305 Grand Ave Pullman, WA 99163-3166
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.