22111 Elk Chattaroy RdColbert, WA 99005

Property Details for 22111 Elk Chattaroy Rd

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.2-acre commercial land parcel, located at 22111 N Elk Chattaroy Rd, Colbert, WA 99005 (APN 37101.9083), presents a unique investment opportunity. Currently zoned LDAC (Limited Development Area Commercial), this property enjoys a highly desirable location along Highway 2, boasting the distinction of being the only commercially zoned land within an 8-mile radius between Colbert and Chattaroy. The asking price is $1,400,000. This strategic positioning offers unparalleled visibility and accessibility for a wide range of commercial ventures. The property's potential is further enhanced by pre-approved development plans for luxury garage condos. Phase 1 permits are already secured and paid for, allowing for immediate commencement of construction should the buyer choose this route. This turnkey opportunity combines the benefits of a prime location with the convenience of readily available development plans, making it an ideal investment for both seasoned developers and astute entrepreneurs seeking a high-return venture in a rapidly growing area. The property's latitude and longitude coordinates are 47.8585867761721 and -117.3550841083285 respectively. This is a rare chance to acquire a strategically located commercial property with significant development potential in Spokane County, Washington.

Location Insight

City

Colbert

County

Spokane

State

Washington

Latitude

47.8586

Longitude

-117.355

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