405 MAIN STREET, COULEE CITY, WA

Others for Sale - $165,000


Agent Info

Heidi Bright
Coldwell Banker Danforth

Property Info

CIMLS#1161243
Location
  405 MAIN STREET
  COULEE CITY WA 99115
UpdatedJune 12th, 2024
TypeOthers
Price$165,000

Property Description

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/ 47 years of local ownership. 100% occupancy entire time & rent hasn't been raised in 30+ years! Fitness Center upstairs *equipmt included* earned upwards of $1500/mo, but Owner cut back due to retirement (curr. rent @ $300/mo = easy to increase). Over 100+ years of life celebrated here; from a movie theatre, bakery/deli, grocery, retail, library, & more. Roof is 12 years new. Electricity in Grant County is among the least expensive power cost in the State of WA.


Financials


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