Description

A rare investment opportunity. It is a unique combination of completely renovated Apartment (6 bdr/3bth, approx.2700 sq.ft, rented by room with a great rental income that brings approx. 2.9% cap rate, its 36% of the entire building) and Commercial Storefront/Retail/Office below in a prime location, 3 blocks from EWU and downtown. The showroom on the main floor has an open floor plan, approx. 4800 sq. ft, loading dock, 12+parking stalls and street parking will make these properties highly desirable among the growing population of more than 12,000 EWU students and closeness to the EWU campus, rapidly growing West Plains with Amazon fulfillment center, Medical Lake, golf courses and lakes, Fairchild AFB. Great owner user or investment opportunity. Ask your agent to provide the flyer with more info.

Details

MLS#202110032
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1954
Days On Site15

Features

SQ Feet7,500
Story(s)2
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Area Information
StateWA
CountySpokane
CityCheney
Zip Code99004
AreaA420/097
Listing VS Median (in 99004)
Price:
$790,000
low | high
Med:
$265,000
100% of Average
SqFt:
7,500
low | high
Med:
1,351
100% of Average
$ / SqFt:
$105
low | high
Med:
$203
42.767501263526% of Average
On Site:
15
low | high
Med:
35
42.857142857143% of Average
Listing Updated: January 15, 2021 8:06:51 PM PST
Diana Stuart LogoMLS Number: 202110032
Listing Provided By:
Diana Stuart  of  M J McAdams Realty

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