Property profile

305 Grand Ave Pullman, WA 99163

OFF-MARKET
Commercial land
Property ID
US90-2748458
0.63 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Whitman County commercial property, known as "The Lumberyard," presents a unique investment opportunity. Comprising two buildings totaling 17,475 square feet on a 0.78-acre lot, this C-3 zoned property offers versatile space ideal for retail or restaurant ventures. Built in 1960, the buildings boast a distinctive Quonset hut design. Currently, the entire 17,475 square feet is vacant and available for lease or sale. Flexible space options range from a minimum of 1,340 square feet to a maximum contiguous space of 11,470 square feet, catering to various business needs. The property includes a fully equipped commercial kitchen, a walk-in freezer, two full bars, and ample outdoor space featuring a patio, playground, and family entertainment area. Adding to its appeal is a 2-bedroom Airbnb unit integrated into the complex, offering additional income potential. This property's unique features, combined with its prime location and flexible space options, make it an attractive proposition for discerning investors and entrepreneurs seeking a high-impact commercial space. The property's multiple tenancy capability allows for diverse business models and potential for synergistic partnerships. Don't miss this chance to acquire a truly distinctive commercial property with significant upside.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.63 ac (27,606 SF)
APN 814700000000256
UPID US90-2748458

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Sports School
  • Housing Authority
  • Restaurant
  • Restaurant

Location

305 Grand Ave Pullman, WA 99163-3166
Pullman metro Census 202 PULLMAN, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

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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