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Listing Details for 405 W Main Street, Coulee City, WA 99115

MLS #: 2408524

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Property Photo MLS #: 2408524
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.
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