Provided by NWMLS, Listed by David M. Hilbert, 425-670-2000 at Real Estate 2000 Inc.

$3,599,000

12525 W Sunset Highway, Airway Heights WA, 99001

Price per sqftN/A

Property typeCommercial

Overview

Active

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 2503550

Interior Features

Basement: No

Exterior Features

Lot Size: 0.53 Acres

Other Property Details

55+/Senior Community: No

Provided by NWMLS, Listed by David M. Hilbert, 425-670-2000 at Real Estate 2000 Inc.

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/8/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/8/2026 at 2:55 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data last updated on 10/8/2026 at 2:55 PM UTC