2148 Wa-26 Othello, WA 99344
This exceptional 18,640-square-foot industrial property in Othello, Washington, presents a compelling investment opportunity. Situated on a five-acre lot, this owner-user facility features two buildings, including a main shop spanning 11,840 square feet and a secondary shop of 4,800 square feet. Ideal for various industrial uses, the property boasts a 28-foot ceiling height, accommodating substantial equipment and inventory. Temperature-controlled storage is provided by a 1,480-square-foot cold room and a separate 600-square-foot freezer. Power is supplied by a reliable 3-phase, 300-amp, 480-volt electrical system. Access is facilitated by a 14-foot exterior door and a 12-foot interior door. The property includes a gas heater in the main shop and recently installed LED lighting. Floor drains are in place, making it suitable for food processing. Efficient loading and unloading are ensured by an exterior loading dock and two additional interior docks. A three-story, 1,872-square-foot office building provides ample administrative space. The property is zoned for industrial use and was built in 1985. Currently vacant, this Class C building offers significant potential for a wide range of businesses. The asking price is $1,849,000, with a price per square foot of $99.20.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.