5407 Chase Rd Newman Lake, WA 99025
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5407 Chase Rd
- Property type
- Commercial real estate
Description
Exceptional investment opportunity awaits in Newman Lake, Washington! This nearly 5-acre property, located at 5407 N Chase Rd, 99025, in the desirable Otis Orchards area, presents a multitude of possibilities. The property includes a comfortable 2-bedroom, 2-bathroom home, providing immediate income potential through rental. A substantial 60x32 steel-framed shop, complete with new 12x10 garage doors, offers ample workshop space or storage. Further enhancing its versatility, the property boasts an RV pad with independent utilities, a separate barn, carport, and additional storage sheds. The property is partially fenced (three sides), making it ideal for larger animals or horses. The land itself presents significant development potential, allowing for expansion or the construction of additional structures. This unique combination of existing structures and expansive land provides a rare opportunity for both immediate income generation and long-term appreciation. Don't miss this chance to acquire a truly exceptional property in a highly sought-after location. Lease on the existing home expires November 30, 2023. The asking price is $579,900.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newman Lake
- County
- Spokane
- State
- Washington
- Longitude
- -117.05287414833
- Latitude
- 47.706042256306
