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$399,000

8,490 sqft
1092 days
Commercial|Built 1962
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Great Investment Opportunity! Commercial Building w/3 Commercial Bays, individual office & bathrooms, 5592 sq ft, phase 3. Potential commercial rental income of $4,500. Also included Two-1bed/1bath residential units (one is being used as an Airbnb), potential income $1,500+. 4 large storage units could bring in an additional $600 per month. Total Potential Income $6,600 a month. Approx. 26 parking spaces. Centrally located right off Main St on corner lot. Recent paint and landscape make this property an enticing prospect for anyone looking to invest or build their own business. Yes, the 10K lb. Certified Lift, both Dual Stage Air Compressor & Tire Machines Included. Call for Cap Rate or additional information

Sale Summary

Sold Price

$380,000

List Price

$399,000

Sale vs List

-5%

Close Date

Feb 22, 2024

Financing

Other

Buyer's Agent

Brandon Palmer

Property Details

Property Type

Commercial

Year Built

1962

Subdivision

Chewelah

County

Stevens

Lot Size

0.31 acres

Living Area

8,490 sqft

Price / Sqft

$47

Schools

Elementary: Chewelah

Days to Sell

152 days

MLS #

SAR202322304

Parcel #

0205100

Annual Taxes

$1,979

Total Building Area

8,490 sqft

MLS Area

A933/174

MLS Class

Commercial

Listing Terms

Conventional, Cash, Owner Financing

Road Frontage

City Street, Paved Road

Lease Considered

No

Street Direction

E

MLS Status

Sold

Listed On

Sep 22, 2023

Went Pending

Jan 15, 2024

Status Changed

Mar 4, 2024

Last MLS Update

Mar 4, 2024

MLS Branch

26

School Information

Elementary

Chewelah

Home Features & Details

Construction

BlockSteel Frame

Roof

Metal

Basement

Slab

Heating

Natural GasElectric

Views

Territorial

Lot Features

Corner Lot

Other Structures

Workshop

Listed By

Dana Woodard

Real Estate Marketplace NW,Inc.

Estimated Monthly Payment

$2,161/mo

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

Property Highlights

Year Built1962
Square Footage8,490 sqft
Lot Size0.31 acres
Price / Sqft$47
StatusClosed

Location

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