Cheney, WA Commercial Real Estate for Sale

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Business Park Commercial Land
Updated: Aug 21
Business Park Commercial Land

1635 Spring St, Cheney, WA 99004

$125,000
1.76 AC lot
1.76 acres of commercial land in Cheney
BP zoning supports office, medical, professional services, light industrial, and production uses
Mostly level site
Public water available
Public sewer
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Lakefront Agricultural Land
Updated: May 18
Lakefront Agricultural Land

Williams Lake Rd, Cheney, WA 99004

$4,235,000
770.00 AC lot
Approximately 770 acres with almost a mile of lakefront
Fenced acreage currently used for grazing
Bluff areas offer potential homesites overlooking Badger Lake
Seasonal ponds provide additional water features and wildlife habitat
Power runs along Williams Lake Rd and through the acreage
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Business Park Commercial Land
Business Park Commercial Land

1625 Spring St, Cheney, WA 99004

$90,000
0.88 AC lot

BP-zoned commercial land with public water and sewer available.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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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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Business Park Commercial Land
Business Park Commercial Land

240 Fred Johns Way, Cheney, WA 99004

$75,000
0.48 AC lot

BP-zoned parcel with public water and public sewer available for commercial development.

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Business Park Commercial Land
Business Park Commercial Land

1628 Willow St, Cheney, WA 99004

$90,000
0.88 AC lot

Fairly level development site with BP zoning and public water and sewer service.

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Business Park Development Land
Business Park Development Land

1638 Willow St, Cheney, WA 99004

$90,000
0.88 AC lot

Level BP-zoned parcel with public water and sewer available for commercial development.

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Light Industrial Flex Space
Light Industrial Flex Space

223 1st Street, Cheney, WA 99004

Contact for pricing
2,160 sqft 0.20 AC lot

Light Industrial zoning supports a range of commercial uses, subject to verification with the City of Cheney.

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Business Park Commercial Land
Business Park Commercial Land

1648 Willow St, Cheney, WA 99004

$90,000
0.88 AC lot

BP-zoned site with public water and sewer available.

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Business Park Commercial Land
Business Park Commercial Land

1615 Spring St, Cheney, WA 99004

$75,000
0.49 AC lot

BP-zoned commercial land with public water and sewer available.

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Business Park-Zoned Commercial Land
Business Park-Zoned Commercial Land

1638 Willow Street, Cheney, WA 99004

Contact for pricing
38,500 sqft

Vacant commercial acreage near Eastern Washington University with connectivity to I-90 and Spokane International Airport.

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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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Land, Cheney, WA
Land, Cheney, WA

W Washington St, Cheney, WA 99004

$275,000
14.43 AC lot

Agricultural land / Farmland · 14.43 Acres

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Business Park Commercial Land
Business Park Commercial Land

1615 Spring Street, Cheney, WA 99004

Contact for pricing
21,566 sqft

BP-zoned parcel near Eastern Washington University with access to I-90 and the greater Spokane market.

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Business Park Commercial Land
Business Park Commercial Land

1635 Spring St St, Cheney, WA 99004

$125,000

Mostly level development site with BP zoning and stated flexibility for office, medical, light industrial, and professional service uses.

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Business Park Commercial Land
Business Park Commercial Land

240 Fred Johns Way Way, Cheney, WA 99004

$75,000

Fairly level development site with BP zoning and access to a range of office, medical, manufacturing, and commercial applications.

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Automotive Business with Flexible Occupancy
Automotive Business with Flexible Occupancy

200 Betz Rd, Cheney, WA 99004

$699,999

Established automotive business offered with flexible occupancy and a month-to-month tenant paying below-market rent.

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Business Park Commercial Land
Business Park Commercial Land

1615 Spring St St, Cheney, WA 99004

$75,000

Fairly level BP-zoned site suited to office, medical, production, and other commercial applications.

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Industrial Land Development Site
Industrial Land Development Site

1648 Willow Street, Cheney, WA 99004

$90,000
38,563 sqft

BP-zoned parcel with a fairly level profile and access from a paved city street.

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Business Park Commercial Land
Business Park Commercial Land

1628 Willow St St, Cheney, WA 99004

$90,000

Level BP-zoned site near Eastern Washington University with convenient I-90 access.

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Land Parcel
Land Parcel

0000 S Murphy Rd, Cheney, WA 99004

$129,900
1,393,920 sqft

Land parcel identified by a Cheney address along S Murphy Rd.

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Business Park Commercial Land
Business Park Commercial Land

1648 Willow St St, Cheney, WA 99004

$90,000

Fairly level development site with Business Park zoning supporting office, medical, industrial, and other commercial applications.

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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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Land / Unimproved Land
Land / Unimproved Land

57-xx South Thomas Mallen Road, Cheney, WA 99004

$2,800,000
1,572,952 sqft

Industrial land · 1,572,952 SF

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Cheney, WA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Cheney, WA, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 3,610,017 square feet of properties for sale, with an estimated market value of $14,818,599.

Sale prices for business properties in Cheney, WA start at $75,000, averaging $644,286, and reaching up to $4,235,000 — 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
Cheney - 99004 $720.1K
Spokane - 99224 $2.8M

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Spokane County

Residential Income

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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