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Property profile & analytics
OFF-MARKET
Retail space

300 Un Ave Newport, WA 99156-9675

6,044 SF 0.51 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US90-2762702
Property summary
AI-generated overview

This exceptional freestanding retail building, located at 300 S Union Ave in Newport, Washington, presents a unique investment opportunity. Boasting approximately 4,100 square feet of available space, this property is situated on a sizable 22,216 square foot lot (approximately 0.51 acres). Constructed in 1990, the building benefits from a newer HVAC system, ensuring year-round comfort. The property includes convenient features such as one 8' x 7' overhead door, perfect for loading and unloading, and ample parking with 10 stalls. The location on Union Avenue offers excellent visibility and accessibility, with an estimated average daily traffic count of approximately 4,450 vehicles. The lease rate is $12.00 per square foot, triple net (NNN), with additional NNN expenses of $2.00 per square foot. This property is ideal for a variety of retail businesses seeking a prominent presence in a thriving community within Pend Oreille County. The building's single-tenant structure offers flexibility and control, while the ample lot size provides potential for expansion or outdoor display areas. Don't miss this chance to secure a prime retail space in a high-traffic location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,044 SF
Lot 0.51 ac (22,216 SF)
APN 463119610001
UPID US90-2762702
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
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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