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    405 W Main St Coulee City, WA

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    For Sale
    $165,000

    Iconic building in a lakeside vacation destination, great investment.

    Property size:
    5,016 SF
    Lot size:
    0.07 Acres

    Property Features for 405 W Main St

    General Information

    Size
    5,016 SF
    Lot size
    0.07 Acres

    Source: Coldwell Banker Danforth Agent Heidi Bright

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

    Overview

    Remodeled Retail Building on Main

    This remodeled building, originally constructed in 1985, is located on Main Street in a lakeside vacation destination. The property has been under local ownership for 48 years and has served the Coulee Community for over 100 years, previously functioning as a movie theatre, bakery/deli, grocery store, retail space, and library. The building includes a fitness center on the upper level, with equipment included. The fitness center previously earned upwards of $1500 per month, but the owner reduced operations due to retirement, with current rent at $300 per month. The roof is 13 years old. The property offers 5016 square feet of space. The building presents an opportunity to invest in small-town America.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Storage Facility Discount Store Auto Parts Store Grocery Store Bar & Pub Garden Center Kitchen & Bath Food Market Plumbing Service Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Coulee City
    County
    Grant
    State
    Washington
    Longitude
    -119.2922499
    Latitude
    47.6112561

    FAQs

    What type of property is this?
    Retail space - Iconic building in a lakeside vacation destination, great investment.
    Where is this retail space located?
    The property is located at 405 W Main St Coulee City, WA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Strategic Main Street location in a popular lakeside vacation destination (Banks Lake).; - Established fitness center with equipment included, offering income potential.; - Fully remodeled building with a 13-year-old roof.
    (425) 417-4716
    Request Owner's contact information
    405 W Main St Coulee City, WA
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    Coulee City, WA
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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
    405 W Main St Coulee City, WA
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