Listing Agency: SVN | Retter & Company

Listed By: Aaron Rowe · License #WA Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 23 Last Checked: Aug 30 at 8:58PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines retail space with upstairs apartment living. The retail area includes a current long-term tenant. Upstairs, there are five 1-bedroom, 1-bath apartments, with coin-op laundry on site. Four of the five units are currently rented, and three of the apartments have been remodeled, including the main hallway.

A storage building/shop measuring 1,200 square feet is included and connects to the retail space. The roof was replaced in 2016 with a 60-mil TPO membrane.

For additional details on the apartments, tenancy, and the storage/shop connection, contact the listing agent.

Key Highlights

• Total 3,000 SF downtown retail space leased to a long‑term tenant (The Small Mall)
• Upstairs includes 5 one‑bedroom, one‑bath apartments (3,000 SF) with a coin‑op laundry facility
• 4 of the 5 apartments are currently rented, with some long‑term tenants

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods Butcher Dental Office

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

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

Explore this area Business Placement

Demographics for 99326, WA

6,277

Population

1,413

Households

4.4

Avg Household Size

35

Median Age

9%

College-Educated

75%

High-School Grad

242.5 sq mi

ZIP Area

26

Density / Sq Mi

$71,548

Median Household Income

$35,635

Median Earnings

$1,033

Median Rent

$262,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Includes retail space and five 1-bedroom units with coin-op laundry, plus a connected storage/shop building.

Where is this retail space located?

The property is located at 234 N Columbia Ave Connell, WA.

What are key features of this property?

This property features: Total 3,000 SF downtown retail space leased to a long‑term tenant (The Small Mall); Upstairs includes 5 one‑bedroom, one‑bath apartments (3,000 SF) with a coin‑op laundry facility; 4 of the 5 apartments are currently rented, with some long‑term tenants