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Live-Work Property with Shop

792 HIGHWAY 395 N Colville, WA 99114

New
792 HIGHWAY 395 N, Colville, WA, 99114
$450,000
For Sale
$450,000

COMMERCIAL - COLVILLE, WA

Property Size4,290 SF
Lot Size6.30 Acres
Price / SF$104.90
Days on Market4

Property Features for 792 HIGHWAY 395 N

General Information

Property type
Commercial Sale
Property subtype
Other
Fireplace
1
Standard status
Active
APN
1929365
Size
4,290 SF
Lot size
6.30 Acres

Taxes and HOA fees

Tax Description
TAX #29, LS M/R (SP 39-95-2) (BAL TAX #29 IN 16-36-38)

Utilities

Heating system
Central, Fireplace(s), Electric (Heating), Forced Air

Building Details

Year built
1922
Listing Agency KELLER WILLIAMS REALTY COLVILLE
1375 MAIN, Colville, WA
Listed by Day Star Realty Team
Added: Jul 15 Checked: Jul 18 at 2:06 pm
MLS# 46189

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.


Investment Insights

Based on property information with market context.

This live-work property includes a thoughtfully updated farm house along with a shop featuring high ceilings. A barn on site provides entry on both levels, and there are additional buildings for storage, creating a practical on-site base for a range of business activities and personal use.

Located on Highway 395 between Colville and Kettle Falls, the property offers quick and easy access to both communities. It also benefits from retail exposure at the front door.

With approximately 6.3 acres and about 4,290 square feet of building area, the layout supports a home/work combination, an office use, or rental income through the farm house, while the shop, barn, and storage buildings support day-to-day operations.

Key Highlights

  • Farmhouse built in 1922 with fireplace(s) and multiple heating options including central, forced air, fireplace, and electric heating
  • Potential for a home/work combo or rental income from the updated farmhouse
  • Shop with high ceilings, plus a barn with entry on both levels

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.1k $8.88
− Vacancy −$2.4k −$0.57
EGI $35.7k $8.31
− OpEx −$10.7k −$2.49
NOI $25.0k $5.82
4,290 SF · lease $8.88/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Office B
$877.6K
$767.9K – $1.02M (±1% cap)
NOI $61,429 @ 7.0% cap · market cap 13.65%
Second Best
Mixed Use
$732.0K
$640.5K – $854.0K (±1% cap)
NOI $51,239 @ 7.0% cap · market cap 11.39%
Theoretical Best
Office A
$1.11M
$968.5K – $1.29M (±1% cap)
NOI $77,477 @ 7.0% cap · market cap 17.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Storage Facility Furniture & Home Goods Auto Repair Shop Big Box & Wholesale Store Building Supply

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

FAQs

What type of property is this?
Live-work space - Updated farm house plus a high-ceiling shop and multi-level barn offer flexible home, office, or rental setup on Highway 395.
Where is this live-work space located?
The property is located at 792 HIGHWAY 395 N Colville, WA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Farmhouse built in 1922 with fireplace(s) and multiple heating options including central, forced air, fireplace, and electric heating; Potential for a home/work combo or rental income from the updated farmhouse; Shop with high ceilings, plus a barn with entry on both levels
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