About This Home

This 0-bedroom, 2-bathroom commercial at 516 Cedar St in Wallace, ID is listed for $450,000 ($79 per sqft). Built in 1948, the home offers 5,687 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1948
  • 0.06 acre lot

Property Details

2 full
1948

Amenities

View
Listing 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!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

516 Cedar St

Wallace, ID 83873

Wallace Townsite

Features & Amenities

Interior Features

Storage

Exterior Features

Lighting

Property Details

Construction

Brick Concrete

Views

City

Heating

Ductless (Heating)Natural Gas

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 516 Cedar St is listed at $450,000 ($79/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.06 acre lot. Interior Features: Storage. Exterior Features: Lighting.

This property is listed by Dana Ann Johnson and can be reached at 2086599523.

DJ

Dana Ann Johnson

License SP53228

Agent at eXp Realty LLC

(208) 659-9523

Listed by eXp Realty LLC · Broker phone: (208) 890-7776 · View on Broker Site

MLS# 26-8679· Source: Coeur d'Alene Multiple Listing Service· 36 days on PropertySimple

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 Cedar St, Wallace, ID 83873

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