405 W Main Street, Coulee City, WA 99115
Listing Number: 2408524
Listing Price: $165,000
Building Sq Ft: 5,016
Uncovered Parking: 3
Katz Realty, Inc.509-725-1701
Courtesy: Coldwell Banker Danforth
-= Property Details =-
Building
Features: Disabled Access, Signage Included, Storage
Year Built: 1909
Effective Year Built: 1986
Effective Year Built Source: See Remarks
Approx. Building Sq Ft: 5,016
Roof: Flat
Exterior: Brick, Stone, Wood
Foundation: Slab
Floor Covering: Hardwood, Carpet
Land
Lot Size: 3,872 Sq Ft
Lot Dimensions: 32'x121' Google Earth
Lot Size Source: Google Earth
Lot Topography: Level
Site Frontage: 32 Ft
Depth of Lot: 121 Ft
Utilities
Energy Source: Electric
Power Company: Grant County PUD
Water Source: Public
Water Company: City
Sewer: Sewer Connected
Sewer Company: City
Parking / Loading
Total Uncovered Parking: 3
-= Unit Details =-
Total Sq Ft Rented: 2,280
-= Financial Information =-
Income
Gross Scheduled Income: $9,000
Gross Adjusted Income: $9,000
Total Monthly Rent: $750
Expenses
Net Operating Costs: $2,155
Electrical Expense: $3,360
Water/Sewer/Garbage: $1,284
Insurance Expenses: $1,200
Total Expenses: $6,845
Computation / Other
Cap Rate (NOI / Listing Price): 1.30
Free and Clear: Yes
-= Location Information =-
Address: 405 W Main Street, Coulee City, WA 99115
City: Coulee City
State:
Zip Code: 99115
Latitude: 47.61086900
Longitude: -119.29337700
Driving Directions: Located on W Main Street in the heart of Coulee City, ample street parking available
-= Community Information =-
Community Name: Coulee City
-= Assessor Information =-
County: Grant
Tax Number: 070276000
Lot Number: 3
Block Number: 14
Zoning Jurisdiction: City
Land Assessed Value: $12,000
Improved Assessed Value: $114,805
Total Assessed Value: $126,805
Year Value Assessed: 2023.00
Tax Amount: $1,001 Tax amount may change after sale.
Tax Year: 2024
-= Purchase Information =-
Listing Price: $165,000
Potential Terms: Cash Out, Conventional
3rd Party Approval Required: None
Possession Allowed: Negotiable, See Remarks, Subject to Tenant Rights
Preliminary Title Ordered: Yes
-= MLS Listing Details =-
Listing Number: 2408524
Listing Status: Active
Listing Office: Coldwell Banker Danforth
Co-listing Office: Coldwell Banker Danforth
Listing Date: 2025-07-17
MLS Area: North Grant County
Marketing Remarks: Invest in small town America w/ rare opportunity to own a piece of history, fully remodeled 1985. Strategic location on Main Street, this iconic building in the heart of this lakeside town ~ a popular Vacation Destination at Banks Lake. The Coulee Community adores this building w/ 48 years of local ownership. Fitness Center upstairs *equipmt included* earned upwards of $1500/mo, but Owner cut back due to retirement (curr. rent @ $300/mo). Over 100+ years of life celebrated here; from a movie theatre, bakery/deli, grocery, retail, library, & more. Roof is 123 years new. Electricity in Grant County is among the least expensive power cost in the State of WA.
-= Multiple Listing Service =-
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.