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301 Main St Almira, WA 99103

OFF-MARKET Banks Google Maps
3,120 SF Built 1900
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$225k
Range $203k – $248k (±10%)
Property ID US90-1847092

Property summary

AI-generated overview

This remarkable early 1900s brick building, located at 301 W Main Street in Almira, Washington, presents a unique investment opportunity. Previously serving as a bank and later a preschool, this two-story structure boasts significant historical character and charm. The property includes a spacious basement, adding considerable potential square footage. Its solid construction provides a strong foundation for adaptive reuse, making it ideal for various projects. Envision the possibilities: a boutique retail space, stylish lofts, or a mixed-use development. The building is ripe for renovation, offering a chance to add significant value through sweat equity. While requiring some tender loving care, this property offers a substantial return on investment for those with vision and a passion for restoration. The building's historical significance and prime location in Almira, WA, combine to create a truly exceptional opportunity to own a piece of local history and shape its future. This is a rare chance to acquire a substantial property at an attractive price point of $109,000. Don't miss this chance to transform this classic building into something truly special. The lot size is zero acres. The property is classified as General Commercial.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1900
Total area 3,120 SF
APN 101022005000
UPID US90-1847092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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