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$459,000 -$10,000 (-2.13%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • Updated 5 days ago

Listed by Jay P. Kincaid | Windermere RE K-2 Realty | (509) 765-3337

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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.

Full Property Details for 407 1st Ave

General

  • Price: $459,000
  • Taxes: $3,465 (2025)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2461226
  • Updated: 2/14/2026
  • Added to Site: 66 day(s) ago

Interior

  • Flooring: Laminate, Vinyl, Carpet

Location

  • Area: 381 - Adams County
  • County: Adams
  • Subdivision: Ritzville
  • Driving Directions: From Moses Lake and Interstate-WA 90, take Exit 220, turn left on First Ave, towards downtown Ritzville, property is on the right.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s), Window Unit(s)
  • Heating Type: Baseboard, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Hotel/Motel
  • Exterior Const.: Metal/Vinyl, Wood
  • Foundation: Concrete Ribbon
  • Roof: Composition
  • Year Built: 1950
  • Property Condition: Fair

Lot Features

  • Lot Size (Acres): 0.2296
  • Lot Size (Sq. Ft.): 10,000
  • Zoning: Commercial, Multi-Family

Financial Considerations

  • Tax Amount: $3,465
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 1935230502401
  • Block: 24
  • Lot Number: 1&2

Listed by Jay P. Kincaid | Windermere RE K-2 Realty | (509) 765-3337

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Schools serving 407 1st Ave

School District:Ritzville School District
NameGradesDistance
Ritzville Grade School
401 East 6th Avenue, Ritzville, WA 99169
K-50.5 mi
Lind-Ritzville Middle School
N 507 E St, Lind, WA 99341
6-815.2 mi
Lind-Ritzville High School
209 East Wellsandt Road, Ritzville, WA 99169
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 407 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/14/2026
Price Reduced
$459,000
-2.13%
MLS
12/16/2025
Listed
$469,000
7.82%
MLS
4/14/2025
Sold
$435,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 407 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,464
15%
$294,100
23%
2023
$3,010
4%
$238,400
9%
2022
$2,899
—
$219,400
27%
2023
$2,899
25%
$172,500
11%
2021
$2,323
5%
$155,900
—
2019
$2,213
-14%
$155,900
—
2018
$2,584
33%
$155,900
—
2017
$1,950
-11%
$155,900
-3%
2016
$2,179
-3%
$161,500
—
2014
$2,237
—
$161,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jay P. Kincaid | Windermere RE K-2 Realty | (509) 765-3337

Price Reduced near 407 1st Ave

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408 N L St, Lind, WA 99341 - Photo 1 Price Reduced
-$3,000 (-7.32%)
$38,000

408 N L St  Lind, WA 99341

  • Land Residential
  • Active
  • Updated 3 days ago
  • 0.32
    Acres
Listed by Medie Ruiz | RE/MAX Northwest

Recent Sales near 407 1st Ave

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506 W 8th Ave, Ritzville, WA 99169 - Photo 1 Sold
$495,000

506 W 8th Ave  Ritzville, WA 99169

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,492
    Sq. Ft.
Listed by Amber Marie Zagelow | Katz Realty, Inc.
Sold by Kate Jimenez | Windermere RE K-2 Realty
408 W 8th Ave, Ritzville, WA 99169 - Photo 1 Sold
$400,000

408 W 8th Ave  Ritzville, WA 99169

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,448
    Sq. Ft.
Listed by Rick J Sawyer | Katz Realty, Inc.
Sold by Non Member ZDefault | ZNonMember-Office-MLS
2 W Johnson Ln, Lind, WA 99341 - Photo 1 Sold
$480,000

2 W Johnson Ln  Lind, WA 99341

  • Single Family
  • Closed
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 4,507
    Sq. Ft.
Listed by Lynn E. Garza | Windermere RE K-2 Realty
Sold by Evan Brown | LPT Realty LLC
408 410 E 4th St, Warden, WA 98857 - Photo 1 Sold
$485,000

408 410 E 4th St  Warden, WA 98857

  • Multi-Family
  • Closed
Listed by Gigi Girgis | Windermere Real Estate/HLC
Sold by Doug Robins | RE/MAX, The Collective

407 1st Avenue, Ritzville, WA 99169 (MLS# 2461226) is a Industrial property. 407 1st Avenue is currently listed for $459,000 and was received on December 16, 2025. Want to learn more about 407 1st Avenue? Do you have questions about finding other Industrial real estate for sale in Ritzville? You can browse all Ritzville real estate or contact a Coldwell Banker agent to request more information.

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