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    2005 Lewis St Pasco, WA 99301

    For Sale
    Contact for pricing

    High-traffic corner lot, versatile space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional retail property, situated at 2005 W Lewis St in Pasco, WA, presents a unique investment opportunity. Boasting a prominent corner location at the intersection of Lewis Street and 20th Avenue, this property benefits from high daily traffic counts exceeding 13,000 vehicles. The 1.16-acre lot offers significant visibility and accessibility, making it ideal for a variety of retail uses. The building itself comprises approximately 5,900 square feet of office space, 2,400 square feet of shop space, and 448 square feet of storage, totaling over 8,700 square feet. The open floor plan allows for flexible layouts to accommodate diverse business needs. A substantial and secure lay-down yard is located behind the building, providing ample additional space for storage or operations. Previously occupied by a retail tenant, this property is ready for immediate occupancy, with availability commencing March 1st, 2025. The asking price is $8502, translating to an attractive price per square foot of $11.66. The property's proximity to Highway 395 ensures convenient access for customers and employees. The building can be subdivided into separate suites, offering further flexibility for potential tenants. Detailed plans and options for splitting the space are available upon request.

    Property Features for 2005 Lewis St

    General Information

    Property type
    Retail properties
    Lot Size
    50,530 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Panchos Heating & Cooling ... Hvac Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.1186
    Latitude
    46.23019

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, versatile space.
    Where is this retail property located?
    The property is located at 2005 Lewis St Pasco, WA.
    What is the asking price?
    The asking price for this property is $8,502.
    (509) 735-0415
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    2005 Lewis St Pasco, WA 99301
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    Pasco, WA 99301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Lewis St Pasco, WA 99301
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