Mixed-Use Building with Upstairs
New
For Sale
$250,000
16 Crawford, Deer Park, WA 99006
Ground-floor office space is paired with two bedrooms above and a bathroom on the lower level.
Property Size1,800 SF
Price / SF$138.89
Days on Market1
Property Features for 16 Crawford
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Property Use
Office
Amenities
Garage Spaces: 0
Building Details
Year Built
1895
Buildings
1
Listing Agency:
Ericks Realty
Listed By:
Jeff Hickethier · License #25024
(509) 714-0671
Source:
Clearwaterproperties
Added: Oct 30
Last Checked: Oct 30 at 2:19PM
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 Ericks Realty
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Investment Insights
Based on property information with market context.
Built in 1895, this mixed-use building has office space on the ground floor, two bedrooms upstairs, and a bathroom downstairs. A basement contains a gas furnace and gas water heater. The property has served as an attorney’s office since 1974.
The building is in Deer Park on Crawford, across the street from NAPA. An easement provides access out the back.
The building is in Deer Park on Crawford, across the street from NAPA. An easement provides access out the back.
Key Highlights
- Two upstairs bedrooms and a downstairs bathroom
- Ground‑floor office space; used as an attorney’s office since 1974
- Basement includes a gas furnace and gas water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,225
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,500
$364.5K
Cap Rate 7%
$260,357
$260.4K
Cap Rate 9%
$202,500
$202.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$32.4K $18.00/SF
− Vacancy
−$3.2K −$1.80/SF
EGI
$29.2K $16.20/SF
− OpEx
−$10.9K −$6.07/SF
NOI
$18.2K $10.13/SF
Area
Spokane County, WA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,500
Cap Rate 7%
$260,357
Cap Rate 9%
$202,500
Alternative Uses
Best Use
Mixed Use
$260.4K
$227.8K – $303.8K
NOI $18,225 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.9K
$363.9K – $485.3K
NOI $29,115 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 99006, WA
13,711
Population
5,287
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
94%
High-School Grad
164.1 sq mi
ZIP Area
84
Density / Sq Mi
$65,375
Median Household Income
$41,198
Median Earnings
$970
Median Rent
$366,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor office space is paired with two bedrooms above and a bathroom on the lower level.
Where is this mixed-use property located?
The property is located at 16 Crawford Deer Park, WA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two upstairs bedrooms and a downstairs bathroom; Ground‑floor office space; used as an attorney’s office since 1974; Basement includes a gas furnace and gas water heater
