115 NW State St - Loft/Creative Space FOR SALE


Pullman, WA 99163
$2,950,000 USD
509-599-6504
115 NW State St, Pullman, WA for Sale
$2,950,000 USD
Loft/Creative Space - FOR SALE
1/68
null | Request Cap Rate

115 NW State St
Pullman, WA 99163


OVERVIEW

Gladish presents a rare opportunity to acquire a large-scale downtown Pullman building that is now 100% vacant and ready for its next chapter. Located at 115 NW State Street, this historic property offers approximately 73,109 square feet on 3.16 acres with on-site parking, strong visibility, and immediate proximity to Washington State University, downtown services, and the broader Pullman market. Unlike a partially occupied asset constrained by existing tenants, Gladish offers a true blank-slate opportunity for an investor, developer, institution, or owner-user to reposition the property for redevelopment, phased re-tenanting, adaptive reuse, or a long-term strategic hold. The building’s size, layout, and central location create the potential for a wide variety of future concepts. The property is zoned C3 General Commercial, which supports a broad commercial framework and may accommodate a range of redevelopment strategies, subject to buyer verification with the City of Pullman. Possible future directions may include mixed-use commercial redevelopment, office or administrative conversion, educational or training uses, lodging or hospitality-oriented concepts, community-serving services, residential-over-commercial components, or other adaptive reuse strategies that align with downtown Pullman’s evolving needs. For buyers looking at Pullman’s long-term trajectory, Gladish offers the combination of scale, location, parking, and identity that is increasingly difficult to replicate. This is not simply a building to lease one suite at a time. It is an opportunity to reimagine a prominent downtown asset and create its next life.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.16 AC

LAND SF

137,650 SF

ZONING

Commercial

APN/PARCEL ID

108150056000000

ASK ABOUT THIS PROPERTY

Chris BornhoftSDS Realty, Inc.More Info
509-599-6504

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Chris BornhoftSDS Realty, Inc.More Info
509-599-6504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.