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1615 Spring Street, Cheney, WA 99004

BP-zoned parcel near Eastern Washington University with access to I-90 and the greater Spokane market.

Property Size21,566 SF
Price / SF$3.48
Days on Market56

Property Features for 1615 Spring Street

General Information

Standard status Active
Size 21,566 SF
Property subtype Office, Industrial, Self Storage
Zoning BP
Listing Agency: Engel & Volkers
Listed By: Barbara Huff · License #101668
Source: Crexi
Added: Aug 24 Changed: Oct 2 Last Checked: Oct 16 at 9:41AM

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 Engel & Volkers

Rey
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Investment Insights

Based on property information with market context.

This 0.50-acre commercial land parcel contains 21,566 square feet and carries BP zoning. The site is positioned for business park development, with potential applications identified in the source information including professional or medical offices, light manufacturing, and production uses.

The property is located near Eastern Washington University in Cheney, with access to I-90 and the greater Spokane market. Additional nearby parcels are available, offering the possibility of assembling multiple lots for a larger project. Zoning, utilities, development requirements, and intended use are subject to buyer verification with the appropriate agencies.

Key Highlights

  • 0.50‑acre commercial parcel with 21,566 square feet
  • BP zoning supports business park development
  • Near Eastern Washington University in Cheney

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Storage Facility Garden Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 99004, WA

23,064
Population
8,992
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
334.3 sq mi
ZIP Area
69
Density / Sq Mi
$62,014
Median Household Income
$29,835
Median Earnings
$1,081
Median Rent
$368,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - BP-zoned parcel near Eastern Washington University with access to I-90 and the greater Spokane market.
Where is this commercial land located?
The property is located at 1615 Spring Street Cheney, WA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 0.50‑acre commercial parcel with 21,566 square feet; BP zoning supports business park development; Near Eastern Washington University in Cheney
(509) 842-7582 Call to check price and availability
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