1405 W Half Moon Rd, Colbert, WA 99005
1405 W Half Moon Rd, Colbert, WA 99005
1405 W Half Moon Rd, Colbert, WA 99005
1405 W Half Moon Rd, Colbert, WA 99005
1405 W Half Moon Rd, Colbert, WA 99005
1405 W Half Moon Rd, Colbert, WA 99005
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$ 1,300,000
Est. payment | /mo

14,120 SqFt


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$ 1,300,000
Est. payment | /mo
Save

14,120 SqFt

Key Details

Property Type Single Family Home, Commercial

Sub Type Business, Bld & Land

Listing Status Active

Purchase Type For Sale

Square Footage 14,120 sqft

Price per Sqft $92

MLS Listing ID 26-10239

Style Warehouse

Year Built 2016

Annual Tax Amount $8,762

Tax Year 2025

Lot Size 9.440 Acres

Acres 9.44

Lot Dimensions 411,206 sq ft

Property Sub-Type Business, Bld & Land

Source Coeur d'Alene Multiple Listing Service

Property Description

What if your next investment offered proven cash flow today--and room to grow tomorrow? This 100% occupied storage complex sits on approximately 10 acres and generates nearly $130,000 in annual gross rental income with NOI just shy of $120,000. The property includes 27 units, highlighted by a 3,600 SF building generating $2,500/month, a 1,800 SF unit generating $2,250/month, plus 24 approximately 300 SF storage units. With long-term tenants, virtually no vacancy history, and permits already in place for additional expansion, the upside here goes well beyond today's income. Proven performance, substantial acreage, and the ability to expand well into the future--how often do you find all three in one investment?

Location

State WA

County Spokane

Area Washington Counties

Zoning STA

Direction 395 North to Half Moon Rd, 1/4 of a mile to the west; property on south side of road.

Rooms

Basement None

Interior

Heating Electric, See Remarks

Equipment None

Exterior

Exterior Feature Lighting

Fence Fenced

View Territorial

Roof Type Metal

Building

Lot Description Open Lot, Level

Foundation Slab

Sewer Septic Tank

Water Well

New Construction No

Others

Tax ID 37072.9030

Listed by eXp Realty

Nearby Locations

Nina Girod

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(208) 416-8912

nina@teambrownrealty.com

250 Northwest Blvd STE 108, Coeur D'Alene, ID 83814, USA

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1405 W Half Moon Rd