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    508 3Rd Ave Moses Lake, WA 98837

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    For Sale
    $1,750,000

    Multi-tenant property in the heart of Moses Lake.

    Property size:
    8,162 SF

    Property Features for 508 3Rd Ave

    General Information

    Standard status
    Active
    Size
    8,162 SF

    Building Details

    Year built
    1960

    Source: WINDERMERE K-2 REALTY, LLC Agent BRANDON DOUGLASS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Property in Moses Lake

    This multi-tenant property is located in the heart of Moses Lake, situated off the busiest road in town. It is zoned C1A-Transitional Commercial, which allows for a variety of uses including retail stores, community centers, indoor entertainment venues, restaurants, rental stores, offices, day care facilities, and government buildings. The property features several parking spaces and a fenced lot, offering various opportunities in the downtown Moses Lake area. The property size is 8,162 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Moses Lake
    County
    Grant
    State
    Washington
    Longitude
    -119.2729137
    Latitude
    47.1330446

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    FAQs

    What type of property is this?
    Retail property - Multi-tenant property in the heart of Moses Lake.
    Where is this retail property located?
    The property is located at 508 3Rd Ave Moses Lake, WA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Moses Lake, off the busiest road.; - Versatile C1A-Transitional Commercial zoning allows for a wide range of uses.; - Multi-tenant property offering diverse income potential.
    Request Owner's contact information
    508 3Rd Ave Moses Lake, WA 98837
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    Moses Lake, WA 98837
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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
    508 3Rd Ave Moses Lake, WA 98837
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