12825 14Th Ave Airway Heights, WA 99001
- Parking lots & garages
- 2,800 SF
- 4.94 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 12825 14Th Ave
- Year built
- 1978
- Lot size
- 4.94 lot acres
- Property size
- 2,800 SF
- Property type
- Parking lots & garages
- APN
- 15261.1907
- APU
- 152611907
Description
This exceptional free-standing commercial building, totaling 49,410 square feet, presents a unique investment opportunity in Airway Heights. Ideally situated on Highway 2 in the downtown area, this property boasts a prime location just 2.6 miles from Fairchild Air Force Base, providing access to a substantial consumer base of approximately 11,868 active-duty personnel, Air National Guard members, dependents, and civilian employees, along with an additional 814 households. Originally constructed in 1978 and renovated in 1986, the building sits on a generous 4.94 acres of land and is zoned C-1 Light Commercial, allowing for a diverse range of uses including commercial, financial, retail, personal services, restaurants, professional and medical offices, entertainment, and hotels. The property features two loading docks and ample parking, including a large striped parking lot in front and a gravel lot behind the building. A significant value-add opportunity exists with an additional 2,800 square feet of fenced storage space located in a garage behind the main building. Currently, a portion of the building is available for lease, with a minimum divisible space of 20,000 square feet. This presents a rare chance to acquire a substantial retail space in a high-traffic area with strong potential for growth and diverse tenant possibilities. The APN is 15261.1907.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Airway Heights
- County
- Spokane
- State
- Washington
- Longitude
- -117.59
- Latitude
- 47.6419
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA