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Property profile & analytics
OFF-MARKET
Office Spaces

209 1st St Sprague, WA 99032

1,000 SF 0.06 ac lot Built 1955
Individually Owned Absentee Owner Free & Clear
Property ID
US90-1420119
Property summary
AI-generated overview

This 1,000 square foot commercial building, located at 209 W 1st St in Sprague, WA, presents a unique opportunity for a savvy investor or entrepreneur. Situated on a zero lot line on the main street of this historic town, the property offers significant potential for redevelopment. County records indicate the building's approximate size is 1,000 square feet. Previously occupied by two separate businesses, the space is currently vacant and requires substantial rehabilitation. The building is being sold "as is" with its existing contents. Note that this is an estate sale and the property has been unoccupied for an extended period. The asking price is $55,000, making it an attractive entry point for those seeking an affordable commercial property in a charming, established community. The building's prime location on the main street offers excellent visibility and accessibility for any retail or commercial venture. Buyers should be prepared for significant renovation work to bring the property up to current standards. This is a chance to acquire a piece of Sprague's history and shape its future.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1955
Total area 1,000 SF
Lot 0.06 ac (2,500 SF)
APN 701013004000
UPID US90-1420119
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
DONNA M JONESGORDON
DONNA M JONESGORDON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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