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    12825 W 14Th Ave Airway Heights, WA 99001

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    12825 W 14Th Ave Airway Heights, WA 99001


    • Parking lots & garages
    • 2,800 SF
    • 4.94 lot acres
    Former Grocery Store with Potential For Sale
    $3,500,000
    49,410 SF

    Former Grocery Store with Potential

    Former grocery store with retail, restaurant, and bar potential.

    12825 W 14th Ave, Airway Heights, WA 99001
    View Listing
    Property ID
    US90-1294571
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 12825 W 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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $460,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $666,000
      Market price range: $208k - $667k
      AI Estimate
      $736,000
      Market price range: $238k - $736k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $670,000
      MEDICAL BUILDING
      $610,000
      AUTO REPAIR, GARAGE
      $530,000
      RETAIL STORES
      $525,000
      COMMERCIAL (GENERAL)
      $425,000

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,978
    $645,560
    $1,770,300
    $2,415,860
    -
    $645,560
    $1,770,300
    $2,415,860
    View Listing
    More about this property
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