Property profile

105 NE Spring St Pullman, WA 99163

FOR SALE
Office Spaces
Property ID
US90-1962771
2,226 SF 0.09 ac lot Built 1935
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1935
Construction STEEL FRAME
Total area 2,226 SF
Lot 0.09 ac (4,000 SF)
APN 110109901010004
UPID US90-1962771

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
  • Child Welfare Organization Charitable Organization

Location

105 NE Spring St Pullman, WA 99163
Pullman metro Census 400 PULLMAN, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2011
Last sale
$400,000
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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