, professional offices, wellness, recreation or a variety of other commercial uses. The main level features spacious workout areas with fitness equipment available for a turnkey gym, men's and women's locker rooms and showers. Upstairs has 3 offices with a small kitchen area and a sauna and jacuzzi. The expansive basement with higher ceilings offers exceptional room for storage, expansion, or future possibilities The large storefront windows provides excellent main street visibility. This is a substantial, versatile commercial building in an outstanding downtown location-Bring your vision!"

Heating

Ductless + Natural Gas

Located In

Wallace

Shoshone

Location

516 Cedar, Wallace, ID

Directions: Entering Wallace from the west, take the second left on Cedar St. Building is located in the middle of the block on the right.

Full Details

-

Bedrooms

2

Bathrooms

-

Sq Ft

1948

Year Built

Down Payment20% ($90,000)
Interest Rate6.875%
Loan Term
Principal & Interest$2,365
Property Tax$236
Insurance$131

Estimates only. Actual rates may vary.

Property Insights

Property Age

78 years

๐Ÿš๏ธ Vintage โ€” Character and history

Quick Facts

Property Type
Commercial Sale
Subtype
Comm'l Bldg w/Land
Lot Size
0.06 ac
Subdivision
Wallace Townsite
MLS Area
12 - Silver Valley
View
City
Basement
Yes
Taxes
$2,605/yr (2025)
Zoning
WA-WALLACE
Parcel #
RPB00500190160A
Days on Market
30
MLS #
26-8679

Listing Provided By

eXp Realty

Dana Ann Johnson

Ready to see this home?

or call (208) 425-7653

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