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$2,300,000

2872 days
Commercial|Built 1955
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

This investment opportunity is an amazing opportunity you wont want to miss, with 2 buildings, Approximately 60,000 sq. ft. on 4.19 acre parcel, zoned heavy industrial. This opportunity is currently netting over a 8% cap rate. Building is 97% leased many with long term leases. 2 of the yard spaces are currently being leased, although, there is more yard space.

Sale Summary

Sold Price

$2,270,000

List Price

$2,300,000

Sale vs List

-1%

Close Date

Apr 23, 2019

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Commercial

Year Built

1955

County

Spokane

Lot Size

4.19 acres

Schools

Elementary: West Valley

Days to Sell

166 days

MLS #

SAR201910346

Parcel #

45183.9190

MLS Area

A110/072

MLS Class

Commercial

Listing Terms

Commercial

Road Frontage

Paved Road

Lease Considered

No

Street Direction

N

MLS Status

Sold

Listed On

Nov 7, 2018

Went Pending

Apr 19, 2019

Status Changed

Apr 24, 2019

Last MLS Update

Nov 21, 2024

MLS Branch

513

School Information

Elementary

West Valley

Home Features & Details

Construction

Steel Frame

Roof

Metal

Basement

None

Heating

Electric

Lot Features

Oversized LotFencing

Other Structures

Shed(s)

Listed By

Devin Nagel

Keller Williams Spokane - Main

Estimated Monthly Payment

$12,458/mo

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

Property Highlights

Year Built1955
Lot Size4.19 acres
StatusClosed

Location

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