704 W 1St Ave Ritzville, WA 99169
For Sale
1 / 8
This expansive commercial property, located at 704 W 1st Avenue in Ritzville, Washington, presents a significant investment opportunity. Situated on five contiguous lots, this substantial building offers considerable versatility and high potential for a variety of commercial uses. Currently configured and utilized as a contracting base and swap meet venue, the property's adaptability allows for a wide range of future applications. Its strategic location next to a grocery store ensures high visibility and convenient access for customers and employees. The building's size (exact square footage not provided) provides ample space for expansion or subdivision, catering to diverse business needs. The five-lot configuration offers significant potential for future development or expansion of existing operations. This property is priced at $500,000 and represents a rare chance to acquire a substantial commercial asset in a thriving community. Further details regarding the building's specifications and layout are available upon request. Serious inquiries only. This is a unique opportunity to acquire a substantial commercial property in a prime location. Don't miss out on this exceptional investment prospect.
-
Ritzville Swap Meet (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.