The 0.27-acre 206 North First Avenue site is located on the northeast corner of North First Avenue and Bridge Street in Sandpoint, Idaho. The site is owned outright by the Sponsor, and is currently unimproved. The Project is designed as a four-story concrete podium project with one story of subterranean parking and two stories of stud-frame construction. The Project is expected to include 32,800 square feet of condominium space with 3,768 square feet of private balcony space totaling 12 for-sale homes (2,567 SF average). Additionally, ample common area space is planned, including a third-floor 1,344 square foot sky deck and sixth-floor 1,642 square foot rooftop balcony. Additional uses include 8,350 square feet of street level shop space, and 10,900 square feet of garage parking providing 24 parking stalls. 206 North First Avenue is well-designed to handle a gradient towards Lake Pend Oreille, with 4 stories of above-ground space fronting North First Avenue to the west and 6 stories of above-ground space fronting the lake to the east. The Project will be built to market-leading standards, with a Class A set of interior finishes.
The city of Sandpoint is a well-known, four-season tourist destination. The adjacent Lake Pend Oreille (Idaho’s largest lake) offers substantial water-based recreation, including fishing, boating, and 111 miles of shoreline. The Cabinet and Selkirk mountains provide ample hiking and horseback trails. The Schweitzer Mountain Ski Resort (13 miles from Downtown), meanwhile, attracts 250,000+ yearly visitors. Sandpoint also offers five city parks, three state parks, and two national forests, providing an abundance of outdoor recreation including hiking, camping, and cross-country skiing. The arts of Sandpoint have been alive since the Panida Theatre opened in the early 1900’s, and has produced talented artists such as photographer Ross Hall and musician Kristy Osmunson. Locals enjoy the talent of the area with a host of events like the Festival of Sandpoint, the Artists’ Studio Tour of North Idaho, and the Arts & Crafts Fair. There are also galleries aligning downtown’s corridor, theatrical performances at the famous Panida Theater, and arts programs through the Pend Oreille Arts Council.
Explore the opportunities of small town luxury living at One Bridge Street in downtown Sandpoint.