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Jenn Smart

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516 Cedar St , Wallace, ID 83873
$399,000
Est. Payment: $886.67/mo
2 Bath
5687 Sqft
0.06 Acres
Status: active | Days on site: 84
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House Description

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!

Highlights

Listed by Dana Ann Johnson , 208-659-9523 eXp Realty , 208-890-7776. Coeur d'Alene MLS

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1948

County

Shoshone

Area

12 - Silver Valley

Neighborhood

Wallace Townsite

Listing ID

26-8679

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Appliances:All
Basement:Unfinished
Other:
  • ▪ Additional:Storage
Water:Public

Exterior Features

Lot:Level,Alley Access
Zoning:WA-WALLACE
Roof:Rubber
Others:
  • ▪ Additional:Lighting
Sewer:Public Sewer
Principal Interest
$887
Taxes
$217

Home Price

$399,000

Loan Details

30 yrs
0%

Down Payment

20%
$79,800
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Monthly Price:
$886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $886.67 $217.05 $0.00 $1,103.72
Yearly $10,640.00 $2,604.58 $0.00 $13,244.58
Total $319,200.00 $78,137.40 $0.00 $397,337.40
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Wallace, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Coeur d'Alene MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T12:04:05.000Z

© 2026 Coeur d'Alene MLS