135 E 1ST AVE, COLVILLE, WA 99114 (MLS# 46336)

Overview

Description

Unlock an incredible investment opportunity with this thoughtfully preserved, mixed-use architectural masterpiece. Rooted in local history, this property bridges Stevens County's proud heritage with its vibrant economic future. Recognized for its immense cultural value and iconic period storefront features, this building served for decades as a bustling retail and professional epicenter during Colville's transition into a booming timber, agricultural, and mining hub. Today, it stands upgraded, meticulously maintained, and is ready for its next chapter. Boasting 4 immaculate, easy-to-manage apartments featuring stable, long-term tenants, as well as 3 prime commercial units and includes an expansive Owner/Operator space on the main floor and Mezzanine that is ready for your business!

Location, Tax & Legal

County: Stevens
Area: S1 - Colville
St #: 135
St Dir Prefix: E
Street Name: 1ST
St Sfx: AVE
State/Province: WA
Zip Code: 99114

Contract Information

Price: 989000
Sign: No
Assumable: No

Property Information

Type: Apartment Complex
Realtor.COM Type: Multi Family
Approx Total SqFt.: 8400
Style: Contemporary
Stories: 4
Lot Dimensions: 120x95
# of Acres: 0.1
# Units: 7
Construction: Masonry
Year Built: 1909

Income

Annual Gross Rent: 84000
Vacancy %: No

Expense 1

Insurance: 5700
Utilities: 10299.16
WSG: 6093.07
Repairs/Maint: 194.4

More Information

Basement

Remarks: TALL CEILINGS
Unfinished: Yes
Walk-Out Access: Yes

Roof

Remarks: Sunveck FoamCylicone
Flat: Yes

Utility Providers

Electric: Avista
Garbage: Sunshine Disposal
Sewer: City of Colville
Water: City of Colville

Parking

Remarks: rented spaced includ
Alley Access: Yes
Assigned: Yes
Lighted: Yes
Off Street: Yes

Showing Instructions

Remarks: Call Alex 2062292049
Call Listing Agent: Yes
No Sign: Yes

Terms

Remarks: POSSIBLE owner terms
Cash: Yes
Conventional: Yes
Owner Finance: Yes
1031 Exchange: Yes

Location Tax & Legal

Taxes: $4,645
Tax Yr: 2026
Special Tax Class: No
Mapping: Stevens County MM
Nearest Town: Colville
Miles/Nearest Town: 0
Parcel #: 0006800
Section: 9
Township: 35
Range: 39
Legal: COLVILLE ORIGINAL S 5' LOT 9 BLK 8; LOT 10 BLK 8 COLVILLE ORIGINAL
Title Co: Stevens County Title
Title Co. Order #: 2645096
Closing Agent: Mcgrane/Schuerman
HOA: None

Remarks & Misc

Hot Sheet Comment: new
Directions: From Main St go east on 1st. Building on North side of 1st. Plenty of street parking.

Utilities

Public Sewer: Yes
Public Water: Yes

Foundation

Basement: Yes
Concrete Perimeter: Yes

Internet Access

DSL: Yes
Satellite: Yes

Siding

Brick: Yes

Heating

Baseboard: Yes
Electric: Yes
Forced Air: Yes
Heat Pump: Yes
Natural Gas: Yes

Cooling

Central Air: Yes
Electric: Yes
Window Unit(s): Yes

Common Amenities

Handicap Access: Yes
Internet: Yes
Laundry Facility: Yes
Security Lighting: Yes
Water Softener: Yes

Water Heater

Electric: Yes

Electric Service

400 Amp: Yes
Breakers: Yes
See Remarks: Yes

Documents On File

Exhibit A: Yes
Seller Disclosure: Yes
Title Work: Yes

Site Improvements

Alley: Yes
Curbed: Yes
Paved: Yes
Sidewalks: Yes

Grounds

Level: Yes

Auto Storage Type

Off Street: Yes

Schools

Colville: Yes

Lock Box

Call Listing Office: Yes
Other: Yes
See Remarks: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes
See Remarks: Yes

Property Features

Basement: Unfinished; Walk-Out Access Foundation: Basement; Concrete Perimeter Siding: Brick Roof: Flat Common Amenities: Handicap Access; Internet; Laundry Facility; Security Lighting; Water Softener Heating: Baseboard; Forced Air; Heat Pump; Natural Gas Cooling: Central Air; Electric; Window Unit(s) Water Heater: Electric Electric Service: 400 Amp; Breakers; See Remarks Utilities: Public Sewer; Public Water Internet Access: DSL; Satellite Site Improvements: Alley; Curbed; Paved; Sidewalks Grounds: Level Parking: Alley Access; Assigned; Lighted; Off Street Auto Storage Type: Off Street Lock Box: Call Listing Office; Other; See Remarks Showing Instructions: Call Listing Agent; No Sign Documents On File: Exhibit A; Seller Disclosure; Title Work Schools: Colville Terms: 1031 Exchange; Cash; Conventional; Owner Finance Possession: Negotiable; Subject To Tenant Rights; See Remarks

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