Property profile

1005 Nye St Pullman, WA 99163

OFF-MARKET
Office buildings
Property ID
US90-2043147
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional income-producing commercial property is located at 1005 NW Nye St, Pullman, WA 99163, in a high-traffic area. The two-story building offers a total of 15,264 square feet of net rentable space, currently divided into four separately leased retail units. The tenants include Palouse Treasures, Western Laundry, Honeycomb Hair Studio, and Salon Jade, all operating under existing leases, ensuring a stable income stream. This multi-tenant storefront presents a compelling investment opportunity due to its established rental history and strong location within the vibrant Pullman market. The property's modified lease structure provides flexibility for future management. The asking price for this well-maintained commercial building is $1,200,000. This is a rare chance to acquire a proven, income-generating asset in a desirable location. The property's address is easily accessible and benefits from high visibility, making it an ideal investment for those seeking a stable and profitable commercial venture. The building's solid construction and established tenancy make it a low-risk, high-reward opportunity. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
APN 108500026200000
UPID US90-2043147

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

1005 Nye St Pullman, WA 99163-3428
Pullman metro Census 202 PULLMAN, WA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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