Cheney Automotive Business
200 Betz Rd, Cheney, WA 99004
Established automotive business with flexible occupancy and strong performance.
Type:Retail
Property size:
4,148 SFLot size:
0.59 AcresPrice / SF:
$204/SF- Added:
- Mar 6, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 5 at 11:15 pm
Property Features for 200 Betz Rd
General Information
- Standard status
- Active
- Size
- 4,148 SF
- Lot size
- 0.59 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agent Eric Weaver (360) 631-1526
Listing office (360) 631-1526
Listing date Mar 6, 2026
Source Naiglobal
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 Eric Weaver
HighLights
- Well‑located property in Cheney, WA, minutes from Eastern Washington University and the Spokane Metro, offering strong visibility and accessibility.
- Flexible occupancy structure suitable for both owner/operators and passive investors.
- Opportunity for value‑add, repositioning, or long‑term hold.
- Includes 6 drive‑through bays with overhead doors (4 at 12’ high, 2 at 14’ high).
- Zoning: Cheney C‑2: General Commercial.
- Building features include a shop, floor drains, waste oil heater, and 400 AMP electrical.
Overview
This property offers the opportunity to acquire an established automotive business suitable for owner-operators and passive investors due to its flexible occupancy structure and strong operating performance. The property is located on Betz Rd, west of 1st St, in Cheney, Washington, providing convenient access to highway corridors and local arterial routes. Its location is near Eastern Washington University and the Spokane Metro area. The site benefits from strong visibility and accessibility within a growing submarket. The property has potential for value-add, repositioning, or long-term hold strategies. The parcel size is approximately 25,947 square feet and is zoned Cheney C-2: General Commercial. The building includes approximately 3,348 square feet on the main floor and an additional approximately 800 square feet on the mezzanine level, which has a 200 lb./ft load capacity. It features 3 driveways and 6 drive-through bays with overhead doors, including 4 doors at 12 feet high and 2 doors at 14 feet high. The building is equipped with a shop, floor drains, a waste oil heater, and a 400 AMP electrical system.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$506.5K
NOI $45,587 @ 9.00% cap · cautious / downside scenario
Moderate
$651.2K
NOI $45,587 @ 7.00% cap · market / base-case scenario
Aggressive
$911.7K
NOI $45,587 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.2k | $16.44 |
| − Vacancy | −$3.1k | −$0.74 |
| EGI | $65.1k | $15.70 |
| − OpEx | −$19.5k | −$4.71 |
| NOI | $45.6k | $10.99 |
4,148 SF · lease $16.44/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$651.2K
$569.8K – $759.8K
NOI $45,587 @ 7.0% cap · market cap 5.36%
Second Best
Industrial
$341.6K
$298.9K – $398.5K
NOI $23,911 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$958.5K
$838.7K – $1.12M
NOI $67,094 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Pacific Auto Sales & Service — 200 Betz Rd, Cheney, WA 99004
Location Insight
- Map
- Local Demand
- City
- Cheney
- County
- Spokane
- State
- Washington
- Longitude
- -117.5683311
- Latitude
- 47.5070442
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Established automotive business with flexible occupancy and strong performance.
Where is this auto shop located?
The property is located at 200 Betz Rd Cheney, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Well‑located property in Cheney, WA, minutes from Eastern Washington University and the Spokane Metro, offering strong visibility and accessibility.; Flexible occupancy structure suitable for both owner/operators and passive investors.; Opportunity for value‑add, repositioning, or long‑term hold.
