405 W Walnut St, Newport, WA 99156

This 4,104 square foot four-bay strip center presents an opportunity for an owner-user or value-add investor. Zoned C-1, the property allows for flexible office and retail uses. It features prominent signage and paved on-site parking. The property offers upside through lease-up of the vacant suite and potential rent growth. Positioned in Newport’s Central Business District, the property benefits from a high-visibility corner location with approximately 6,056 vehicles per day along the Walnut Street & Washington Ave intersection. The surrounding area includes established downtown businesses. Located 47 miles from Spokane via Highway 2, the property offers access and commercial appeal. The C-1 zone supports Newport’s downtown commercial core by allowing a mix of retail, office, and service-based businesses. The purpose of the district is to encourage active, pedestrian-oriented storefronts while maintaining the character and economic vitality of the city center. Permitted uses generally include retail shops, professional offices, restaurants, personal services, and other small commercial enterprises, subject to city regulations. The zoning provides flexibility for owner/user office or retail occupancy, as well as the ability to lease additional suites to generate income, supporting long-term commercial viability within Newport’s established business district.