Technical
Financial
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Property profile

320 Ctr Ave Northport, WA 99157

OFF-MARKET
Office buildings
Property ID
US90-0154762
1,141 SF 0.34 ac lot Built 1957
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 320 Center Ave in downtown Northport, WA, presents a unique investment opportunity. Boasting 0.34 acres of land and highway frontage on Highway 25, this building offers high visibility and convenient access. The property features a versatile layout, ideal for a variety of businesses. Currently configured as a multi-use space, the building includes a two-station hair salon, three separate office spaces, and a retail area with a drive-up window – previously used as a coffee shop. A full bathroom with a shower and a dedicated laundry room add to the functionality. Recent renovations have significantly enhanced the property's appeal. These upgrades include custom woodwork throughout the building, a brand-new furnace, and a recently installed hot water tank. Furthermore, the entire septic system was completely replaced in June 2023, ensuring long-term operational efficiency and peace of mind. The property's prime location, combined with its modern amenities and versatile design, makes it an attractive prospect for both established businesses and entrepreneurs seeking a thriving commercial space in the heart of Northport. The asking price is $325,000. This is a rare opportunity to acquire a well-maintained, updated commercial building in a desirable location.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1957
Total area 1,141 SF
Lot 0.34 ac (15,002 SF)
APN 391200
UPID US90-0154762

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
  • Alternative Medicine Practice Spa & Massage Center

Location

320 Ctr Ave Northport, WA 99157
Northport metro Census 950101 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
2009
Price N/A

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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