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    625 B St Cheney, WA 99004

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    For Sale
    $1,275,000

    Established mixed-use property in downtown Cheney, Washington.

    Property size:
    5,582 SF
    Lot size:
    0.48 Acres

    Property Features for 625 B St

    General Information

    Size
    5,582 SF
    Lot size
    0.48 Acres

    Source: Marcus & Millichap, Inc. Agent Clayton Brown

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

    Overview

    Downtown Cheney Mixed-Use Property

    This mixed-use property is located in downtown Cheney, Washington, at the intersection of Elm Street, 7th Street, and B Street. The location provides high visibility and convenient access to residential neighborhoods and the Eastern Washington University campus. The 5,582-square-foot professional office building is leased to two service-oriented tenants. GPS Dental anchors the property with a long-term lease extending over 11 years. GPS Dental is a national DSO with over 110 practices across the country, offering a range of services. The practice is led by two experienced dentists and maintains a patient base supported by community engagement. This property offers an opportunity for investors seeking cash flow with long-term growth in a growing university town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Purina, Blackhawk Veterinary Hospital, Blair C Woodger DVM, Dr. Eric Wert

    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.5775687
    Latitude
    47.492575

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    FAQs

    What type of property is this?
    Medical office - Established mixed-use property in downtown Cheney, Washington.
    Where is this medical office located?
    The property is located at 625 B St Cheney, WA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Anchored by GPS Dental, a national DSO with a long-term lease extending over 11 years, providing stable and reliable cash flow.; - High-visibility location in the core of downtown Cheney, at the intersection of Elm Street, 7th Street, and B Street.; - Mixed-use property offering diversification and potential for future development.
    (206) 826-5700
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    625 B 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
    625 B St Cheney, WA 99004
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