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Downtown Cheney Restaurant/Retail Space
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508 1st St, Cheney, WA

Former restaurant space with on-site parking and premier visibility.

Space Size1,436 SF
Lot Size0.05 Acres
Days on Market301

Property Features for 508 1st St

General Information

Standard status Active
Size 1,436 SF
Lot size 0.05 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 508 1st St Contact us

Cheney Retail / Office $17.97/SF/Yr

Size
1,436 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Located along the main thoroughfare of downtown Cheney, this former restaurant space...
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Listing Agency: Kiemle Hagood
Listed By: Tim Kestell · License #84800
Source: Moodyscre
Added: Oct 24, 2025 Changed: Aug 8 Last Checked: Aug 20 at 7:14AM

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 Kiemle Hagood

Investment Insights

Based on property information with market context.

Located along the main thoroughfare of downtown Cheney, this former restaurant space offers 1436 square feet of space suitable for restaurants or retail purposes. The property features on-site parking in the rear lot and a glass roll-up door. It benefits from premier visibility and is situated near additional shops and eateries.

Key Highlights

  • Premier visibility in downtown Cheney
  • On‑site parking in rear lot
  • Former restaurant space, ready for your vision

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store Kitchen & Bath Showroom Dental Office Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Former restaurant space with on-site parking and premier visibility.
Where is this restaurant located?
The property is located at 508 1st St Cheney, WA.
What is the lease rate?
The lease rate is $17.97 SF/Yr.
What are key features of this property?
This property features: Premier visibility in downtown Cheney; On‑site parking in rear lot; Former restaurant space, ready for your vision
(509) 755-7542 Call to check price and availability
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