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22718226
22718225

11 Spokane St, Wenatchee, WA 98801

CB
WA WA 2653
Center Investments, Inc.
Center Investments, Inc.
Listed by Center Investments, Inc.
$365,000
621 days on market
Updated 16 days ago

Go USA Building

Details
Property Type Office
Sub Type Creative Office
Square Footage 70,000
Net Rentable (SqFt) 1,343
Cap Rate 7.16%
NOI $26,147
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 2
Lease Expiration 03/31/2027
Remaining Term 0.8
Rent Bumps No
Lease Options none
Price per SqFt $272
Class B
Year Built 1919
Buildings 1
Stories 4
Acreage 1.330
Zoning SWBD
Parking Spaces 4 spaces
Parking Per SqFt 0.06
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 04/01/2025
Occupancy Date 04/01/2025
Sale Condition For sale by owner

Furnished Office Condo Investment

Marketing description

Excellent opportunity for small commercial investors. This mostly open floorplan includes a kitchenette and a private, corner office. Wonderful mountain and river views from this 3rd floor suite, which is only a few steps away from the elevator. The building exhibits a modern-industrial interior design, is immaculately maintained, inside & out through the COA (commercial owners association), and offers secured parking and a common conference room available to rent for use. Current lease term expires 3/31/2027.

*Seller will finance qualified buyers.

Listing Contacts

CB
WA WA 2653
Center Investments, Inc.
Center Investments, Inc.
Listed by Center Investments, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$26,147.00
$2,178.92/mo

Valuation Metrics

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DSCR
7.16%
Cap Rate
7.16%
ROI

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Additional Information

Name
Chaun Birks
License
WA 2653
Brokerage
Center Investments, Inc.
Title
Washington
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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