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$2,700,000

416 days
Commercial|Built 2019
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Incredible opportunity to acquire Aarrow Way Storage, a strategically located 6 plus acre self-storage and land investment in Airway Heights, WA — one of Spokane County’s fastest-growing submarkets. This rare offering features over 1,000 feet of frontage on Aarrow Way, Light Industrial zoning, and an established income stream from storage and outdoor parking with significant upside. The property boasts excellent accessibility, situated just off Highway 2 near Spokane International Airport, Fairchild AFB, and Amazon’s regional fulfillment center. With over 12,000 SF of improvements, 95% historical occupancy, and pro forma NOI exceeding $160,000, investors can capture stable income and explore future expansion or redevelopment options. Zoned LI and flanked by new residential and commercial growth, this site is ideal for RV storage, flex warehouse, or retail frontage development. Comparable assets are trading at much tighter cap rates — making this an attractive acquisition with value-add

Sale Summary

Sold Price

$2,300,000

List Price

$2,700,000

Sale vs List

-15%

Close Date

Dec 31, 2025

Financing

Cash

Buyer's Agent

Robert Sherwood

Property Details

Property Type

Commercial

Year Built

2019

County

Spokane

Lot Size

6.43 acres

Garage

4-car

Schools

Elementary: Great Northern

Days to Sell

153 days

MLS #

SAR202521486

Parcel #

15131.0023

Annual Taxes

$20,922

MLS Area

A430/093

MLS Class

Commercial

Listing Terms

Cash, Commercial

Road Frontage

City Street, Paved Road

Lease Considered

No

Street Direction

N

MLS Status

Sold

Listed On

Jul 30, 2025

Went Pending

Oct 1, 2025

Status Changed

Dec 31, 2025

Last MLS Update

Dec 31, 2025

MLS Branch

1242

School Information

Elementary

Great Northern

Home Features & Details

Construction

Steel Frame

Roof

Metal

Basement

None

Heating

See Remarks

Cooling

Other

Lot Features

Secluded

Listed By

Robert Sherwood

Amplify Real Estate Services

Estimated Monthly Payment

$14,625/mo

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

Property Highlights

Year Built2019
Lot Size6.43 acres
StatusClosed

Location

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