12825 14Th Ave Airway Heights, WA 99001
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Prime Retail Space, High Traffic Area
Property size:
49,410 SFProperty 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
Listing Agency: SVN | Cornerstone Listing Agent: Guy Byrd
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- Airway Heights
- County
- Spokane
- State
- Washington
- Longitude
- -117.5895254
- Latitude
- 47.6419011
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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.