Property summary
Exceptional opportunity to acquire a fully remodeled Class A office building in Liberty Lake, Washington. This 10,820 square foot property, situated on a 0.76-acre lot (33,017 square feet), boasts a desirable location and underwent a complete interior and exterior renovation in 2024, exceeding $1.3 million in improvements. The building features approximately 3,660 square feet per floor on the first and second levels, and an additional 3,500 square feet in the lower level. Upgrades include a new roof with a 20-year full warranty, new windows with a 10-year warranty, new exterior insulation and finish (EIFS), a new passenger elevator servicing all three floors, new awnings, and new exterior lighting. Five new bathrooms have also been installed. The property includes ample parking with 30 car spaces. The asking price is $3,200,000, with a price per square foot of $295.75. The building is currently vacant, presenting an ideal opportunity for owner-occupancy or immediate lease-up. Parcel number is 55113.9069. Year built: 2001
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Liberty Lake market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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