1095 Bishop BlvdPullman, WA 99163

For Sale
$3,000,000 View listing
  • Turn key restaurants
  • 7,344 SF

Property Details for 1095 Bishop Blvd

Year built
2005
Construction
STEEL FRAME
Lot size
1.35 AC
Property size (Sq ft)
7,344 SF
Property type
Turn key restaurants
APN
815530000000013
APU
815530000000013

Description

This exceptional commercial property in Pullman, Washington presents a unique investment opportunity. The 8,000 square foot building boasts a brand-new, 4,940 square foot dental office, completely renovated in 2019 with over $2 million in improvements. This modern space is immediately ready for occupancy. An additional 3,125 square feet of shell space offers significant potential for expansion or a second tenant. Customize this area to perfectly suit your business needs. The property benefits from a high-traffic location on a busy road, sharing access with a major local anchor tenant, ensuring high visibility and accessibility. A newly installed 4x8 digital reader board provides excellent advertising potential. The expansive 1.34-acre lot offers ample space for future development or expansion. This versatile property is ideal for an expanding business seeking to establish a strong presence in the growing Pullman market or for an investor looking for a high-return opportunity. The asking price is $3,000,000. This is a rare chance to acquire a well-located, high-quality commercial property with significant upside potential. Don't miss this opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,199,802
    6.5%
    $2,030,586
    7%
    $1,885,544
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,945,852
    Geo Method
    $3,945,852
  • Alternative Use

    Use
    Valuation
    Residential
    $1,712,876
    Hospitality
    $1,568,985
    Educational
    $1,305,377
    Medical
    $1,350,271
    Retail
    $2,030,586
1095 Bishop Blvd, Pullman, Washington

Location Insight

City
Pullman
County
Whitman
State
Washington
Latitude
46.7138
Longitude
-117.164
CBSA code
39420
CBSA name
PULLMAN, WA MICROPOLITAN 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
2024
$38,988
$440,715
$2,345,980
$2,786,695
-
$440,715
$2,345,980
$2,786,695

FAQs

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