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    305 Grand Ave Pullman, WA 99163

    Sponsored
    For Lease
    $5 SF/Yr ($7,499 /Mo)

    Restaurant & Retail Space Available Now

    Lot size:
    17,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Whitman County commercial property, known as "The Lumberyard," presents a unique investment opportunity. Comprising two buildings totaling 17,475 square feet on a 0.78-acre lot, this C-3 zoned property offers versatile space ideal for retail or restaurant ventures. Built in 1960, the buildings boast a distinctive Quonset hut design. Currently, the entire 17,475 square feet is vacant and available for lease or sale. Flexible space options range from a minimum of 1,340 square feet to a maximum contiguous space of 11,470 square feet, catering to various business needs. The property includes a fully equipped commercial kitchen, a walk-in freezer, two full bars, and ample outdoor space featuring a patio, playground, and family entertainment area. Adding to its appeal is a 2-bedroom Airbnb unit integrated into the complex, offering additional income potential. This property's unique features, combined with its prime location and flexible space options, make it an attractive proposition for discerning investors and entrepreneurs seeking a high-impact commercial space. The property's multiple tenancy capability allows for diverse business models and potential for synergistic partnerships. Don't miss this chance to acquire a truly distinctive commercial property with significant upside.

    Property Features for 305 Grand Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,475 SF
    Total Rate
    7499.69

    Building Details

    Year Built
    1960
    Buildings
    2

    Unit(s) available at that property

    Space
    Apartment
    Size
    1,340 SF
    Rate per SF
    $13
    Space
    Warehouse
    Size
    4,665 SF
    Rate per SF
    $5
    Space
    Main Building
    Size
    11,470 SF
    Rate per SF
    $8

    HighLights

    • Retail and restaurant property totaling 17,475 square feet available for sale or lease.
    • Multiple tenancies available, ranging from 1,340 to 11,470 contiguous square feet.
    • Entire 17,475 square feet currently vacant.
    • Situated on a 0.78‑acre lot.
    • Two buildings constructed in 1960.
    • C‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    MANG'S SUSHI Restaurant Big Money Compound ... Wrestling School Housing For Washington State Housing Authority THE BOWL Restaurant Island Grill Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Pullman
    County
    Whitman
    State
    Washington
    Longitude
    -117.1804351
    Latitude
    46.731825

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Restaurant & Retail Space Available Now
    Where is this restaurant located?
    The property is located at 305 Grand Ave Pullman, WA.
    What is the lease rate?
    The lease rate is $5-$13 SF/Yr.
    What are key features of this property?
    This property features: Retail and restaurant property totaling 17,475 square feet available for sale or lease.; Multiple tenancies available, ranging from 1,340 to 11,470 contiguous square feet.; Entire 17,475 square feet currently vacant.
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    Realmo Value Estimation

    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

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    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.

    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
    305 Grand Ave Pullman, WA 99163
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