Industrial Warehouse

Industrial for Sale
Catylist Listing ID: 30831726
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 68,000 SF
Gross Building Area: See Agent
Sale Price: $3,900,000
Unit Price: $57.35 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/25/2023

Overview / Comments

68,000 square foot industrial building, located in the Spokane Valley on Main and Havana. Half of the building has been upgraded with the other half in shell stage. There are two suites of approx. 7,000 sf that were recently remodeled as well. The building is situated on 6.1 acres (4 separate parcels) with secured perimeter fencing. New gas heaters, 800 amps of 480v 3 phase power with capacity to double to 1600 amps. There is also rail access, but it needs improvements.

Additional Details

Nearest MSA: Spokane-Spokane Valley
County: Spokane
Tax ID/APN: 35154.4805
Zoning: HEAVY INDUSTRIAL
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Average
Year Built: 1970
Year Renovated: 2022
Roof Type: Arched
Parking Type: Structure, Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,492 95,562 236,862
Median Age: 35.95 35.03 36.46
Households: 2,689 38,169 99,388

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