For Sale
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Property summary
This exceptional commercial property, located at 400 NE Colorado Street in Pullman, Washington, 99163, presents a unique investment opportunity. Situated directly adjacent to the Washington State University campus, this three-story plus basement building boasts approximately 4,500 square feet per floor, totaling a substantial amount of space. Originally constructed in 1996, this Class A fraternity house has been meticulously maintained. The main level features a grand living room with a gas fireplace, a formal dining hall, and a commercial-grade kitchen complete with a walk-in cooler, freezer, and pantry. Access to expansive decks on the north and west sides enhances outdoor entertainment options. Each floor includes multiple bathrooms, and the second and third floors offer 26 bedrooms and a large study/library with access to a separate deck. The basement provides an enormous recreation room, chapter room, maintenance and equipment rooms, an office, and laundry facilities. Additional features include a hydraulic elevator, a comprehensive fire suppression system, security access with cameras, and two interior staircases. The HVAC system is a hot and chilled water system. Exterior amenities include a full-size concrete basketball court, built-in brick twin gas BBQ grills, and parking for 21+ vehicles, all offering stunning city and Palouse views. The attic provides ample storage, and a bell tower adds architectural character. The seller is willing to finance up to $1.5 million for a qualified buyer. MLS# 275367.
Property profile
VerifiedCap rate & NOI
Current use
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Volunteer Organization Community Center
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Volunteer Organization Community Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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