44 S Palouse St Walla Walla, WA 99362

Listing agency Leavitt Capital Companies Show Phone

Listed by Marc Mowrer · License #WA

Source Crexi

Added: Apr 11 Updated: Jul 22 at 6:08PM Checked: Jul 22 at 6:08PM

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Investment Insights

Based on property information with market context.

This downtown office property is currently leased and used as an operating location for Stoneway Electric, which has been in place for approximately 40 years. The lease is backed by Crescent Electric Supply Company, following a 2012 sale of Stoneway to the national company. The current lease term is set to expire in 2026.

The building is located in the heart of downtown Walla Walla, within a short walk to both Whitman College and Main St.

For investors, the property offers the ability to hold through the existing lease term, with the stated expectation of adjusting rent to then-fair-market value or redeveloping into other uses consistent with the area.

Key Highlights

• Office building with a tenant lease term expiring in 2026
• Downtown Walla Walla location within a short walk to Whitman College and Main St
• Stoneway Electric has operated at this location for the past 40 years

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FAQs

What type of property is this?

Office building - Office building with a tenant lease expiring in 2026 and potential for redevelopment into other compatible uses.

Where is this office building located?

The property is located at 44 S Palouse St Walla Walla, WA.

What are key features of this property?

This property features: Office building with a tenant lease term expiring in 2026; Downtown Walla Walla location within a short walk to Whitman College and Main St; Stoneway Electric has operated at this location for the past 40 years