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Grand & Gladstone

2 Properties Offered at $1,600,000 in Pullman, WA

Investment Highlights

  • Prime Location
  • Value-Add Opportunity
  • Diverse Unit Mix
  • Strong Rental History
  • Desirable Amenities

Executive Summary

Introducing Grand & Gladstone, a rare dual investment opportunity in the heart of Pullman, WA at 340 S. Grand Ave & 220 SE Gladstone St. Offering excellent value-add potential, these properties boast a total of 11 units with 8,400 NRSF across 0.14 and 0.1606 acres, zoned for general commercial and high-density multi-family residential use. Strategically located near Washington State University's campus, these properties historically demonstrate strong rental demand, presenting an ideal income-generating opportunity. The diverse unit mix includes 1-, 2-, and 3-bedroom layouts averaging 764 square feet, appealing to a wide range of potential tenants. With attractive amenities like private balconies/patios and a detached 3-car garage for additional income, Grand & Gladstone offers a solid investment choice with the potential for increased returns through optimized management strategies. Don't miss out on this prime investment in a sought-after location!

Data Room Click Here to Access

Property Facts

Price $1,600,000
Price / SF $265.87 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,018 SF
Total Land Area 0.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
340 S Grand Ave, Pullman, WA 99163 Multifamily 3,776 SF - -
220 SE Gladstone St, Pullman, WA 99163 Specialty 2,242 SF 1928 -
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  • Listing ID: 33760428

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: Grand & Gladstone, Pullman, WA

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