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Virtual Tour
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$3,699,000

For Sale

17 days ago

12525 W Sunset Hwy, Airway Heights, WA

House

MLS® 2503550

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 17
Lot Size 
Approx. Age 
MLS® Number 2503550

Property Address: 12525 W Sunset Hwy, Airway Heights, WA, 99001-9457

Average square foot calculated using Size range provided by listing agent.

Description

FLEXIBLE OWNER FINANCING WITH LARGE DOWN PAYMENT, PRICED TO SELL. 2024 proforma financials show gross income of $761, 799, net income of $458, 818, and a 12.07% cap rate. 2023 financials show gross income of $805, 977, net income of $502, 218, and a 13.22% cap rate. This is a 51-unit All Seasons Mobile Home & RV Park and Motel situated on 4.17 acres, including 15 park-owned single wides, one park-owned double wide, 10 RV spaces, and a motel consisting of one single-room unit and 23 double-room units. Additional income-producing improvements include a 2, 400 sq ft warehouse and a used car lot. Zoned C1-A commercial with strong redevelopment potential for retail, office, motel, automotive center, restaurants, and more, with a maximum building height allowance of 45 feet (buyer to verify all development possibilities and applications with city). City water and sewer are in place. Recent capital improvements include a $40, 000 motel roof replacement and addition of 10 RV spaces in 2016, approximately $300, 000 invested in new sewer lines and hookups for motel and mobile/RV units in 2017–2018, and a $25, 000 road upgrade completed in 2023. Adjacent vacant lot is also available for $599, 900. Property is conveniently located near Fairchild Air Force Base, Spokane International Airport, and the new Amazon facility, offering strong demand drivers for both current operations and future redevelopment potential.
MLS® Number2503550
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$3,699,000List Price
  • Commute

Commute

Starting Address
Destination Address
12525 W Sunset Hwy, Airway Heights, WA

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