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    1705 2Nd St Cheney, WA 99004

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    1705 2Nd St Cheney, WA 99004


    • High-rise multifamily apartments
    • 2,606 SF
    • 0.24 lot acres
    Vacant Office and Retail Space For Sale
    $750,000

    Vacant Office and Retail Space

    Office and retail space in prime location with high potential.

    1705 2nd St, Cheney, WA 99004
    View Listing
    Property ID
    US90-1640387
    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.

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    Cap Rate Potential
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    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 size
    2,606 SF
    Property type
    High-rise multifamily apartments
    APN
    13124.4203
    APU
    131244203

    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.


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    Location Insight

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    • 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

    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
    $3,058
    $105,390
    $259,600
    $364,990
    -
    $105,390
    $259,600
    $364,990
    View Listing
    More about this property
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