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    Warehouse and Mini Storage Facility Title is generated by Realmo AI

    35007 N Newport Hwy, Chattaroy, WA 99003

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    Warehouse and mini storage facility with highway access and visibility.

    Type:Industrial
    Property size:
    4,320 SF
    Lot size:
    1.06 Acres
    Price / SF:
    $127/SF
    Added:
    Jan 29, 2026
    Days on Market:
    149
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 35007 N Newport Hwy

    General Information

    Standard status
    Active
    Size
    4,320 SF
    Lot size
    1.06 Acres
    Property subtype
    Industrial

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    Darren Slackman

    Listing office NAI Black - Spokane

    Listing date Jan 29, 2026

    Source Crexi

    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 NAI Black - Spokane

    HighLights

    • Great visibility & easy access to Hwy 2
    • New (2023) mini storage units: 12 units (10’ x 20’)
    • Large lot size: 46,174 sf
    • Metal shop: 50’ x 40’ with two overhead doors
    • Total sf available: 4,320 sf (warehouse & mini storage)
    • Owner’s clubhouse included

    Overview

    This property features a total of 4,320 square feet of available space, situated on a 46,174 square foot lot. The property includes a 1,920 square foot warehouse and 2,400 square feet of mini storage space. Constructed in 1981, the warehouse is complemented by 12 storage units, each measuring 10 feet by 20 feet, which were built in 2023. A 50 foot by 40 foot metal shop is also located on the premises, equipped with two overhead doors, one measuring 12 feet by 10 feet and the other 10 feet by 10 feet. The site includes a bathroom and an owner’s clubhouse. The property benefits from high visibility and convenient access to Highway 2.

    Local Financial Insights For Self Storage

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $57.0k $13.20
    − Vacancy −$2.9k −$0.66
    EGI $54.2k $12.54
    − OpEx −$16.3k −$3.76
    NOI $37.9k $8.78
    4,320 SF · lease $13.20/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Self Storage
    $541.7K
    $474.0K – $632.0K (±1% cap)
    NOI $37,921 @ 7.0% cap · market cap 6.91%
    Second Best
    Warehouse
    $432.0K
    $378.0K – $504.0K (±1% cap)
    NOI $30,239 @ 7.0% cap · market cap 5.51%
    Theoretical Best
    Office A
    $998.2K
    $873.5K – $1.16M (±1% cap)
    NOI $69,876 @ 7.0% cap · market cap 12.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattaroy
    County
    Spokane
    State
    Washington
    Longitude
    -117.3501226
    Latitude
    47.9739449

    FAQs

    What type of property is this?
    Self storage facility - Warehouse and mini storage facility with highway access and visibility.
    Where is this self storage facility located?
    The property is located at 35007 N Newport Hwy Chattaroy, WA.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Great visibility & easy access to Hwy 2; New (2023) mini storage units: 12 units (10’ x 20’); Large lot size: 46,174 sf
    (509) 623-1000 Call to check price and availability
    More about this property
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