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    2218 1St St Cheney, WA 99004

    Sponsored
    For Sale
    $2,500,000

    Established Business, Real Estate Included

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turn-key opportunity presents a well-established auto body shop in Cheney, WA, ideally situated on a 0.92-acre lot. The 4736 square foot building houses a thriving, family-owned business boasting over 35 years of success in the community. The sale includes all equipment, the business itself, and the real estate, offering a comprehensive package for the new owner. Grossing over $1,000,000 in sales, this full-service operation is known for its meticulous cleanliness, organization, and high-quality service. Located on a major thoroughfare, the business benefits from excellent visibility and accessibility, serving the rapidly growing Spokane area and surrounding suburbs. The current owners are planning retirement, presenting a unique chance to acquire a profitable and reputable enterprise. The asking price of $2,500,000 includes all aspects of the business and property. Owner financing and lease options are available, providing flexibility for potential buyers. This is a rare opportunity to own a successful, established business with significant growth potential. Don't miss this chance to acquire a well-respected and profitable asset in a prime location.

    Property Features for 2218 1St St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    40,075 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.5655
    Latitude
    47.50064

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Real Estate Included
    Where is this commercial real estate located?
    The property is located at 2218 1St St Cheney, WA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (208) 664-5081
    Request Owner's contact information
    2218 1St St Cheney, WA 99004
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    Cheney, WA 99004
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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
    2218 1St St Cheney, WA 99004
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