321 1st St - Storefront Retail/Residential FOR SALE


Cheney, WA 99004
$1,600,000 USD
509-321-2000
321 1st St, Cheney, WA for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | 6.51% Cap Rate

321 1st St
Cheney, WA 99004


HIGHLIGHTS

  • Top Floor: 4 Apartment Units (3 2bed/1bath units and 1 studio)
  • Main Floor: 2 Street Level Retail Suites
  • Bottom Floor: 5 Private Offices and 1 Retail Suite
  • Building remodeled in 2013

OVERVIEW

Mixed Use Building for Sale in Cheney, WA. Conveniently located in the heart of Downtown Cheney. 3 blocks away from Eastern Washington University. 20 minutes from Downtown Spokane and 20 minutes from the Spokane International Airport. Seller is open to owner financing

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Commercial, Spokane

APN/PARCEL ID

13132.3004

ASK ABOUT THIS PROPERTY

Jordan Lester, CCIM, MBASVN | CornerstoneMore Info
509-321-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jordan Lester, CCIM, MBASVN | CornerstoneMore Info
509-321-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.