445 E Cedar Blvd $375,000

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    445 E Cedar Blvd Othello, WA 99344

    • 0.66 Acres
    • Commercial/Industrial
    Listing# 1388510 | Active

    $375,000

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    Days On Market: 300 2 Views
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    Property Details

    OFFICE SPACE!!!! These amazing office buildings are located in the heart of Othello . Enjoy ample parking and great curb appeal. Operate in one building and rent the others. The possibilities are endless! Lease holders have a great rental history. Both buildings boast a total of 4,317 square feet for all your office needs. Both buildings are connected to extremely fast fiber and are beautiful inside. CAP rates are great!!

    • General Features
      • County Adams
      • Zoning Class Business, Office
      • Zoning Jurisdiction City
      • Style 73-Office
      • Approx Building SqFt 4,371
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 4,371
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Building Features
      • Exterior Brick, Wood Products
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Ceramic Tile, Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air, Heat Pump
    • Property Features
      • Lot Square Footage 28,895
      • Depth of Lot 0
      • Site Frontage 207
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 10505
      • Sewer Sewer Connected
      • Sewer Company City of Othello
      • Energy Source Electric
      • Power Company Avista
      • Number of Available Pads 0
    • Financials
      • Free and Clear Y
      • Vacancy Rate 0
      • Total SqFt Rented 4,371
      • Total Monthly Rent $4,200
      • Gross Rent Multiplier 8
      • Cap Rate -NOI div LP 8
      • Gross Scheduled Income $50,400
      • Gross Adjusted Income $50,400
      • Total Expenses $0
      • NOI $31,464
      • Electrical Expenses $0
      • Tax Expense $4,519
      • Heating Expense $0
      • Insurance Expense $2,712
      • Annual Assoc. Dues $0
      • Other Expenses $1,200
      • Tax Year 2018

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    Neighborhood

    99344 (Othello) Demographics

    26Median Age
    38Population Density (per sq. mile)
    16%College Educated
    $47,792 Estimated Median Income
    3,135Estimated Total Home Owners
    1,645Estimated Total Renters
    66% / 34%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    17,311Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $214,900 Median Sales Price
    7 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $375,000
        8/12/2019 8:21:07 PM Price Reduced Source New Value: $375,000 -6.23%
        11/20/2018 5:52:00 PM New in Database Source New Value: $399,900

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.