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Main Street Storefront Property

108 E MAIN Ave Chewelah, WA 99109

108 E MAIN Ave, Chewelah, WA, 99109
$699,900
For Sale
$699,900

COMMERCIAL - CHEWELAH, WA

Property Size2,400 SF
Lot Size0.10 Acres
Price / SF$291.63
Days on Market127

Property Features for 108 E MAIN Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0203800
Size
2,400 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CHEWELAH CHAWELAH LOT 4 BLK D
Listing Agency RE/MAX SELECT ASSOCIATES
327 S MAIN, WA
Listed by Bardwell Real Estate Team · License #23029623
Added: Mar 16 Updated: Jun 18 at 1:17 am Checked: Jul 20 at 5:06 pm
MLS# 44999

Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale commercial storefront property is configured to support a retail-focused business, with approximately 2,400 square feet of space situated on a 0.1-acre lot. The offering is presented as a storefront-style commercial building, suited for owners and tenants seeking a straightforward, low-to-moderate footprint location.

The property is located at 108 E Main Ave in Chewelah, Washington, in Stevens County. As a Main Ave frontage asset, it benefits from direct presence on a primary commercial corridor within the city.

With its compact size and storefront orientation, the space can be a practical fit for a range of retail or service concepts that require customer-facing access. The property may also appeal to investors or owner-operators looking for a manageable commercial asset in a small-town market. Interested parties should review the existing improvements and intended operating requirements directly, as specific interior layout, condition details, and tenant-readiness features were not provided in the listing information.

Key Highlights

  • Income‑producing property with strong revenue generation.
  • Fully renovated building featuring two office spaces and a furnished apartment.
  • Recent upgrades include new electrical panels, insulated roof, and energy‑efficient mini splits.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.9k $16.20
− Vacancy −$3.3k −$1.38
EGI $35.6k $14.82
− OpEx −$10.7k −$4.45
NOI $24.9k $10.38
2,400 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$355.8K
$311.3K – $415.1K (±1% cap)
NOI $24,903 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$619.2K
$541.8K – $722.4K (±1% cap)
NOI $43,344 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

3'S Co Hair ... Hair Salon Mi Casita Restaurant Chewelah Painting Painting Service

Suggested Use

Building Supply Parking Lot & Garage Real Estate Agency Law Firm Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom Grocery & Convenience Store Bakery Carpet & Flooring Store

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

Similar Off Market Nearby

  • Debbie’s Flower Barn — 801 E Main Ave, Chewelah, WA 99109

FAQs

What type of property is this?
Storefront property - For-sale retail storefront on E Main Ave in Chewelah, offering a compact commercial footprint for flexible uses.
Where is this storefront property located?
The property is located at 108 E MAIN Ave Chewelah, WA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Income‑producing property with strong revenue generation.; Fully renovated building featuring two office spaces and a furnished apartment.; Recent upgrades include new electrical panels, insulated roof, and energy‑efficient mini splits.
Contact an agent
More about this property
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