Listed By: Kristin Gibson Show Phone

Added: Feb 16 Changed: Apr 8

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Investment Insights

Based on property information with market context.

This commercial property in Clarkston, Washington, presents an investment opportunity with approved plans for a 44-unit apartment complex. The property has undergone city planning and zoning review for the proposed complex. Sewer and utilities have been approved by the city, pending finalization and permit completion, allowing a builder to commence construction. Architectural plans are available for transfer to the new buyer. The existing 4,911 square foot building offers alternative uses, such as a nursery or storage facility. The 2.97-acre lot is fenced and features multiple gates for access from both the north and south sides. Prospective buyers are advised to verify details with city officials.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

527

Businesses Nearby

Explore this area Business Placement

Demographics for 99403, WA

20,224

Population

9,192

Households

2.2

Avg Household Size

45

Median Age

24%

College-Educated

92%

High-School Grad

143.5 sq mi

ZIP Area

141

Density / Sq Mi

$67,424

Median Household Income

$38,536

Median Earnings

$994

Median Rent

$283,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Commercial Property

Where is this multifamily property located?

The property is located at 1246 Chestnut St Clarkston, WA.

What is the asking price?

The asking price for this property is $799,000.