Spence Hardware / True Value

Retail-Commercial for Sale
Catylist Listing ID: 30533712
Building Size (RSF): 40,000 SF
Gross Land Area: 4.15 Acres
Sale Price: $2,525,400
Unit Price: $63.14 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/17/2020

Overview / Comments

Spence Hardware (True Value) has been a strong member of the Moscow community for 24 years, with an extremely loyal customer base generating $6,000,000 is annual sales. This package offering includes the business (roughly valued at $1.2m) and real estate owned (roughly valued at $1.3m). 1401 S Blaine is home to Spence Hardware's Cub Cadet and Stihl dealership. This property is located at the signalized intersection of Blaine and Highway 8 (Troy Street) on the east side of Moscow. Contiguous to this component is a 20,000+/- SF leased True Value Ranch & Hardware store with an address of 915 E White Avenue. Here Spence Hardware has a favorable lease in place which includes a first right of refusal to purchase the property.

Additional Details

Nearest MSA: Moscow
County: Latah
Tax ID/APN: RPM00300010060
Zoning: COMMERCIAL
Total Number of Buildings: 3
Number of Stories: 1
Year Built: 1968
Total Parking Spaces: 100

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,370 22,847 24,391
Median Age: 28.84 28.61 29.69
Households: 3,910 8,711 9,334

Contact

Photograph of Listing Agent

Chad Burd

Kiemle Hagood
Not a member of NWCRE
Photograph of Listing Agent

Chris Schreiber

Kiemle Hagood
NWCRE Member
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