Three-Unit Storefront
13514 W Sunset Hwy, Airway Heights, WA 99001
For Sale
$1,395,900
Commercial Sale, Airway Heights, WA
Property Size7,200 SF
Lot Size0.22 Acres
Price / SF$193.88
Days on Market317
Property Features for 13514 W Sunset Hwy
General Information
Property type
Property subtype
Zoning
View
Elementary school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Real Estate Marketplace NW,Inc
Listed By:
Joe Penny · License WA #88165
(509) 276-5445
Added: Dec 29, 2025
Changed: Oct 24
Last Checked: Nov 10 at 7:06PM
MLS# 202527943
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property contains a 7,200-square-foot building constructed in 1972 and configured as three units. The site includes five original lots across two parcels on 13th Street behind the building, with a total land area of 0.2158 acres. Zoning is Com.
The property has frontage on Highway 2 and is close to a casino. Improvements completed in 2012 included the roof, three furnaces, and two air-conditioning units. Heating is natural gas and forced air, and the building has metal siding and a flat roof.
The property has frontage on Highway 2 and is close to a casino. Improvements completed in 2012 included the roof, three furnaces, and two air-conditioning units. Heating is natural gas and forced air, and the building has metal siding and a flat roof.
Key Highlights
- 7,200‑square‑foot building constructed in 1972
- Three units in the building
- Five original lots across two parcels on 13th Street behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,129
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,580
$1.6M
Cap Rate 7%
$1,130,414
$1.1M
Cap Rate 9%
$879,211
$879.2K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$118.4K $16.44/SF
− Vacancy
−$5.3K −$0.74/SF
EGI
$113.0K $15.70/SF
− OpEx
−$33.9K −$4.71/SF
NOI
$79.1K $10.99/SF
Area
Spokane County, WA
Vacancy
4.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,580
Cap Rate 7%
$1,130,414
Cap Rate 9%
$879,211
Alternative Uses
Best Use
Retail
$1.13M
$989.1K – $1.32M
NOI $79,129 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,460 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 99001, WA
8,859
Population
2,739
Households
3.2
Avg Household Size
34
Median Age
18%
College-Educated
91%
High-School Grad
8.0 sq mi
ZIP Area
1,107
Density / Sq Mi
$60,182
Median Household Income
$34,200
Median Earnings
$1,271
Median Rent
$281,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Spokane County, WA
Properties on Market for Storefront properties in Spokane County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Individual water meters serve the three-unit layout, with additional parcels behind the building.
Where is this storefront property located?
The property is located at 13514 W Sunset Hwy Airway Heights, WA.
What is the asking price?
The asking price for this property is $1,395,900.
What are key features of this property?
This property features: 7,200‑square‑foot building constructed in 1972; Three units in the building; Five original lots across two parcels on 13th Street behind the building
