1705 2Nd St, Cheney, WA 99004
- High-rise multifamily apartments
- 2,606 SF
- 0.24 lot acres
Current Use by Public Records
- High-rise multifamily apartments
Property Details for 1705 2Nd St
- Year built
- 1971
- Lot size
- 0.24 lot acres
- Property type
- High-rise multifamily apartments
- APN
- 13124.4203
- APU
- 131244203
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 17, 2021 | $412,000 | Manoj Ka Kumar | Pacific Mortgage Center LLC | Warranty Deed | $404k · Crescent Heights Cpaital LLC |
| Apr 7, 2021 | $1,310,000 | Pacific Mortgage Center LLC | 502 1st Street LLC | Warranty Deed | $1.4M · Tcf Properties LLC |
| Sep 7, 2018 | — | Tvc 1 & 2 LLC | — | Deed · related | $250k · Numerica Cu |
| Aug 31, 2018 | — | West Cheney Boys LLC | — | Deed · related | $150k · Numerica Cu |
| Sep 19, 2016 | $162,500 | West Cheney Boys LLC | Stockton Shawnna & R I | Grant Deed | — |
| — | — | Robert I Stockton | — | Deed Of Trust · related | $450k · Sterling Savings Bank |
| — | — | Robert I Stockton | — | Deed Of Trust · related | $742k · Bank Of America |
| — | — | West Cheney Boys LLC | — | Deed Of Trust · related | $150k · Numerica Cu |
| — | — | Tvc 1 & 2 LLC | — | Deed Of Trust · related | $250k · Numerica Cu |
Description
This exceptional value-add opportunity presents a vacant, two-story, 2,606 square foot convenience store located at 1705 2nd St, Cheney, WA 99004. The property sits on a 0.21-acre lot in Spokane County and is priced at $700,000, translating to $268.61 per square foot. The building, constructed in 2024, boasts a Class C rating and is currently vacant, presenting a blank canvas for a new owner. The layout includes retail space on the ground floor and vacant office space on the second floor. This property enjoys a highly visible location on a major thoroughfare, offering significant potential for growth and return on investment. The building consists of one structure with two stories. Owner financing and lease-to-own options may be available, making this an attractive proposition for various investment strategies. This is a rare chance to acquire a well-situated property with substantial upside in a thriving market. The property's recent renovation in 2024 ensures modern amenities and reduced upfront maintenance costs. Serious inquiries are encouraged.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cheney
- County
- Spokane
- State
- Washington
- Longitude
- -117.565
- Latitude
- 47.4966
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
