No photos available
$265,000
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
Rare opportunity! The historic 1917 Brick Building is nestled in the charming downtown of Newport, WA, just 60 minutes from Spokane and 45 minutes to Sandpoint. Featuring a Long-Term Insurance Company and Real Estate Company as Tenants, this prime property offers stability and a strong foundation for your investment. Unleash your imagination and capitalize on the remaining space for additional income streams - the possibilities are endless! With the area experiencing new growth and a soon to open health center on the horizon, this building is strategically positioned for lucrative returns. The seller is open to carrying the financing on the building for the “right buyer”. Don't miss your chance to be part of the thriving community and unlock the full potential of this gem of a building! Act now and secure your future success.
Sale Summary
Sold Price
$250,000
List Price
$265,000
Sale vs List
-6%
Close Date
Dec 6, 2024
Financing
Other
Buyer's Agent
Yvonne Clark
Property Details
Property Type
Commercial
Year Built
1917
Subdivision
TAL 1ST
County
Pend Oreille
Lot Size
0.09 acres
Living Area
3,600 sqft
Price / Sqft
$74
Schools
Elementary: Newport, Middle: Sadie Halstead, High: Newport
Days to Sell
387 days
MLS #
SAR202324500
Parcel #
463119510133
Annual Taxes
$800
Total Building Area
3,600 sqft
MLS Area
A943/181
MLS Class
Commercial
Listing Terms
Conventional, Cash, Owner Financing
Road Frontage
City Street, Paved Road
Lease Considered
No
Street Direction
S
MLS Status
Sold
Listed On
Nov 14, 2023
Went Pending
Oct 28, 2024
Status Changed
Dec 6, 2024
Last MLS Update
Dec 7, 2024
MLS Branch
1266
School Information
Elementary
Newport
Middle School
Sadie Halstead
High School
Newport
Home Features & Details
Construction
Roof
Basement
Heating
Views
Lot Features
Listed By
Brian Monk
Heart and Homes NW Realty
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$1,435/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
Loading map...
Comparable Properties
Thinking of Selling?
Get Joey's Full-Service Marketing
Professional photography, targeted advertising, and expert negotiation for every Newport home — no matter the price point.