12825 14Th AveAirway Heights, WA 99001

This exceptional investment opportunity presents a 49,410-square-foot former grocery store building situated on a 4.94-acre lot in Airway Heights, Washington. Located at 12825 W 14th Ave, this free-standing structure boasts a strategic location on Highway 2, offering high visibility and accessibility. Built in 1978, the property features two loading docks and ample parking, including a large paved lot in front and a gravel lot behind. A significant advantage is the inclusion of an additional 2,800-square-foot fenced storage garage. The asking price is $5,138,640, translating to $104 per square foot. The property is zoned C-1, allowing for a diverse range of commercial uses, including but not limited to retail, restaurants, professional offices, medical facilities, entertainment venues, and hotels. Its proximity to Fairchild Air Force Base (only 2.6 miles away), with its substantial population of active-duty personnel, dependents, and civilian employees, presents a compelling demographic advantage. The property's size and zoning offer significant value-add potential, and additional development land is also available. The existing lease expires in May 2025. This property represents a rare opportunity to acquire a substantial retail space in a high-growth area with strong potential for future development and returns. The APN is 15261.1907.