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    Fitness Center Property Title is generated by Realmo AI

    130 S MAIN St, Colville, WA 99114

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    For Sale
    $215,000

    COMMERCIAL - COLVILLE, WA

    Property size:
    2,078 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $103/SF
    Added:
    May 23, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 4 at 3:06 am

    Property Features for 130 S MAIN St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0011500
    Size
    2,078 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    COLVILLE ORIGINAL TAX #4 LOT 16 BLK 12 TAX #4: LOT 16 BLOCK 12 COLVILLE ORIGINAL:BEGINNING AT THE NE CORNER OF LOT 16, B

    Building Details

    Year built
    1948

    We can help!

    Listing Contact
    Rachelle Latapie
    Rachelle Latapie

    Listing agent Rachelle Latapie License #26006136

    Listing office Ken Barcus Realty 455 S. Oak St., Colville, WA

    Listing date May 23, 2026

    MLS# 45766

    Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1948.

    Overview

    This for-sale fitness center property is a compact commercial building offered with approximately 2,078 square feet of space, sitting on a 0.06-acre lot. The offering is categorized for fitness centers and gyms, as well as sports and entertainment uses, aligning it with operators looking for a focused footprint rather than a larger multi-tenant site.

    Located at 130 S Main St in Colville, Washington, the property is positioned within Stevens County’s downtown area. As a Main Street address, it provides an identifiable commercial presence for customers and members traveling through the Colville business core.

    The building’s size and use classification make it a practical fit for a local gym, training studio, or other fitness- and sports-related operator seeking a dedicated facility. It may also be of interest to buyers looking to acquire a specialized commercial property in a small-town market, where a compact location can support service-oriented businesses. Interested parties should confirm suitability for their specific intended use with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pine BJJ Training Center Buy Me Again Department Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Cor 620 — 385 W 2nd Ave, Colville, WA 99114
    • Mountain Path Yoga — 818 E Columbia Ave, Colville, WA 99114
    • Arena Fitness — 170 S Main St, Colville, WA 99114
    • Michael F. Dart, MS — 217 E 2nd Ave, Colville, WA 99114
    • Copper Bowl — 750 S Main St, Colville, WA 99114

    Location Insight

    • Map
    • Local Demand
    City
    Colville
    County
    Stevens
    State
    Washington
    Longitude
    -117.906106
    Latitude
    48.544018

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    FAQs

    What type of property is this?
    Fitness center & gym - For-sale fitness center property in Colville, Washington, totaling 2,078 square feet on a small downtown lot.
    Where is this fitness center & gym located?
    The property is located at 130 S MAIN St Colville, WA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Built in 1948.
    (509) 869-2290
    We can help!
    Listing Contact
    Rachelle Latapie
    Rachelle Latapie
    Real Estate License ID: 26006136
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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