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$800,000

724 days
Commercial|Built 1996
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Great Industrial investment opportunity on 1st Street in Mead, right off of Market. Building square footage is 5,628, and includes distribution warehouse, automotive repair and garage storage space. The lot is just under an acre with plenty of parking and easy access. There are currently two tenants in the property with a wall separating the two businesses. They are on month-to-month leases and will be moving based on the needs of the buyer. Removing the wall allows for a terrific owner-occupied warehouse or distribution center. Warehouse ceiling heigh is 12 feet throughout, and there are three loading doors.

Sale Summary

Sold Price

$800,000

List Price

$800,000

Sale vs List

+0%

Close Date

Nov 15, 2024

Financing

Other

Buyer's Agent

Randy Wells

Property Details

Property Type

Commercial

Year Built

1996

County

Spokane

Lot Size

0.88 acres

Garage

4-car

Total Parking

7 spaces

Schools

Elementary: Mead

Days to Sell

51 days

MLS #

SAR202423398

Parcel #

36105.9113

Annual Taxes

$4,249

MLS Area

A341/116

MLS Class

Commercial

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road, Gravel

Lease Considered

No

Street Direction

E

MLS Status

Sold

Listed On

Sep 24, 2024

Went Pending

Oct 7, 2024

Status Changed

Nov 18, 2024

Last MLS Update

Nov 18, 2024

MLS Branch

178

School Information

Elementary

Mead

Home Features & Details

Construction

Vinyl Siding

Roof

FlatSee Remarks

Basement

LaundryWalk-Out AccessSlab

Heating

Natural GasForced AirRadiant Ceiling

Cooling

Central Air

Lot Features

LevelCorner LotOversized LotFencing

Other Structures

WorkshopSee Remarks

Listed By

Cate Moye

Windermere Valley

Estimated Monthly Payment

$4,333/mo

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

Property Highlights

Year Built1996
Lot Size0.88 acres
StatusClosed

Location

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