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200 Betz Rd 4,148 SF Retail Building Cheney, WA 99004 $850,000 ($204.92/SF)



EXECUTIVE SUMMARY
This offering presents a unique opportunity to acquire a well-established automotive business that is ideally suited for both owner/operators and passive investors, thanks to its flexible occupancy structure and strong operating performance.
The business is currently operated by a month-to-month tenant paying well-below-market rent, providing immediate cash flow for an investor buyer. The existing operator has expressed a willingness to remain in place on favorable terms following a sale, offering stability and continuity for an investment-focused purchaser. Alternatively, the tenant is also willing to vacate upon sale, creating a clean path for an owner/user to take over the space and operate their own concept.
- Well-located property in Cheney, WA, just minutes from Eastern Washington University and the Spokane Metro
- Convenient access to Highway corridors and local arterial routes
- Strong visibility and accessibility in a growing submarket
- Opportunity for value-add, repositioning, or long-term hold
- Parcel: 13121.0012 Land: ~25,947 SF
- Zoning: Cheney C-2: General Commercial
- +/- 3,348 Main Floor +/- 800 Mezzanine
- 3 Driveways, 6 drive through bays with overhead doors, 4 at 12’ high, and 2 at 14’ high
- Building Shop, Floor Drains, Waste Oil Heater, 400 AMP electrical 200 lb/ft load capacity in mezzanine level.
The business is currently operated by a month-to-month tenant paying well-below-market rent, providing immediate cash flow for an investor buyer. The existing operator has expressed a willingness to remain in place on favorable terms following a sale, offering stability and continuity for an investment-focused purchaser. Alternatively, the tenant is also willing to vacate upon sale, creating a clean path for an owner/user to take over the space and operate their own concept.
- Well-located property in Cheney, WA, just minutes from Eastern Washington University and the Spokane Metro
- Convenient access to Highway corridors and local arterial routes
- Strong visibility and accessibility in a growing submarket
- Opportunity for value-add, repositioning, or long-term hold
- Parcel: 13121.0012 Land: ~25,947 SF
- Zoning: Cheney C-2: General Commercial
- +/- 3,348 Main Floor +/- 800 Mezzanine
- 3 Driveways, 6 drive through bays with overhead doors, 4 at 12’ high, and 2 at 14’ high
- Building Shop, Floor Drains, Waste Oil Heater, 400 AMP electrical 200 lb/ft load capacity in mezzanine level.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,148 SF
Building Class
B
Year Built
2006
Price
$850,000
Price Per SF
$204.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.60 AC
Zoning
Retail
Parking
26 Spaces (6.27 Spaces per 1,000 SF Leased)
Frontage
153’ on Betz Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13121.0012 | Improvements Assessment | $652,900 |
| Land Assessment | $155,680 | Total Assessment | $808,580 |
PROPERTY TAXES
Parcel Number
13121.0012
Land Assessment
$155,680
Improvements Assessment
$652,900
Total Assessment
$808,580
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200 Betz Rd
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