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12825 14Th Ave Airway Heights, WA 99001

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For Sale
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Prime Retail Space, High Traffic Area

Property size:
49,410 SF

Property Features for 12825 14Th Ave

General Information

Property type
Individual retail properties
Square Feet
49,410 SF
Lot Size
215,186 SF

Building Details

Year Built
1978

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Listing Contact
Guy Byrd
Guy Byrd

Listing Agency: SVN | Cornerstone Listing Agent: Guy Byrd

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 49,410-square-foot former grocery store building situated on a 4.94-acre lot in Airway Heights, Washington. Located at 12825 W 14th Ave, this free-standing structure boasts a strategic location on Highway 2, offering high visibility and accessibility. Built in 1978, the property features two loading docks and ample parking, including a large paved lot in front and a gravel lot behind. A significant advantage is the inclusion of an additional 2,800-square-foot fenced storage garage. The asking price is $5,138,640, translating to $104 per square foot. The property is zoned C-1, allowing for a diverse range of commercial uses, including but not limited to retail, restaurants, professional offices, medical facilities, entertainment venues, and hotels. Its proximity to Fairchild Air Force Base (only 2.6 miles away), with its substantial population of active-duty personnel, dependents, and civilian employees, presents a compelling demographic advantage. The property's size and zoning offer significant value-add potential, and additional development land is also available. The existing lease expires in May 2025. This property represents a rare opportunity to acquire a substantial retail space in a high-growth area with strong potential for future development and returns. The APN is 15261.1907.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Real Estate Agency Restaurant 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
Airway Heights
County
Spokane
State
Washington
Longitude
-117.5895254
Latitude
47.6419011

FAQs

What type of property is this?
Individual retail property - Prime Retail Space, High Traffic Area
Where is this individual retail property located?
The property is located at 12825 14Th Ave Airway Heights, WA.
What is the asking price?
The asking price for this property is $5,138,640.
What are key features of this property?
This property features: Free-standing commercial building on a large lot with value-add potential; adjacent land also available.; Yoke's lease expires May 22, 2025.; 2.6 miles from Fairchild AFB, serving a population of over 12,000.
(509) 321-2000 Call to check price and availability
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