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Property profile & analytics
FOR SALE
Auto shops

2218 1St St Cheney, WA 99004

4,736 SF 0.93 ac lot Built 1990
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US90-1381064
Property summary
AI-generated overview

This well-established Cheney, WA auto body shop, operating for over 35 years, presents a unique opportunity for acquisition or lease. The property, located at 2218 1st St, Cheney, WA 99004, encompasses a substantial 4,736 square foot building situated on a 0.92-acre lot. Constructed in 1990 and renovated in 1992, the two-story building offers ample space for all aspects of a thriving auto body business. The sale or lease includes all equipment and the existing business, providing a turnkey operation ready for immediate revenue generation. This family-owned and operated business enjoys a strong reputation within the community and benefits from the growing demand for auto body services in the greater Spokane area and its surrounding suburbs. The property's location offers excellent visibility and accessibility, contributing to the business's consistent success. This is a rare opportunity to acquire a profitable, established business with significant growth potential. All aspects of the business, including the building, equipment, and established clientele, are included in the asking price. The property is zoned for retail use and is a single-tenant occupancy.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 4,736 SF
Lot 0.93 ac (40,413 SF)
APN 13121.1403
UPID US90-1381064
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wilfred J Mahaffy · 11 yrs held
Wilfred J Mahaffy
since 2014
6 recorded transactions
2021
Price N/A
2018
Price N/A
2014
Price N/A
2014
$367,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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