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    Cheney, WA

    Cheney, WA Commercial Real Estate for Sale

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    Spokane, WA Medical Lake, WA Spangle, WA Airway Heights, WA Valleyford, WA Edwall, WA Mica, WA Spokane Valley, WA
    18 properties
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    Former Honeywell Manufacturing Facility
    Updated: Mar 8, 2024
    Former Honeywell Manufacturing Facility

    1500 W 1st St, Cheney, WA 99004

    $7,500,000
    112,501 sqft 10.08 AC lot
    ±112,500 square foot manufacturing facility.
    Absolute net lease in place with Allpack, tenant responsible for all repairs and operating costs.
    Heavy power infrastructure suitable for manufacturing.
    New roof completed in 2017.
    Concrete walls and concrete roof trusses.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1500 W 1st St, Cheney, WA 99004

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $649K
      Annual

    • Mortgage

      $1.25M
      Feb 2020

    • Property Type

      Manufacturing (Light)
      Built 1982
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    Updated Multifamily Near Eastern Washington
    Updated: Feb 13
    Updated Multifamily Near Eastern Washington

    317 College Ave, Cheney, WA 99004

    $600,000
    5,284 sqft 0.23 AC lot
    14 official bedrooms: 12 upstairs and 2 on the main level, plus multiple bathrooms including a four‑stall shower setup
    Main level layout includes living room, open family room, dining area, and commercial‑style kitchen with a serving window
    Kitchen includes double oven, gas range, free‑standing range, dishwasher, microwave, refrigerator, disposal, and a large pantry
    Laundry room with washer and dryer; hot water and high‑speed internet available
    Heating includes forced air, hot water (heating), and natural gas; flat roof; block and stucco construction
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    770 Acres on Badger Lake
    770 Acres on Badger Lake

    Williams Lake Rd, Cheney, WA 99004

    $4,235,000
    770.00 AC lot

    Large acreage with lake frontage near Cheney, Washington.

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    Buildable Fenced Acreage with 50+ GPM Well
    Buildable Fenced Acreage with 50+ GPM Well

    NKA S Ritchey Rd, Cheney, WA 99004

    $499,000
    87.16 AC lot

    87+ acre fenced Spokane County property with productive well, power service, pasture, hay ground, and year-round pond.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Established Auto Body Shop ForSale
    Established Auto Body Shop ForSale

    2218 1st St, Cheney, WA 99004

    $1,350,000
    4,736 sqft 0.92 AC lot

    Profitable auto body shop with equipment, business, and property included.

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    Downtown Cheney Mixed-Use Property
    Downtown Cheney Mixed-Use Property

    625 B St, Cheney, WA 99004

    $1,275,000
    5,582 sqft

    Mixed-use property in downtown Cheney with long-term tenant.

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    Business Park Zoned Development Land
    Business Park Zoned Development Land

    1628 Willow St, Cheney, WA

    $100,000
    0.88 AC lot

    Level, Business Park (BP) zoned parcel suitable for a range of commercial development uses.

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    Prime Commercial Parcel on I-90
    Prime Commercial Parcel on I-90

    28616 W Boston Road, Cheney, WA

    $625,000
    7.20 AC lot

    7.2 acres with I-90 frontage, excellent visibility.

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    Vacant Office and Retail Space
    Vacant Office and Retail Space

    1705 2nd St, Cheney, WA 99004

    $750,000

    Office and retail space in prime location with high potential.

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    Two-Building Industrial Flex Property
    Two-Building Industrial Flex Property

    2416 Cheney Spokane Rd, Cheney, WA 99004

    Contact for pricing
    59,973 sqft

    Two industrial buildings with manufacturing space, shipping/receiving areas, and on-site HVAC; one unit includes vacant second-floor space.

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    Expansive Land Parcel in Cheney
    Expansive Land Parcel in Cheney

    0 S Andrus Road, Cheney, WA

    $400,000
    69.28 AC lot

    69.28 acre parcel near Four Lakes Interchange.

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    Commercial Land in Cheney Available
    Commercial Land in Cheney Available

    1529 W 1st St, Cheney, WA

    $700,000
    5.59 AC lot

    Commercial land suitable for RV/mini storage facility in Cheney.

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    Cheney Land Investment Opportunity
    Cheney Land Investment Opportunity

    240 Fred John Way, Cheney, WA

    $495,000
    6.28 AC lot

    Prime commercial land in Cheney, WA, ideal for development.

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    Cheney Development Land Parcels
    Cheney Development Land Parcels

    1595-1656 Spring St, Cheney, WA

    $500,000
    6.06 AC lot

    Multiple land parcels available for development in Cheney, Washington.

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    Cheney Development Land Parcels
    Cheney Development Land Parcels

    1566-1596 Spring St, Cheney, WA

    $799,000
    10.16 AC lot

    Multiple land parcels available for development in Cheney, Washington.

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    Medical Office Space Available
    Medical Office Space Available

    1727 1st St, Cheney, WA 99004

    Contact for pricing
    3,894 sqft

    3,894 SF medical office space with exam and X-ray rooms.

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    Turn Key Grow/Storage Facility
    Turn Key Grow/Storage Facility

    10117 S Spotted Rd, Cheney, WA

    $3,500,000
    25,000 sqft 2.09 AC lot

    25,000 SF facility suitable for grow operation or self-storage.

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    1.64 Acre Development Opportunity
    1.64 Acre Development Opportunity

    11212 Washington 904, Cheney, WA

    $125,000
    1.64 AC lot

    1.64 acre commercial land parcel with easy I-90 access.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Cheney, WA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Cheney, WA

    Consider similar Off-Market properties in Cheney, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    809 1st St
    RESTAURANT

    809 1st St, Cheney, WA 99004-1703

    Value Estimation by Request
    6,264 sqft 0.36 AC lot
    View details
    625 B St
    DENTAL BUILDING

    625 B St, Cheney, WA 99004-1768

    Value Estimation by Request
    3,940 sqft 0.36 AC lot
    View details
    4 1st St
    AUTO REPAIR, GARAGE

    4 1st St, Cheney, WA 99004-1480

    Value Estimation by Request
    1,800 sqft 0.12 AC lot
    View details
    1845 1st St
    DENTAL BUILDING

    1845 1st St, Cheney, WA 99004-1966

    Value Estimation by Request
    2,237 sqft 0.03 AC lot
    View details
    1855 1st St
    OFFICE BUILDING

    1855 1st St, Cheney, WA 99004-1966

    Value Estimation by Request
    3,588 sqft 0.12 AC lot
    View details
    1835 1st St
    OFFICE BUILDING

    1835 1st St, Cheney, WA 99004-1966

    $605,000
    Estimated value
    1,528 sqft 0.06 AC lot
    View details

    Cheney, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Cheney, WA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 153,103 square feet of properties for sale, with an estimated market value of $14,225,000.

    Sale prices for business properties in Cheney, WA start at $600,000, averaging $2,845,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.0%
    Median Household Income $62,014
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

    Identify Cheney submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99004 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.07 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cheney fall within the 2,500 to 5,000 square foot range.

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