Skip to content
Photo 1 of 8
Photo 1 of 8 — 240 Fred Johns Way, Cheney, WA 99004
View all 8 photos

240 Fred Johns Way, Cheney, WA 99004

Spokane County

Key Facts

0.48Lot (acres)

Description

Versatile commercial opportunity in the growing Cheney market. Zoned Business Park (BP), this fairly level parcel allows for a variety of potential uses including general office space, medical office, light manufacturing, production, professional services, and other commercial applications. Conveniently located with quick access to I-90 and close proximity to Eastern Washington University, downtown Cheney, and surrounding amenities, the property provides excellent accessibility and visibility for future development or business use. With many potential uses and a desirable location, this site presents strong potential for investors, developers, or owner-users looking to establish or expand in the area.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.48 acres

Lot Dimensions

154 x 135

Zoning

BP

Days on Market

7

MLS® Listing#

202618276

Property Features

Lot Features

LevelOpen Lot

Utilities

Sewer AvailableNatural Gas AvailableWater Available

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Salnave
Middle:
Cheney MS
High:
Cheney

Financial Details

Annual Taxes

$502

Parcel Number

13232.0206

Directions

GPS Friendly

Affordability Calculator

$16,000

Estimated monthly payment

$426/mo

Principal $64,000 · Est. interest $89,286 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cheney, WA

$478,947
Median Listing Price
48
Median Days on Market
1,876
Median Sq Ft
$226
Median Price / Sq Ft
133
Active Listings
  • This home’s price is 83% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cheney, WA.

Location

Map is currently unavailable for this location.

Points of Interest in Cheney, WA

Showing the Cheney area map.

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Cheney

Listing Courtesy: COMPASS - Main: 5098427582

Listings courtesy of the Spokane Association of REALTORS® as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Spokane. MLS® Listing#202618276. © 2026EXIT Realty®. All rights reserved.