405 W Walnut St - Storefront Retail/Office FOR SALE


Newport, WA 99156
$425,000 USD
509-606-5055
405 W Walnut St, Newport, WA for Sale
$425,000 USD
Storefront Retail/Office - FOR SALE
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405 W Walnut St
Newport, WA 99156


HIGHLIGHTS

  • Owner/user opportunity featuring four commercial bays with flexible office/retail layouts
  • Prominent corner location on Walnut Street with strong visibility and pylon signage exposure
  • Ample paved on-site parking with easy access for customers and staff
  • Investment upside through leasing vacant bays or adjusting rents toward market rates

OVERVIEW

This 4,104 SF four-bay strip center offers an excellent owner-user or value-add opportunity. Zoned C-1, the property supports flexible office and retail uses, features prominent signage and paved on-site parking, and provides upside through lease-up of the vacant suite and potential rent growth. Positioned in Newport’s Central Business District, 405 W Walnut Street features a high-visibility corner location with approximately 6,056 vehicles per day along Walnut Street & Washington Ave intersection. Surrounded by established downtown businesses and just 47 miles from Spokane via Highway 2, the property offers strong access and long-term commercial appeal.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Commercial

APN/PARCEL ID

463118-52-0054

ASK ABOUT THIS PROPERTY

Drew UlrickTOK CommercialMore Info
509-606-5055

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Drew UlrickTOK CommercialMore Info
509-606-5055

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