105 Spring StPullman, WA 99163

Property Details for 105 Spring St

Year built

1935

Construction

STEEL FRAME

Lot size

0.09 AC

Property size (Sq ft)

2,226 SF

Property type

Office properties

Property subtype

Other office properties

APN

110109901010004

APU

110109901010004

Description

This exceptional commercial property, located at 105 NE Spring Street in Pullman, Washington, presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of Main and Spring Streets, this 0-unit land parcel boasts unparalleled visibility and accessibility. Its downtown location offers convenient access to Washington State University (WSU) campus, the River Walk, and the WSU Visitor Center, ensuring high foot traffic and excellent exposure. The property's versatile nature allows for a variety of uses, including single or multi-tenant occupancy. Ideal for professional services such as medical, chiropractic, legal, accounting, insurance, or financial advisory firms, or even a non-profit organization. The lower level is currently leased on a month-to-month basis, providing immediate potential rental income. The asking price is $465,000. This property's prime location and flexible usage make it an exceptional investment in a thriving community. The property's MLS number is 276086. The zip code is 99163, and it's located in Whitman County.

• CAP approach

  CAP return

  Valuation

  6%

  $453,585

  6.5%

  $418,694

  7%

  $388,787

• Comparable approach

  Method

  Valuation

  Relative Method

  $474,605

  Geo Method

  $474,605

• Alternative Use

  Use

  Valuation

  Residential

  $519,180

  Hospitality

  $475,566

  Educational

  $395,666

  Medical

  $409,273

  Retail

  $615,480

Location Insight

City

Pullman

County

Whitman

State

Washington

Latitude

46.7298

Longitude

-117.176

CBSA code

39420

CBSA name

PULLMAN, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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