706 1st

Cheney, WA 99004

About this property

A rare investment opportunity. It is a unique combination of completely renovated Apartment (6 bdr/3bth, approx.2700 sq.ft, rented by room with a great rental income that brings approx. 2.9% cap rate, its 36% of the entire building) and Commercial Storefront/Retail/Office below in a prime location, 3 blocks from EWU and downtown. The showroom on the main floor has an open floor plan, approx. 4800 sq. ft, loading dock, 12+parking stalls and street parking will make these properties highly desirable among the growing population of more than 12,000 EWU students and closeness to the EWU campus, rapidly growing West Plains with Amazon fulfillment center, Medical Lake, golf courses and lakes, Fairchild AFB. Great owner user or investment opportunity. Ask your agent to provide the flyer with more info.

Date Listed
January 1, 2021
Listing Status
1
Days On Site
19
MLS#
202110032

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1954
Zoning
Square Feet
7,500
Units
0
Story(s)
2
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$790,000 1
7,500 SQFT

Presented By Coldwell Banker Commercial Schneidmiller Realty

Commercial

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Get in touch today! Phone: (208) 765-4300
Brokerage
Commercial
(208) 765-4300

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