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    301 Main St Almira, WA 99103

    For Sale
    $109,000

    Charming Brick Building, Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This remarkable early 1900s brick building, located at 301 W Main Street in Almira, Washington, presents a unique investment opportunity. Previously serving as a bank and later a preschool, this two-story structure boasts significant historical character and charm. The property includes a spacious basement, adding considerable potential square footage. Its solid construction provides a strong foundation for adaptive reuse, making it ideal for various projects. Envision the possibilities: a boutique retail space, stylish lofts, or a mixed-use development. The building is ripe for renovation, offering a chance to add significant value through sweat equity. While requiring some tender loving care, this property offers a substantial return on investment for those with vision and a passion for restoration. The building's historical significance and prime location in Almira, WA, combine to create a truly exceptional opportunity to own a piece of local history and shape its future. This is a rare chance to acquire a substantial property at an attractive price point of $109,000. Don't miss this chance to transform this classic building into something truly special. The lot size is zero acres. The property is classified as General Commercial.

    Property Features for 301 Main St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Parts Store Food Market Grocery Store Discount Store Cafe & Coffee Shop Travel Agency Pet Supply Store Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Almira
    County
    Lincoln
    State
    Washington
    Longitude
    -118.9411
    Latitude
    47.71067

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    FAQs

    What type of property is this?
    Commercial real estate - Charming Brick Building, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 301 Main St Almira, WA.
    What is the asking price?
    The asking price for this property is $109,000.
    (208) 651-7875
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    301 Main St Almira, WA 99103
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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
    301 Main St Almira, WA 99103
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