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    FOR LEASE
    Banks

    2208 North Swing Ln, Liberty Lake, WA 99019

    29,000 SF 0.76 ac lot Built 2001
    Entity Owned 23-yr Hold ~ Est. High Equity
    Property ID
    US90-0260564
    Property summary
    AI-generated overview

    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
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2001
    Total area 29,000 SF
    Lot 0.76 ac (33,017 SF)
    APN 55113.9069
    UPID US90-0260564
    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
    Jane & Bill LLC · 23 yrs held
    Jane & Bill LLC
    since 2002
    3 recorded transactions
    2002
    $1.3M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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