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    1105 Basin St Ephrata, WA 98823

    Sponsored
    For Sale
    $395,000

    Multi-use building with retail, warehouse, & apartment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This Ephrata, WA commercial property at 1105 Basin Street SW offers a unique investment opportunity. The building features two commercial spaces on the main floor and a 1000 square foot, two-bedroom, one-bathroom apartment on the upper level. Suite A (North), a 1584 square foot retail space with an additional 336 square feet of warehouse space, is currently leased. This suite boasts central air and heat, and received new flooring and paint in December 2021. Suite B (South), formerly a restaurant, is vacant and offers 754 square feet of restaurant space and 1326 square feet of warehouse space. The only remaining equipment is a hood with fire suppression. A new split duct system was installed in September 2019. The upper-level apartment has been vacant for over ten years and requires some renovation. Extensive exterior improvements were completed in July 2019, including new commercial and apartment windows, new siding and roofing material, concrete block/mortar repair, and exterior paint. Further enhancing the property's value, a new 60-mil TPO roof was installed in August 2024. This multi-use building presents a compelling opportunity for investors seeking a blend of income-generating retail space and potential for future development of the vacant restaurant and apartment spaces. The property sits on a 0-acre lot and is priced at $395,000.

    Property Features for 1105 Basin St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Shred Nations Shredding Service The Cardman Ephrata Trading Card Store Pupuseria La Central Salvadoran Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ephrata
    County
    Grant
    State
    Washington
    Longitude
    -119.5593
    Latitude
    47.31065

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-use building with retail, warehouse, & apartment.
    Where is this commercial real estate located?
    The property is located at 1105 Basin St Ephrata, WA.
    What is the asking price?
    The asking price for this property is $395,000.
    (509) 754-3511
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    1105 Basin St Ephrata, WA 98823
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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
    1105 Basin St Ephrata, WA 98823
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