12825 14Th AveAirway Heights, WA 99001

  • Retail properties
  • 2,800 SF
For Sale
$5,138,640 View listing

Property Details for 12825 14Th Ave

Year built
1978
Lot size
4.94 AC
Property size (Sq ft)
2,800 SF
Property type
Retail properties
Property subtype
Parking lots & garages
APN
15261.1907
APU
152611907

Description

This exceptional free-standing commercial building, totaling 49,410 square feet, presents a unique investment opportunity in Airway Heights. Ideally situated on Highway 2 in the downtown area, this property boasts a prime location just 2.6 miles from Fairchild Air Force Base, providing access to a substantial consumer base of approximately 11,868 active-duty personnel, Air National Guard members, dependents, and civilian employees, along with an additional 814 households. Originally constructed in 1978 and renovated in 1986, the building sits on a generous 4.94 acres of land and is zoned C-1 Light Commercial, allowing for a diverse range of uses including commercial, financial, retail, personal services, restaurants, professional and medical offices, entertainment, and hotels. The property features two loading docks and ample parking, including a large striped parking lot in front and a gravel lot behind the building. A significant value-add opportunity exists with an additional 2,800 square feet of fenced storage space located in a garage behind the main building. Currently, a portion of the building is available for lease, with a minimum divisible space of 20,000 square feet. This presents a rare chance to acquire a substantial retail space in a high-traffic area with strong potential for growth and diverse tenant possibilities. The APN is 15261.1907.

12825 14Th Ave, Airway Heights, Washington

Location Insight

City
Airway Heights
County
Spokane
State
Washington
Latitude
47.6419
Longitude
-117.59
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,978
$645,560
$1,770,300
$2,415,860
-
$645,560
$1,770,300
$2,415,860

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