SQUARE FEET9,600
MLS#202620912
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLCheney
Property Description
Cash flowing 11 unit apartment building in the heart of Cheney, home to Eastern Washington University. The unit mix (seven1-bed/1-bath, four 2-bed/1-bath) is perfectly suited to the steady demand of a college town. This is a low-maintenance investment from day one: newer roof, updated vinyl siding and windows, concrete walkways, and off-street parking mean fewer surprises and lower carrying costs. Rents are still under market, leaving real upside for a new owner to step in and capture immediate value. With Cheneys tight rental market and major new business growth on the West Plains driving long-term demand. Dont wait, cash flowing, college town assets like this dont last.
Property Features
Property Type: Commercial - Business
Basement: None
Heating: Electric, Baseboard
Lot Size: 0.19 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $12,672
Year Built: 1970
Feature Descriptions
Exterior: Brick, Vinyl Siding
Heating/Cooling: Electric, Baseboard
Loading Dock: 0
Parcel#: 13131.0506
Parking Space(s): 0
Road Frontage: Paved Road, City Street
Special View Info: City
Local Schools
School District: Cheney
Listed By / Shown By
Listed By
Agency Name: Keller Williams Spokane - Main
Shown By
Agent Name: Vicki Kircher
Agent Phone: (509) 714-6070
Agency Title: Coldwell Banker Tomlinson
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1115 1st St | MLS# 202620912
This commercial property located at 1115 1st St, Cheney, WA 99004 is currently listed for sale with an asking price of $1,200,000. 1st St is located within the Cheney school district. Search Cheney real estate on vkircher.cbspokane.com today.