$550,000
Wallace, ID 83873
MLS# 26-1988
Status: Pending
3 baths | 7500 sqft
1 / 31
Property Description
Historic Building in the heart of downtown Wallace, Idaho, with alley access into the back of the building. There, you'll find a 12' x 12' garage door that leads to a large parking/storage space and woodworking shop with 3-phase power. The front of the building along Cedar Street offers approximately 1,500 square feet of prime commercial retail or office space. Upstairs, you'll find a large apartment with 2 bedrooms, 1 bathroom, a spacious living room, tons of storage space, and original hardwood floors. Don't miss out on this one-of-a-kind opportunity in beautiful Wallace, Idaho, because this one won't last long!!!
Details
Maps
Documents
Contract Information
Status: Pending
Listing Type: Comm'l Bldg w/Land
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2026-03-06
List Price: $550,000
Under Contract Date: 2026-03-10
Short Sale: No
REO: No
General Property Description
Building Style: Multi Level
Basement: No
Total Bathrooms: 3
Year Built: 1929
Remodeled: No
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 7500
SqFt. 1: 5000
SqFt. 2: 2500
ESTIMATED SqFt Source: Owner
Lot Size: 5,009
Lot Acres: 0.12
Lot Type 1: Commercial
Business Type: None
Realtor.COM Type: Commercial
Legal and Taxes
Legal: Lots 5 and 7, Blk 18, WALLACE TOWNSITE, Shoshone County, State of Idaho
AIN/Tax Bill: 1896
Parcel Number: RPB0050018005AA
Zoning: WA-Wallace
Directions: From CDA, I-90 to Wallace Exit 61. R at bottom of exit to a L on Harry Magnuson Way. Follow into town and take a L on Cedar Street. Building on the Left (North) side of the street.
Taxes: 3168.54
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Taxes Reflect 2: Solid Waste Fee
Subdivision: Wallace Townsite
Remarks
Public Remarks: Historic Building in the heart of downtown Wallace, Idaho, with alley access into the back of the building. There, you'll find a 12' x 12' garage door that leads to a large parking/storage space and woodworking shop with 3-phase power. The front of the building along Cedar Street offers approximately 1,500 square feet of prime commercial retail or office space. Upstairs, you'll find a large apartment with 2 bedrooms, 1 bathroom, a spacious living room, tons of storage space, and original hardwood floors. Don't miss out on this one-of-a-kind opportunity in beautiful Wallace, Idaho, because this one won't last long!!!
Address
Street Number: 507
Street Name: Cedar
Street Suffix: ST
State/Province: ID
Postal Code: 83873
County: Shoshone
Miscellaneous
Sec: 4
Twn: 48N
Rng: 34
Rng Dir: EBM
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Yes
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Shoshone Dist #1
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: Negotiable
Estimated Net Value: 75,000
Confidential from Employees?: N/A
Approx SqFt of Leased Space: 2500
Monthly Lease Amount: 350
Owner Qtrs
#Baths: 1
#Bdrms: 2
SqFt: 2500
SqFtSource: Owner
YrBuilt: 1941
Architectural Style
Description: Multi-Level Commercial
Exterior
Other: Wood window trim.
Showing Instructions
Showing Service Name: None
Property Features
View: Mountain(s); Neighborhood
Lot Features: Alley Access; Level; Southern Exposure
Fencing: None
Interior Features: 3 Phase Power; Cable Internet Available; Cable TV; DSL Available; Hardwood Floors; High Speed Internet; Phone Prewired; Storage
Exterior Features: Curbs; Handicap Access; Paved Parking; Sidewalks
Common Walls: 2+ Common Walls
Owner Qtrs: Owner Qtrs
Fuel: Electric; Natural Gas
Heating: Baseboard; Cadet; Forced Air; Furnace
Basement: None-Slab on Grade
Construction: Brick; Concrete; Frame
Foundation: Concrete; Slab
Exterior: Brick; Concrete
Roof: Rolled Rubber
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional; Seller Financing
Panhandle Health Buyer Welcome Letter Listing Office: Silvercreek Realty Group, LLC
Last Updated: March - 11 - 2026
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Tuesday 24th of March 2026 10:55 AM
