1105 Basin StEphrata, WA 98823

Property Details for 1105 Basin St

Year built

1952

Lot size

0.22 AC

Property size (Sq ft)

2,338 SF

Property type

Investment properties

Property subtype

Live-work space

APN

141158000

APU

141158000

Description

This Ephrata, WA commercial property at 1105 Basin Street SW offers a unique investment opportunity. The building features two commercial spaces on the main floor and a 1000 square foot, two-bedroom, one-bathroom apartment on the upper level. Suite A (North), a 1584 square foot retail space with an additional 336 square feet of warehouse space, is currently leased. This suite boasts central air and heat, and received new flooring and paint in December 2021. Suite B (South), formerly a restaurant, is vacant and offers 754 square feet of restaurant space and 1326 square feet of warehouse space. The only remaining equipment is a hood with fire suppression. A new split duct system was installed in September 2019. The upper-level apartment has been vacant for over ten years and requires some renovation. Extensive exterior improvements were completed in July 2019, including new commercial and apartment windows, new siding and roofing material, concrete block/mortar repair, and exterior paint. Further enhancing the property's value, a new 60-mil TPO roof was installed in August 2024. This multi-use building presents a compelling opportunity for investors seeking a blend of income-generating retail space and potential for future development of the vacant restaurant and apartment spaces. The property sits on a 0-acre lot and is priced at $395,000.

Location Insight

City

Ephrata

County

Grant

State

Washington

Latitude

47.3107

Longitude

-119.559

CBSA code

34180

CBSA name

MOSES LAKE, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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