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Property profile & analytics
OFF-MARKET
Day care centers

706 2Nd St Cheney, WA 99004

5,292 SF
Property ID
US90-0034093
Property summary
AI-generated overview

This 5,292 sq ft mixed-use building in Cheney, WA, presents a fantastic investment opportunity. Located just blocks from Eastern Washington University, this single-story property sits on a 10,000 sq ft lot and offers ample parking (10+ spaces). Previously used as fraternity housing and large group housing, it boasts potential for commercial office space. The main floor features a large dining hall, a spacious common/meeting area, and a kitchen equipped with commercial appliances (dishwasher, gas range, refrigerator). Abundant shelving and storage are also available. Heating is provided by four gas furnaces, and three water heaters serve the property. While the 13 bedrooms lack closets, four are on the main floor, one with an exterior door suitable for office use. Two bathrooms, one upstairs and one in the basement, offer multiple fixtures. The basement also houses a laundry room with hookups for two washers and dryers. The asking price is $550,000 ($103.93/sq ft). APN: 13131.1608.

Property profile
Verified
Property type Day care centers
Total area 5,292 SF
APN 13131.1608
UPID US90-0034093
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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