407 1st Avenue Ritzville, WA $ 469,000
407 1st Avenue
$ 469,000
Recently Listed
Share Save

407 1st Avenue

Ritzville, WA, 99169
$ 469,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,926

Listed by Windermere RE K-2 Realty
407 1st Avenue, Ritzville, WA 99169 - Image 1
407 1st Avenue, Ritzville, WA 99169 - Image 2
407 1st Avenue, Ritzville, WA 99169 - Image 3
407 1st Avenue, Ritzville, WA 99169 - Image 4
407 1st Avenue, Ritzville, WA 99169 - Image 5
407 1st Avenue, Ritzville, WA 99169 - Image 6
407 1st Avenue, Ritzville, WA 99169 - Image 7
407 1st Avenue, Ritzville, WA 99169 - Image 8

Commercial Property for sale in Ritzville, WA

for $469,000. This building was built in 1950 on a lot size of 0.2296.

Investment opportunity in the bustling town of Ritzville! Motel built in 1950 has been mostly remodeled with 8 studio apartments, one 1-bedroom unit with a full kitchen, two 2-bedroom units with a full kitchen, and a remodeled office space. New exterior paint, a coin-op laundry room was added and a brand new roof was installed in 2025. Each studio unit has it's own bathroom, a hot plate, microwave, and a small fridge. There are two studio units that need to be remodeled with the potential for 11 total units of income.

See more

Commercial Active

Price

$ 469,000

Property Type

Commercial

Taxes

$ 3,465

Style

Hotel/Motel

Lot Size

0.2296

Year Built

1950

Town/City

Ritzville

County/Region

Adams

MLS | Web ID

2461226

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling Wall Unit(s) Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1950
Property Subtype Commercial Industrial
Tax Year 2025
County Adams
Net Operating Income 57508
Insurance Expense 5885.88
Property Type Commercial Sale
HOA N
Subdivision Name Ritzville
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions From Moses Lake and Interstate-WA 90 take Exit 220 turn left on First Ave towards downtown Ritzville property is on the right.
City Ritzville
Senior Community Y/N N
Zoning Description Commercial Multi-Family
MLS Area 381 - Adams County
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 3465
Electric Expense 8079.12
Property Condition Fair
Public Remarks Investment opportunity in the bustling town of Ritzville! Motel built in 1950 has been mostly remodeled with 8 studio apartments one 1-bedroom unit with a full kitchen two 2-bedroom units with a full
Structure Type Hotel/Motel
Building Area Units Square Feet
Standard Status Active
Water Company City of Ritzville
Water Sewer Garbage 4143.84
Property Style 64 - Hotel/Motel
See more
Exterior
Exterior Amenities Metal/Vinyl Wood
Water Source Public
Total Parking 0
Foundation Details Concrete Ribbon
Building Area Total 0
Lot Size Acres 0.2296
Irrigation Water Rights Y/N N
Lot Number 1&2
See more
Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2461226
Street Number 1 407
See more
* Excluded Features
List By
Jay P. Kincaid

Listing Agent

Windermere Re K-2 Realty

Broker

Affordability Calculator

$3,215
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,926
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$469,000 Listed Price

Map


See all

407 1st Avenue, Ritzville, WA, 99169 is a Commercial Property for sale at $469,000 with a lot size of 0.2296. 407 1st Avenue was built in 1950. The property's zip code is 99169 which is in Ritzville, WA