1705 2Nd StCheney, WA 99004

Property Details for 1705 2Nd St

Year built

1971

Lot size

0.24 AC

Property size (Sq ft)

2,606 SF

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

13124.4203

APU

131244203

Description

This exceptional value-add opportunity presents a vacant, two-story, 2,606 square foot convenience store located at 1705 2nd St, Cheney, WA 99004. The property sits on a 0.21-acre lot in Spokane County and is priced at $700,000, translating to $268.61 per square foot. The building, constructed in 2024, boasts a Class C rating and is currently vacant, presenting a blank canvas for a new owner. The layout includes retail space on the ground floor and vacant office space on the second floor. This property enjoys a highly visible location on a major thoroughfare, offering significant potential for growth and return on investment. The building consists of one structure with two stories. Owner financing and lease-to-own options may be available, making this an attractive proposition for various investment strategies. This is a rare chance to acquire a well-situated property with substantial upside in a thriving market. The property's recent renovation in 2024 ensures modern amenities and reduced upfront maintenance costs. Serious inquiries are encouraged.

Location Insight

City

Cheney

County

Spokane

State

Washington

Latitude

47.4966

Longitude

-117.565

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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