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Street View
Listed by: Alex Matthews (206) 229-2049 | Ken Barcus Realty (509) 685-1100
$989,000
Monthly Est:$4,923
6 Beds
- 4 Baths
14,301sqft
135 E 1st Avenue, Colville, WA 99114
$989,000
$4,923/moEst:
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Multi Family
Built in 1909
$-- HOA
4,356 sqft lot
$69/sq.ft
Description
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: November 6, 2026 at 5:25 pm
- Source: Northwest Multiple Listing Service as distributed by MLS GRID | MLS#: NWM2600677

Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1909
HOA Fees
-
Finished Area
14,301 sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service as distributed by MLS GRID
MLS Number
NWM2600677
MLS Status
Active
Cumulative Days Active
11

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Interior
Flooring
Ceramic Tile, Hardwood, Softwood
Sewer
Sewer Connected
Cooling
Forced Air
Heating
Baseboard
Exterior Features
Brick
Construction
Year Built
Year Built: 1909
Home type
Multi Family
Property Condition
Good
Foundation Details
Concrete Ribbon, Poured Concrete
Roof
Flat, See Remarks, Torch Down
Construction Materials
Brick
Other Features
Subdivision Name
Colville
Lot Features
Alley, Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Listed for Sale | $989,000 $69/sqft |
Find Homes by Property Features in Colville, WA
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Nov 09, 2026, 04:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2026 Northwest Multiple Listing Service. All Rights Reserved.
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