1105 Basin SW St, Ephrata, WA 98823-2175
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.
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Pupuseria La Central Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
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Costs & Benchmarks
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Risks
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