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Property profile & analytics
OFF-MARKET
Commercial real estate

110 Broadway Ave Reardan, WA 99029

0.95 ac lot Built 1928
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 110 E Broadway Ave in Reardan, WA, presents a rare investment opportunity. Spanning nearly an entire city block with a depth of half a block and encompassing 0.95 acres, this landmark property has been owned by the Colvilles family for 105 years. The main structure is a substantial 5,000 square foot brick building featuring seven bays and pumps, ideally suited for a variety of commercial ventures. Its prime location at the intersection of Highway 2 and Highway 231 ensures high visibility and accessibility. Envision a thriving lumber yard, auto repair shop, convenience store, or car dealership within this versatile space. The existing gas station and on-site laundry business offer immediate income streams, with the potential for expansion. The self-serve gas pumps provide an additional revenue source. Situated just 25 minutes from Spokane, this property benefits from its proximity to a larger city while residing in a charming, growing community, offering unique potential for creative and diverse commercial uses. The property's rich history and strategic location combine to create an unparalleled investment opportunity for the discerning buyer. This is a chance to own a piece of Reardan's history and shape its future. The asking price is $725,000.

Property profile
Verified
Property type Commercial real estate
Year built 1928
Lot 0.95 ac (41,382 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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