Listing Agency: Coldwell Banker Danforth h***@yahoo.com Show Phone

Listed By: Heidi Bright Show Phone

Source: Exprealty

Added: Jul 18, 2025 Changed: Aug 8 Last Checked: Jul 16 at 11:27PM

Report an Issue

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 Coldwell Banker Danforth

Investment Insights

Based on property information with market context.

This iconic building, fully remodeled in 1985, presents a rare opportunity to invest in small-town America. Strategically located on Main Street in the heart of a lakeside town, a popular vacation destination at Banks Lake, the building has been locally owned for 48 years. The building has celebrated over 100 years of life, previously serving as a movie theatre, bakery/deli, grocery, retail space, and library. The fitness center upstairs, which includes equipment, previously earned upwards of $1500 per month, but the owner reduced operations due to retirement, with current rent at $300 per month. The roof is described as 123 years new. The property benefits from the low electricity costs in Grant County, which are among the least expensive in the State of Washington. This property is located in Coulee City, WA.

Key Highlights

• Prime Main Street location in a popular lakeside vacation destination (Banks Lake).
• Income‑generating fitness center upstairs with equipment included.
• Fully remodeled building with a rich 100+ year history and local significance.

Property Analytics

Property Profile

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Auto Parts Store 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

98

Businesses Nearby

Explore this area Business Placement

Demographics for 99115, WA

1,227

Population

974

Households

1.3

Avg Household Size

52

Median Age

20%

College-Educated

90%

High-School Grad

420.0 sq mi

ZIP Area

3

Density / Sq Mi

$49,519

Median Household Income

$33,929

Median Earnings

$726

Median Rent

$207,600

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this fitness centers & gyms located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Fitness center & gym - Remodeled historic building on Main Street in popular vacation destination.

Where is this fitness center & gym located?

The property is located at 405 W Main St Coulee City, WA.

What is the asking price?

The asking price for this property is $165,000.

What are key features of this property?

This property features: Prime Main Street location in a popular lakeside vacation destination (Banks Lake).; Income‑generating fitness center upstairs with equipment included.; Fully remodeled building with a rich 100+ year history and local significance.