1208 Lundstrom St Airway Heights, WA 99001

Property Details for 1208 Lundstrom St

Year built

1964

Property size

7,691 SF

Property type

Distribution centers

APN

15233.0101, 15233.0118

Description

This exceptional industrial property, located at 1208 S Lundstrom St, Airway Heights, WA 99001, presents a compelling investment opportunity. The warehouse, built in 1964, boasts a substantial 7,691 square feet of net rentable space spread across two stories, offering ample room for various uses. The asking price is $895,000, translating to a price per square foot of $116.37. The property sits on a generous 27,285 square foot lot (APN: 15233.0101, 15233.0118) and is zoned for Public & Community Use. Currently occupied by the City of Airway Heights Fire Department, the lease agreement extends through May 2025, providing a stable income stream for the foreseeable future. This presents a unique chance to acquire a well-located, established industrial building with significant potential for future development or continued lease income. The property's size and zoning offer considerable flexibility for a variety of commercial ventures. Its strategic location in Airway Heights, Spokane County, Washington, ensures easy access to major transportation routes and a thriving local economy. This is a rare opportunity to secure a substantial industrial property in a desirable location.