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$250,000

Commercial|Built 1968
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

VERY AFFORDABLE MIXED USE COMMERCIAL. 2 PARCELS OVER 37,000 SF SITE. Existing improvements include 4 bldgs; 1,750 sf Tavern/Bar, 2,776 sf Warehouse/Shop w/yard, 1,176 sf Office, 336 sf Storage. Zoned I1, Light Industrial. Bar and warehouse tenants on month to month leases. Office is vacant. Current NOI= $21,000/yr. 8.4% Cap Rate (excluding potential office rent.)

Sale Summary

Sold Price

$235,000

List Price

$250,000

Sale vs List

-6%

Close Date

Jul 16, 2012

Financing

Other

Buyer's Agent

John Urquhart

Property Details

Property Type

Commercial

Year Built

1968

County

Spokane

Lot Size

0.86 acres

Schools

Elementary: West Valley

Days to Sell

135 days

MLS #

SAR201213544

Parcel #

35123.1904 &

MLS Area

A140/073

MLS Class

Commercial

Listing Terms

Cash, Commercial

Road Frontage

City Street, Paved Road

Lease Considered

No

Street Direction

E

MLS Status

Sold

Listed On

Mar 2, 2012

Went Pending

Jul 16, 2012

Status Changed

Jul 17, 2012

Last MLS Update

Nov 21, 2024

MLS Branch

676

School Information

Elementary

West Valley

Home Features & Details

Construction

Block

Roof

Flat

Basement

None

Heating

Natural GasForced Air

Listed By

Mary Hawkins

Top Gold Realty

Estimated Monthly Payment

$1,354/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1968
Lot Size0.86 acres
StatusClosed

Location

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