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101 Main St 103 Colfax, WA 99111-1803

OFF-MARKET Retail space Google Maps
4,500 SF 0.1 ac lot Built 1907
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US90-2077068

Property summary

AI-generated overview

This exceptional commercial property located at 101 N Main St, Colfax, WA 99111, presents a unique opportunity for businesses seeking executive office space. The building, situated in Whitman County, offers a total of 7,904 square feet across two stories. Currently, a significant portion of the space, totaling 2,998 square feet, is available for lease. The property is classified as both retail and office space, making it suitable for a variety of uses. The building's single-tenant occupancy ensures privacy and control. The property's address is a highly visible location on North Main Street in Colfax, Washington. This presents a great opportunity for businesses seeking a prominent presence in the community. The building's size and layout offer flexibility for customization to meet specific business needs. With its convenient location and ample square footage, this property is ideal for companies seeking to establish or expand their operations in a thriving area. The property is ready for immediate occupancy, offering a seamless transition for businesses looking for a new home. Interested parties are encouraged to inquire about lease terms and conditions. The property's classification as both retail and office space provides versatility for a range of business types. The 2,998 square feet of vacant space offers a substantial area for development and customization. The two-story building provides ample space for various office configurations and potential expansion.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1907
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,500 SF
Lot 0.1 ac (4,500 SF)
APN 100400007010000
UPID US90-2077068

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
  • Bank Loan Service
  • (Bike/Boat/Book/etc) Store
  • Social Service Agency Charitable Organization
  • Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

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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