1207 Main StOthello, WA 99344

Property Details for 1207 Main St

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.27 AC

Property size (Sq ft)

1,993 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1-529-03-071-5211

APU

1529030715211

Description

This stunning, remodeled commercial building at 1207 E Main Street in Othello, Washington, presents a unique investment opportunity. Boasting a prime Main Street location, this property offers exceptional visibility and benefits from Othello's growth. The building features a beautifully designed interior, perfect for a variety of professional uses. Inside, you'll find six spacious treatment rooms or offices, ideal for medical practices, spas, or professional services. A large, inviting waiting area welcomes clients, complemented by a convenient utility room and a well-equipped kitchen or dispensary. The building's luxurious finishes create a pampered and comfortable atmosphere. A significant highlight is the downstairs art and wildlife gallery, adding a unique and attractive element to the property. Ample parking is available for clients and staff. The building's functionality and upscale aesthetic make it suitable for a wide range of businesses, including but not limited to spas, beauty practices, accounting firms, chiropractic offices, and dental practices. A 3D scan is available for a virtual tour, showcasing the property's impressive features. The asking price is $750,000. This is a rare opportunity to acquire a high-quality commercial property in a thriving community. The building's size is not specified in the provided information. The lot size is 0 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $406,107

  6.5%

  $374,868

  7%

  $348,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $424,928

  Geo Method

  $424,928

• Alternative Use

  Use

  Valuation

  Residential

  $464,837

  Hospitality

  $425,788

  Educational

  $354,251

  Medical

  $366,434

  Retail

  $551,056

Location Insight

City

Othello

County

Adams

State

Washington

Latitude

46.8265

Longitude

-119.157

CBSA code

36830

CBSA name

OTHELLO, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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