510 E Main Ave - Specialty FOR SALE


Chewelah, WA 99109
$1,375,000 USD
509-714-5071
510 E Main Ave, Chewelah, WA for Sale
$1,375,000 USD
Specialty - FOR SALE
1/53
null | Request Cap Rate

510 E Main Ave
Chewelah, WA 99109


HIGHLIGHTS

  • Distinctive residential & commercial property offering the rare opportunity to live, host, & generate income from one beautiful setting
  • Historic farmhouse, restored barn, open lawns, & scenic countryside create an exceptional place to call home
  • A compelling alternative for residential buyers who want more than a traditional home: acreage, character, existing income potential, & freedom
  • 3 unique, staged, short-term rental units provide immediate flexibility for guests, multigenerational living, or supplemental income; furniture neg.
  • Existing short-term rental operations offer the potential to help offset ownership costs while allowing a new owner to expand at their own pace
  • Well suited for an owner seeking a primary residence with room to develop an Airbnb, hospitality, event, retreat, or lifestyle business

OVERVIEW

Gathering Farms offers a rare opportunity to own a distinctive residential and commercial property while generating income through short-term lodging, hospitality, and events in the heart of the Chewelah Valley. At the center of the property is the nearly 100-year-old reimagined dairy barn, which has been transformed into a remarkable combination of residential, gathering, and hospitality space. The lower level includes 4 bedrooms with on-suite bathrooms, an additional parlor bathroom, and an open great-room concept with a chef’s kitchen. The upper hayloft provides expansive space for larger gatherings and could also support additional living or hospitality uses. Throughout, the property blends modern comfort with vintage character and offers flexible indoor and outdoor event capacity for up to 150 guests. Separate from the barn, the fully restored farmhouse is a 3-bedroom, 3-bath residence that can serve as an owner’s primary home, guest accommodations, or a short-term rental. Designed with both lifestyle and investment in mind, the property offers immediate income-producing potential through guest stays and events, while allowing a new owner to operate at their own pace and expand over time. The farmhouse, barn lodging, and additional guest spaces provide the potential for as many as 3 short-term rental units and year-round revenue. Additional land creates further possibilities for boutique lodging, future development, or resale as a separate asset. Gathering Farms is a rare blend of beauty, utility, and adaptability—where historic craftsmanship, residential living, hospitality, and long-term income potential come together in one remarkable property. **All furniture and event related equipment / items are considered personal property and are optional in the sale of the residential / commercial real estate.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

RB

APN/PARCEL ID

0287600

ASK ABOUT THIS PROPERTY

Barb PielliColdwell Banker Tomlinson South, Inc.More Info
509-714-5071

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Barb PielliColdwell Banker Tomlinson South, Inc.More Info
509-714-5071

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