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Property profile & analytics
OFF-MARKET
Medical Office Space

1207 Main St Othello, WA 99344-1557

1,993 SF 0.27 ac lot Built 1966
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-2046546
Property summary
AI-generated overview

This stunning, remodeled commercial building at 1207 E Main Street in Othello, Washington, presents a unique investment opportunity. Boasting a prime Main Street location, this property offers exceptional visibility and benefits from Othello's growth. The building features a beautifully designed interior, perfect for a variety of professional uses. Inside, you'll find six spacious treatment rooms or offices, ideal for medical practices, spas, or professional services. A large, inviting waiting area welcomes clients, complemented by a convenient utility room and a well-equipped kitchen or dispensary. The building's luxurious finishes create a pampered and comfortable atmosphere. A significant highlight is the downstairs art and wildlife gallery, adding a unique and attractive element to the property. Ample parking is available for clients and staff. The building's functionality and upscale aesthetic make it suitable for a wide range of businesses, including but not limited to spas, beauty practices, accounting firms, chiropractic offices, and dental practices. A 3D scan is available for a virtual tour, showcasing the property's impressive features. The asking price is $750,000. This is a rare opportunity to acquire a high-quality commercial property in a thriving community. The building's size is not specified in the provided information. The lot size is 0 acres.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,993 SF
Lot 0.27 ac (11,745 SF)
APN 1-529-03-071-5211
UPID US90-2046546
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Beverly Jean LLC · 6 yrs held
Beverly Jean LLC
since 2020
Last sale
$221,500
4 recorded transactions
2022
Price N/A
2020
Price N/A
2020
Price N/A
2018
$221,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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