Flex Space with Detached
For Sale
$690,000
634 N 7th St, Chewelah, WA 99109
City water, sewer and natural gas serve the property, alongside paved off-street parking.
Property Size8,704 SF
Lot Size1.60 Acres
Price / SF$79.27
Days on Market66
Property Features for 634 N 7th St
General Information
Standard status
Active
Size
8,704 SF
Lot size
1.60 Acres
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Building Details
Building Size
8,704 SF
Year Built
2005
Buildings
2
Listing Agency:
Keller Williams Colville
(509) 684-1414
Listed By:
Darren Crossman · License #75777
(509) 675-0148
Source:
Ericksrealty
Added: Aug 24
Changed: Oct 27
Last Checked: Oct 26 at 3:47AM
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 Keller Williams Colville
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property occupies 1.6 acres in Chewelah’s Industrial Park. The 7,800-square-foot main building includes a front office and oversized overhead doors. A separate 864-square-foot building adds enclosed space for storage or work. The property was built in 2005.
City water, sewer and natural gas serve the site. Paved off-street parking is also available.
City water, sewer and natural gas serve the site. Paved off-street parking is also available.
Key Highlights
- 1.6‑acre property in Chewelah’s Industrial Park
- 7,800‑square‑foot primary building with front office and oversized overhead doors
- Detached 864‑square‑foot building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,641
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,820
$1.0M
Cap Rate 7%
$723,443
$723.4K
Cap Rate 9%
$562,678
$562.7K
Market Conditions
NOI Build-Up for 8,704 SF
Gross rent
$77.3K $8.88/SF
− Vacancy
−$4.9K −$0.57/SF
EGI
$72.3K $8.31/SF
− OpEx
−$21.7K −$2.49/SF
NOI
$50.6K $5.82/SF
Area
Stevens County, WA
Vacancy
6.40%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,820
Cap Rate 7%
$723,443
Cap Rate 9%
$562,678
Alternative Uses
Best Use
Industrial
$723.4K
$633.0K – $844.0K
NOI $50,641 @ 7.0% cap · market cap 7.34%
Second Best
Flex RnD
$671.8K
$587.8K – $783.7K
NOI $47,024 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$2.25M
$1.96M – $2.62M
NOI $157,194 @ 7.0% cap · market cap 22.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99109, WA
5,016
Population
2,610
Households
1.9
Avg Household Size
51
Median Age
22%
College-Educated
93%
High-School Grad
311.6 sq mi
ZIP Area
16
Density / Sq Mi
$61,354
Median Household Income
$38,715
Median Earnings
$890
Median Rent
$274,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - City water, sewer and natural gas serve the property, alongside paved off-street parking.
Where is this flex space located?
The property is located at 634 N 7th St Chewelah, WA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 1.6‑acre property in Chewelah’s Industrial Park; 7,800‑square‑foot primary building with front office and oversized overhead doors; Detached 864‑square‑foot building
