135 E 1st Avenue, Colville, WA 99114

Colville
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: alex matthews
Office: ken barcus realty509-685-1100
MLS#:2600677
Source:NWMLS
135 E 1st Avenue,Colville, WA 99114
$989,000
  • - Beds
  • - Baths
  • 14,301 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$989,000
  • Price per sq. ft.:$69.16

About this home

Wonderful investment opportunity with this iconic mixed-use masterpiece! Great building with 3 commercial spaces and 4 fully rented residential apartments with a cap rate holding 6% even with under market rents! Recognized for its immense cultural value and iconic period store front 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, maintained, and is ready for its next chapter. Boasting immaculately clean, easy to manage apartments that featuring stable, long-term tenants, as well as 3 prime commercial units. The large retail space currently homes RE LEE Shoes which seeks a new owner operator OR can be offered vacant. (Business and inventory are for sale separately.) Owner is open to SELLER FINANCING upon approval.

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Home facts

  • Year built:1909
  • Subdivision & Development:Colville
  • Listing ID #:2600677
  • Updated:November 09, 2026 at 01:02 PM

Rooms and interior

  • Flooring:Ceramic Tile Floor, Hardwood, Softwood
  • Living area:14,301 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof, Torch Down
  • Year built:1909
  • Building area:14,301 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Alley, Corner
  • Construction Materials:Brick Exterior Finish

Schools

  • High school:Colville Snr High
  • Middle school:Colville Jnr High
  • Elementary school:Hofstetter Elem

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$989,000
  • Price per sq. ft.:$69.16
  • Tax amount:$4,770 (2026)

Parking

  • Total parking spaces:7
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