Downtown Sign and Graphics
For Sale
$188,000
153 Wynne, Colville, WA 99114
Over 2,300 sq. ft. workshop with shop/garage space, storage, and multiple production capabilities for signage and graphics.
Property Size2,389 SF
Price / SF$78.69
Days on Market134
Property Features for 153 Wynne
General Information
Standard status
Active
Size
2,389 SF
Property subtype
Commercial
Zoning
C-3
Additional Details
Business Included
Yes
Amenities
Garage Spaces: 0
Building Details
Year Built
1975
Listing Agency:
RE/MAX Select Associates, Inc.
Listed By:
Michel Pitts · License #21029555
(509) 680-3365
Source:
Clearwaterproperties
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 2 at 10:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Select Associates, Inc.
Investment Insights
Based on property information with market context.
This for-sale business and building includes a dedicated workshop/garage area designed for sign and graphics production, with additional storage throughout the property. The space is supported by two bathrooms and a kitchenette, along with other shop and storage areas to accommodate day-to-day operations.
The property is located in downtown Colville at 153 N Wynne St and falls within the City of Colville C-3 zone. Public remarks describe capabilities including vinyl graphics, lettering and signage, banner creation, truck or fleet lettering, resident or jobsite signs, and sandblasting for windows, doors, or cabinets.
Buyer and buyer’s agent are advised to verify all information. Heating/cooling and roof details are listed as “see remarks,” with ceiling heat exchanger noted.
The property is located in downtown Colville at 153 N Wynne St and falls within the City of Colville C-3 zone. Public remarks describe capabilities including vinyl graphics, lettering and signage, banner creation, truck or fleet lettering, resident or jobsite signs, and sandblasting for windows, doors, or cabinets.
Buyer and buyer’s agent are advised to verify all information. Heating/cooling and roof details are listed as “see remarks,” with ceiling heat exchanger noted.
Key Highlights
- Over 2,300 sq ft workshop/building with shop/garage space, storage, and multiple production capabilities for signage and graphics.
- Interior includes 2 bathrooms, kitchenette, and shop/garage area with lots of storage.
- City of Colville C‑3 zone; downtown Colville business and building available.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,900
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,000
$278.0K
Cap Rate 7%
$198,571
$198.6K
Cap Rate 9%
$154,444
$154.4K
Market Conditions
NOI Build-Up for 2,389 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.2K $8.88/SF
− Vacancy
−$1.4K −$0.57/SF
EGI
$19.9K $8.31/SF
− OpEx
−$6.0K −$2.49/SF
NOI
$13.9K $5.82/SF
Area
Stevens County, WA
Vacancy
6.40%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,000
Cap Rate 7%
$198,571
Cap Rate 9%
$154,444
Alternative Uses
Best Use
Industrial
$198.6K
$173.8K – $231.7K
NOI $13,900 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$616.4K
$539.3K – $719.1K
NOI $43,145 @ 7.0% cap · market cap 22.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Explore this area
Business Placement
Demographics for 99114, WA
12,649
Population
6,154
Households
2.1
Avg Household Size
49
Median Age
23%
College-Educated
91%
High-School Grad
718.5 sq mi
ZIP Area
18
Density / Sq Mi
$61,891
Median Household Income
$45,164
Median Earnings
$916
Median Rent
$268,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Over 2,300 sq. ft. workshop with shop/garage space, storage, and multiple production capabilities for signage and graphics.
Where is this manufacturing property located?
The property is located at 153 Wynne Colville, WA.
What is the asking price?
The asking price for this property is $188,000.
What are key features of this property?
This property features: Over 2,300 sq ft workshop/building with shop/garage space, storage, and multiple production capabilities for signage and graphics.; Interior includes 2 bathrooms, kitchenette, and shop/garage area with lots of storage.; City of Colville C‑3 zone; downtown Colville business and building available.
