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    Specialty Commercial Property Title is generated by Realmo AI

    634 N 7TH St E, Chewelah, WA 99109

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    Claim this Listing
    For Sale
    $775,000

    COMMERCIAL - CHEWELAH, WA

    Property size:
    8,704 SF
    Lot size:
    1.60 Acres
    Price / SF:
    $89/SF
    Added:
    Aug 20, 2025
    Days on Market:
    289
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 634 N 7TH St E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0284795
    Size
    8,704 SF
    Lot size
    1.60 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    See Exhibit A

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    DARREN CROSSMAN

    Listing agent DARREN CROSSMAN License #75777

    Listing office KELLER WILLIAMS REALTY COLVILLE 1375 MAIN, Colville, WA

    Listing date Aug 20, 2025

    MLS# 45059

    Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spacious 7,800 sq.ft. primary building suitable for various business operations.
    • 1.6 acre lot in Chewelah's Industrial Park with room for future growth.
    • City water, sewer, and natural gas utilities.
    • Detached 864 sq.ft. building for storage or workspace.
    • Paved off‑street parking for staff and clients.
    • Excellent access for deliveries and customers.

    Overview

    This for-sale specialty commercial property includes an 8,704 SF structure and sits on a 1.6-acre lot. The asset is presented as a single parcel and is offered for buyers looking for a commercial building with onsite land area in Chewelah.

    Located at 634 N 7TH St E in Chewelah, Washington 99109, the property is in Stevens County. The listing information provides the parcel size, building size, and sale offering details, supporting due diligence on the property’s existing improvements and site configuration.

    Given the combination of building area and land, this type of specialty commercial asset can be a practical fit for owner-occupants or investors seeking a standalone property. Buyers will typically evaluate the facility’s layout, condition, and site utility to confirm compatibility with their intended commercial use. As with any specialty property, performance and feasibility should be verified through property-specific inspection and any applicable local requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Classics Customs and Modular General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chewelah
    County
    Stevens
    State
    Washington
    Longitude
    -117.708213
    Latitude
    48.282089

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    FAQs

    What type of property is this?
    Specialty property - Commercial specialty property for sale featuring an 8,704 SF building on a 1.6-acre lot in Chewelah, WA.
    Where is this specialty property located?
    The property is located at 634 N 7TH St E Chewelah, WA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Spacious 7,800 sq.ft. primary building suitable for various business operations.; 1.6 acre lot in Chewelah's Industrial Park with room for future growth.; City water, sewer, and natural gas utilities.
    (509) 675-0148
    We can help!
    Listing Contact
    DARREN CROSSMAN
    Real Estate License ID: 75777
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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