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Cheney, WA

Restaurants

Cheney, WA Restaurants for Sale

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Medical Lake, WA Spokane, WA Spangle, WA Airway Heights, WA Edwall, WA Valleyford, WA

Remodeled Mexican Restaurant With Patio

Updated: Apr 12

Remodeled Mexican Restaurant With Patio

505 2nd St, Cheney, WA 99004

Contact for pricing

Popular Cheney Mexican restaurant for sale, offered with both the real estate and business opportunity
Building has been completely remodeled, including a new roof, flooring, ceiling, furniture, and decor
Includes bar seating and an outside patio
Building is on the historic register
Close to Eastern Washington University and accepts EWU meal tickets

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 1 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Airway Heights NNN Investment Opportunity

Airway Heights NNN Investment Opportunity

12421 W Sunset Hwy, Airway Heights, WA

Contact for pricing

2,845 sqft 1.14 AC lot

Single-tenant NNN Zip’s Drive-In with over 14 years remaining.

Standalone Drive-Through Restaurant

Standalone Drive-Through Restaurant

2703 N Division St, Spokane, WA 99207

$1,100,000

Single-tenant commercial building with GC-70 zoning, frontage, and access to Division Street traffic.

NNN Zip’s Drive-In For Sale

NNN Zip’s Drive-In For Sale

12421 W Sunset Hwy, Airway Heights, WA 99001

Contact for pricing

2,845 sqft

Single-tenant NNN Zip’s Drive-In with over 14 years remaining on lease.

Mixed-Use Property with Commercial Kitchen

Mixed-Use Property with Commercial Kitchen

1427 W 6th, Spokane, WA 99204

Contact for pricing

Includes a main house, rented duplex, and commercial kitchen supporting an operating business.

Off-Market Properties in Cheney, WA

Consider similar Off-Market properties in Cheney, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

809 1st St

RESTAURANT

809 1st St, Cheney, WA 99004-1703

$365,000

Estimated value

6,264 sqft 0.36 AC lot

406 1st St

RESTAURANT

406 1st St, Cheney, WA 99004-5166

$280,000

Estimated value

4,400 sqft 0.10 AC lot

508 1st St

RESTAURANT

508 1st St, Cheney, WA 99004-1603

$320,000

Estimated value

1,436 sqft 0.05 AC lot

2630 1st St

DRIVE-THRU RESTAURANT, FAST FOOD

2630 1st St, Cheney, WA 99004-2030

$535,000

Estimated value

1,740 sqft 0.28 AC lot

2626 1st St

DRIVE-THRU RESTAURANT, FAST FOOD

2626 1st St, Cheney, WA 99004-2030

$295,000

Estimated value

2,108 sqft 0.84 AC lot

317 1st St

RESTAURANT

317 1st St, Cheney, WA 99004-1505

$325,000

Estimated value

4,000 sqft 0.10 AC lot

1204 1st St

RESTAURANT

1204 1st St, Cheney, WA 99004-1802

$340,000

Estimated value

1,256 sqft 0.28 AC lot

48 Simpson Pkwy

RESTAURANT

48 Simpson Pkwy, Cheney, WA 99004-2031

$385,000

Estimated value

424 sqft 0.46 AC lot

723 1st St

RESTAURANT

723 1st St, Cheney, WA 99004-1701

$210,000

Estimated value

1,564 sqft 0.26 AC lot

321 1st St

RESTAURANT

321 1st St, Cheney, WA 99004-1505

$245,000

Estimated value

4,000 sqft 0.10 AC lot

407 1st St

BAR, TAVERN

407 1st St, Cheney, WA 99004-1601

$315,000

Estimated value

4,270 sqft 0.05 AC lot

405 1st St

RESTAURANT

405 1st St, Cheney, WA 99004-1601

$295,000

Estimated value

2,270 sqft 0.08 AC lot

122 College Ave

BAR, TAVERN

122 College Ave, Cheney, WA 99004-1621

$280,000

Estimated value

3,500 sqft 0.11 AC lot

24 1st St

RESTAURANT

24 1st St, Cheney, WA 99004-1439

$295,000

Estimated value

1,500 sqft 0.10 AC lot

1011 1st St

RESTAURANT

1011 1st St, Cheney, WA 99004-1707

$285,000

Estimated value

6,000 sqft 0.52 AC lot

505 2nd St

RESTAURANT

505 2nd St, Cheney, WA 99004-1605

$295,000

Estimated value

4,460 sqft 0.27 AC lot

911 1st St

DRIVE-THRU RESTAURANT, FAST FOOD

911 1st St, Cheney, WA 99004-1705

$285,000

Estimated value

2,950 sqft 0.31 AC lot

1106 1st St

RESTAURANT

1106 1st St, Cheney, WA 99004-1710

$285,000

Estimated value

2,352 sqft 0.21 AC lot

115 College Ave

Restaurants

115 College Ave, Cheney, WA 99004

Value Estimation by Request

5,010 sqft

115 Betz Rd

RESTAURANT

115 Betz Rd, Cheney, WA 99004-9630

$275,000

Estimated value

420 sqft 1.06 AC lot

2816 1st St

DRIVE-THRU RESTAURANT, FAST FOOD

2816 1st St, Cheney, WA 99004-2003

$260,000

Estimated value

3,527 sqft 0.54 AC lot

412 1st St

BAR, TAVERN

412 1st St, Cheney, WA 99004-1602

$185,000

Estimated value

1,600 sqft 0.04 AC lot

2324 1st St

DRIVE-THRU RESTAURANT, FAST FOOD

2324 1st St, Cheney, WA 99004-2046

$410,000

Estimated value

3,256 sqft 1.12 AC lot

Cheney, WA Restaurants Market Trends and Statistics

Explore 25 restaurants for sale in Cheney, WA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +10.0%

Median Household Income $62,014

College Educated 49.8%

Taxes & Financing

Tax Rate (average for all types) 0.82%

Property Tax per SF $9.07 per SF

Tax Rate vs County Average 0.04 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spokane County

Office

Property Size Breakdown

The majority of commercial real estate listings in Cheney fall within the 2,500 to 5,000 square foot range.

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