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    Property profile & analytics

    213 Main St Fairfield, WA 99012

    • Banks
    • 6,386 SF
    • 0.08 lot acres
    For Sale
    View listing
    $640,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1462969
    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.

    Current Use by Public Records

    • Western Insurance Associates / Insurance Agency
    • Fairfield Financial Holdings / Bank
    • First Interstate Bank / Bank

    Property Details for 213 Main St

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.08 lot acres
    Property size
    6,386 SF
    Property type
    Banks
    APN
    52192.0304
    APU
    521920304

    Description

    This 12,742 square foot, two-story office building, located at 213 E Main St in historic downtown Fairfield, WA (99012), presents a compelling value-add investment opportunity. Originally constructed in 1984 and renovated in 2004, this former bank branch boasts a convenient drive-thru. The property is currently 10% occupied, with a lease on the lower level expiring September 30, 2025. The sale includes an additional approximately 14,810 square foot parcel of development land. The building is classified as Class B and sits on Main Street in the heart of Fairfield's historic downtown. The asking price is $640,000, translating to $50.23 per square foot. This multi-tenant property offers significant potential for an owner/user seeking to capitalize on its prime location and existing infrastructure. The property is being offered for sale by the current owner, First Interstate Bank.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Spokane
    State
    Washington
    Longitude
    -117.171
    Latitude
    47.3855
    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
    $5,125
    $2,700
    $670,800
    $673,500
    -
    $2,700
    $670,800
    $673,500

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Fairfield, WA 99012

      FINANCIAL BUILDING • 0.08 Acres
      Fairfield, WA 99012
      View Details
    • Value Estimation
      $90,000
      0.09 Acres

      Fairfield, WA 99012

      FINANCIAL BUILDING • 0.09 Acres
      Fairfield, WA 99012
      View Details
    • Value Estimation by Request
      0.08 Acres

      Fairfield, WA 99012

      FINANCIAL BUILDING • 0.08 Acres
      Fairfield, WA 99012
      View Details
    • Value Estimation
      $220,000
      1,920 SF

      303 1st St

      CONVENIENCE STORE • 1,920 SF
      303 1st St, Fairfield, WA 99012-9006
      View Details
    • Value Estimation by Request
      0.21 Acres

      108 Railroad Ave

      GROCERY, SUPERMARKET • 0.21 Acres
      108 Railroad Ave, Fairfield, WA 99012
      View Details
    • Value Estimation by Request
      0.14 Acres

      207 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      207 Main St, Fairfield, WA 99012
      View Details

    Similar Nearby for Sale

    • $640,000
      12,742 SF

      Fairfield Former Bank Branch Building

      Former bank branch with drive-thru in historic downtown Fairfield.
      213 E Main St, Fairfield, WA 99012
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    • $640,000
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      Downtown Fairfield Office Building

      Historic building, drive-thru, value-add opportunity.
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      Fairfield WA Agricultural Land

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    213 Main St
    Fairfield, WA 99012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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