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Property profile

1105 Basin SW St Ephrata, WA 98823

OFF-MARKET
Investment properties
Property ID
US90-1524443
2,338 SF 0.22 ac lot Built 1952
Entity Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This Ephrata, WA commercial property at 1105 Basin Street SW offers a unique investment opportunity. The building features two commercial spaces on the main floor and a 1000 square foot, two-bedroom, one-bathroom apartment on the upper level. Suite A (North), a 1584 square foot retail space with an additional 336 square feet of warehouse space, is currently leased. This suite boasts central air and heat, and received new flooring and paint in December 2021. Suite B (South), formerly a restaurant, is vacant and offers 754 square feet of restaurant space and 1326 square feet of warehouse space. The only remaining equipment is a hood with fire suppression. A new split duct system was installed in September 2019. The upper-level apartment has been vacant for over ten years and requires some renovation. Extensive exterior improvements were completed in July 2019, including new commercial and apartment windows, new siding and roofing material, concrete block/mortar repair, and exterior paint. Further enhancing the property's value, a new 60-mil TPO roof was installed in August 2024. This multi-use building presents a compelling opportunity for investors seeking a blend of income-generating retail space and potential for future development of the vacant restaurant and apartment spaces. The property sits on a 0-acre lot and is priced at $395,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1952
Total area 2,338 SF
Lot 0.22 ac (9,702 SF)
APN 141158000
UPID US90-1524443

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
  • Recycling Center Waste Management Facility
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2025
$325,000
1986
$32,058

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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