Current Use by Public Records
- Warehouses
Property Details for 3816 1 Ave
- Year built
- 1996
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity in Mead, WA, presents a 5,628 square foot warehouse ideally situated on E 1st Ave, just off Market Street. Built in 1996, this industrial property boasts a 12-foot ceiling height throughout and features three dock-high loading doors, enhancing operational efficiency. Currently housing two tenants on month-to-month leases, the property offers flexibility for the new owner. A removable interior wall allows for seamless conversion into a single, expansive warehouse space, perfect for owner-occupancy or a larger distribution center. The nearly one-acre lot provides ample parking and convenient access. The asking price is $800,000. This property is well-suited for a variety of uses, including warehouse storage, distribution, automotive repair, or a combination thereof. Its strategic location and versatile layout make it an attractive investment prospect with significant potential for future growth and return. The property's current tenants will vacate upon sale, providing the buyer with a clean slate to customize the space to their specific needs. Don't miss this chance to acquire a well-maintained industrial property in a thriving location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mead
- County
- Spokane
- State
- Washington
- Longitude
- -117.355
- Latitude
- 47.7652
