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Listing Details for 702 E Main Street, Othello, WA 99344

MLS #: 2381011

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Property Photo MLS #: 2381011
702 E Main Street, Othello, WA 99344
Listing Number:   2381011
Listing Price:   $748,000
Building Sq Ft:   4,884
Uncovered Parking:   12

Katz Realty, Inc.
509-725-1701
Courtesy:   RE/MAX Northwest
-= Property Details =-

Building
Year Built:   1965
Building Condition:   Good
Approx. Building Sq Ft:   4,884
Roof:   Flat
Exterior:   Brick, Cement/Concrete, Stone, Wood
Foundation:   Poured Concrete
Floor Covering:   Concrete, Hardwood, Vinyl, Carpet

Land
Lot Size:   9,135 Sq Ft
Lot Dimensions:   145 x 63
Lot Topography:   Level
Site Frontage:   145 Ft
Depth of Lot:   63 Ft
Boundary Survey:   No
Environment Survey:   No
Expansion Area:   No

Utilities
Energy Source:   Electric, Natural Gas
Power Company:   Avista Utilities
Water Source:   Public
Water Company:   City of Othello
Sewer:   Sewer Connected, STEP Sewer
Sewer Company:   City of Othello

Parking / Loading
Total Uncovered Parking:   12
-= Unit Details =-
Total Sq Ft Rented:   3,545
-= Financial Information =-
Income
Gross Scheduled Income:   $47,220
Total Monthly Rent:   $3,935

Expenses
Electrical Expense:   $3,633
Water/Sewer/Garbage:   $3,074
Insurance Expenses:   $2,492
Total Expenses:   $13,214
Total Expenses:   $13,214

Computation / Other
Free and Clear:   Yes
-= Location Information =-
Address:   702 E Main Street, Othello, WA 99344
City:   Othello
State:   
Zip Code:   99344
Latitude:   46.82587000
Longitude:   -119.16465500
Driving Directions:   In Othello, at the corner of Main Street and 7th Ave, look to the South East and there it is.
-= Community Information =-
Community Name:   Othello
-= Assessor Information =-
County:   Adams
Tax Number:   1529030716001
Block Number:   160
Zoning Jurisdiction:   City
Land Assessed Value:   $48,200
Improved Assessed Value:   $198,300
Total Assessed Value:   $246,500
Year Value Assessed:   2025.00
Tax Amount:   $2,640   Tax amount may change after sale.
Tax Year:   2024
-= Purchase Information =-
Listing Price:   $748,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing, Subject to Tenant Rights
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   2381011
Listing Status:   Active
Listing Office:   RE/MAX Northwest
Listing Date:   2025-06-23
MLS Area:   Adams County
Marketing Remarks:   Four PRIME Commercial Rentals in the Literal Center of Othello, Washington! This is where Main Street meets 7th Ave: One of the main intersections of Othello giving high exposure! Current Renters are a Hair Salon, Driving School, Lash Studio, & a Massage Therapist. Total SF is 4, 885 w/ 1, 340 SF unused separate Storage Area. Current leases w/ all tenants. 12 parking spots in the Front w/ 3-4 on Main St & 3-4 on 7th Ave. The exterior finish is concrete block w/ an updated flat roof cover. Built in 1965 w/ recent interior & exterior improvements! The building contains commercial carpet or wood and vinyl flooring throughout. Each unit contains its own HVAC system and a half bathroom. Better Hurry! (Shown by appointment to qualified Buyers).
-= 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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