Mixed Use Investment Property for Sale in Potlatch, Idaho

Description

Great Investment Opportunity in Potlatch, ID

Mixed use property features three individual homes situated on separate lots, along with a fourth lot that accommodates a tenant-owned manufactured home. Currently, two of the homes are utilized as long-term rentals, while another serves as a short-term vacation rental, and the fourth supplies a lot rent. The lots are conveniently located along highway frontage and are zoned for commercial use, with an existing Conditional Use Permit (CUP) that allows for rural residential purposes. The remainder of the property is designated as agricultural and forested land, offering a unique blend of potential uses. There are numerous possibilities for this property: continue operating the current long-term and vacation rentals, live in one home while renting out the others, or explore development opportunities in this area, which is experiencing growth as a commercial location just outside of Potlatch, Idaho. With its versatile zoning and strategic location, this property is an excellent investment for those looking to capitalize on both residential and commercial potential.

Growing Town of Potaltch, ID

Potlatch, Idaho, is a charming small town surrounded by stunning natural landscapes, making it a haven for outdoor enthusiasts. With abundant opportunities for hiking, fishing, and camping, residents can easily connect with nature. The community is known for its friendly atmosphere, where neighbors form lasting relationships and local events foster a strong sense of belonging. Additionally, Potlatch boasts a rich history rooted in the lumber industry, adding character to the town with its historic buildings and stories. Living in Potlatch offers affordability compared to larger cities, making it an attractive option for families and individuals seeking a quieter lifestyle. While it retains its rural charm, the town is conveniently located near larger communities, providing access to shopping, dining, and other amenities. As Potlatch continues to grow, new businesses and opportunities are emerging, contributing to a vibrant local economy and enhancing the overall quality of life for its residents.

https://www.cityofpotlatch.org/

https://en.wikipedia.org/wiki/Potlatch,_Idaho

Located in the Beautiful Palouse Area of Eastern WA and North ID

This Idaho investment property is located just a few miles from the Washington border and centrally located within commuting distance to both Moscow, ID (home of the University of Idaho) and Pullman, WA (home of Washington State University). If you occasionally need larger city services or activities, Spokane, WA is just 75 miles east, and gorgeous Couer d A’lene, ID is 70 miles north. The Palouse areas rolling hills have a one-of-a-kind color and beauty, and is truly the gem of Idaho when it comes to farming and production – no irrigation is needed as the rain and moisture show up exactly on time and at the right amount. And it’s a whole new world if you are looking for an area with tons of outdoor recreation. North Idaho offers hunting, fishing, hiking, boating, water recreation, camping, horseback riding and more – you name it and there are multiple places to find it! If you have ever considered leaving the rat race and moving to Idaho, this business opportunity can help finance your opportunity! For more information on this listing and to view similar listings please visit: https://www.inlandnorthwestrealtors.com or http://www.unitedcountry.com

https://en.wikipedia.org/wiki/Palouse

https://en.wikipedia.org/wiki/Moscow,_Idaho

https://www.uidaho.edu

https://www.pullman-wa.gov/

https://wsu.edu/

https://www.northidaho.org/activities

https://www.fs.usda.gov/recmain/ipnf/recreation