210 Railroad Ave, Ritzville, WA 99169-2309
This exceptional 2500 square foot historic commercial building presents a unique investment opportunity in the heart of Ritzville, Washington. Situated just one block from the vibrant downtown area, this property boasts convenient access and high visibility. The building itself offers substantial storage space, ideal for a variety of commercial uses. A key feature is the dual access points: double doors facing Railroad Avenue provide convenient street-level entry, while a garage door located on the alley allows for easy loading and unloading from the rear. Adding to the property's appeal is an adjacent vacant lot, also measuring 2500 square feet, offering significant expansion potential or additional parking. The combination of the building's historic character, its generous size, and the extra land presents a rare chance to acquire a versatile commercial property in a desirable location. This property is priced to sell at $55,000 and is ready for its next chapter. The possibilities are endless for an entrepreneur seeking a well-positioned space with ample room to grow. Don't miss this opportunity to own a piece of Ritzville's history and secure a promising future for your business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.