Spokane, WA Retail Property For Sale

Great property in the heart of the Sprague Union District only minutes from Spokane’s CBD!

1504 E SPRAGUE - SPOKANE, WA

BLDG ONLY SALE PRICE: $399,900

Existing building size is ±3,060 SF with 50% Retail/Office space, and the back 50% is an open shop with 11’ ceilings, 10’ roll up door and would be

great for a Contractor, Artist, Architect, Real Estate Office, Insurance etc. All zoned CC2-Centers and Corridors with zoning conducive to further

development of the property!

1501 & 1507 E 1ST AVE - SPOKANE, WA

BLDG & LAND SALE PRICE: $549,900

Total combined lot size is ±12,500 with a 6’ Cyclone fence. The two lots would be a great opportunity to build houses, a shop apartment setup or a multi-family building.

*Land cannot be sold separate

Parcel #: 35212.1906, 35212.1919 & 35212.1918

Fully Leased Shopping Center Available for Purchase

34032.5501 | Bldg B

34032.5502 | Bldg A

34032.5503 | Land

The Property is ideally located on Spokane’s upper South Hill and is surrounded by a strong mix of housing and national, regional and local retailers. Strong demographics, including an Average HHI of $142,045 within a 2-mile radius, reinforce the property’s position for retailers. Located along 57th Avenue, the property’s location is considered one of the more appealing in Spokane County and is expected to remain so as new commercial and residential development continue to come online such as Home Depot on 45th and Regal and Mister Car Wash on 43rd and Regal.

Vacant Land -

The Mixed-Use zoning supports higher intensity development and allows for a variety of commercial and residential uses such as Retail, Office, Child Daycare, Convenience Store and Multifamily. The site is an ideal option to either expand the existing multi-tenant retail center or accommodate a single-tenant development.

Situated on .45 acre lot just 3 parcels South of the North Division "Y" with an approximate average daily traffic count of 39,000+. The versatility and location make this property a highly attractive investment. Prime location for retail, restaurant, salon, repair shop, cafe...let your dreams run wild. Excellent street visibility not to mention a Lamar Billboard sign lease available with the property. Ample onsite parking, separately fenced bullpen, roll up doors, covered portico, 2 curb cuts too. Underground Storage Tank test pit site assessment & report completed in 2021.

We are excited to present the opportunity to acquire a Multi-Tenant NNN Leased Investment located in Spokane, Washington. This prime property features a Chipotle with the new prototype design that consists of a pickup window “Chipotlane” for customers with meals preordered in the Chipotle mobile-app. The property also features a Wingstop, on a newly commenced ten-year lease. Positioned on a +/- 1.51-acre lot and featuring a Monument Sign, this site is ideally located at the intersection of W 12th Ave and Highway 2 with over 31,000 VPD (Vehicles Per Day) on Hwy 2. The site is situated on North 40 Pad Site with some of the surrounding businesses including Walmart, Hilton Garden Inn, Jersey Mike’s Subs, Dollar Tree and much more.

• Building Size: 3,928 SF ± 

 • Auto Shop/Warehouse: 2,400 SF ±

      • 2 - Overhead Doors

     • Office: 528 SF ± 

   • Storage Warehouse: 1,000 SF ±

      • 2 - Overhead Doors

• Lot Size: 31,712 SF ±   

  • 14,000 SF ± Fenced

• Parcel No's: 35091.0701, 35091.0711, & 35091.0712

• Zoning: General Commercial

• Visibility: 11,700 ADT 

   • 280' Frontage on Euclid Ave. 

Sportsman Cafe & Lounge is a business opportunity and Real Estate sale. It is a fully equipped Restaurant and Bar and is located just off of the North-South freeway, on the corner of Francis Avenue and Market Street. Restaurant has been in business for over 70 years. You will feel at home in this beautifully decorated, well kept and maintained restaurant that seats 110 guests including the separate bar that serves Beer on tap, wine and cocktails. Its the perfect place to watch your favorite games, TV shows or just get together with family and friends. A turn key restaurant, ready for you to start with your menu. This sale includes the property and all FF&E and sits on 2 parcels with plenty of parking.

parcel numbers 36273.1504 and 36273.1506.

Current use is a Subway Restaurant. Brick building on corner lot. 12 surface car park spaces. All furnishing and equipment included at no additional value. Nearly half of building is un-occupied plus a partial basement. Zoning is CB-55. 19,800 historic traffic count. Priced well under assessed value of $454,300. Assessor shows 2,705 sqft on main level.

Industrial Opportunity

Building Area:

- First Floor Office: ± 3,353 SF

- First Floor Whse: ± 21,915 SF

- Mezzanine: ± 2,492 SF

- Second Floor Office: ± 6,126 SF

Total ± 33,866 SF

Retail Commercial Building $1,175,000 plus Residential Live Work attached. Antiques Business FF&E available $400,000 to purchase. Lease option may be considered by Seller.

Multi-Tenant Retail Building

Parcel: 35103.0014

Zoning: Community Business (CB-55)

Building SF: ±9,135 SF

Year Built: 1954

Year Renovated: 1981

Land SF: ±31,182 SF

Parking: 37 Stalls

Signage: Monument & Façade

Tenants: Happy Laundry & Planet Kids

For additional information please see flyer and contact listing broker.

We have been selected to exclusively market for sale a La-Z-Boy location in Spokane, WA. La-Z-Boy has 9 years remaining on their 10-year Corporate Guaranteed (NYSE: LZB) NNN lease and has operated as a La-Z-Boy at this location for over 25 years. The lease features minimal landlord responsibilities (roof & structure) and 2% annual rent increases which provides investors a hedge against inflation. In 2022, the Property underwent approximately $1,000,000 in property and tenant improvements which included parking lot seal and re-stripe, full interior and exterior paint, new monument sign and sign on building, new interior and exterior lighting, new trim and soffits, all new carpet and tile, all new ceiling fixtures and ceiling tiles, new electrical wiring for computers and monitors, and new plumbing fixtures. The Property also had a full roof replacement in 2019. La-Z-Boy has seen a 54% Y-O-Y increase in store visitors and ranks in the top 10% of all nationwide stores according to Placer.ai. The Property is located directly on N. Division St. (28,900+ VPD), the main arterial north/south in Spokane, with excellent visibility and signage at the intersection of W. Hawthorn Rd. (15,000+ VPD). In the last decade, the area has seen significant population growth within a 5-mile radius of nearly 14% and is predicted to grow by another 5% in the next 5 years.

Business and real estate for sale.

For additional information please see flyer and contact listing broker.

The property consists of a 6,196-square foot building with drive-thru on a 19,023-square foot corner lot directly across the street from the north entrance to NorthTown Mall. The property is zoned OR-35 "Office Retail", which allows for a variety of office and retail uses. National retailers within or nearby NorthTown Mall include Bank of America, Barnes & Noble, Bonefish Grill, Buffalo Wild Wings, Famous Footwear, H&M, JC Penney, Kohl's, Marshalls, Men's Wearhouse, Office Depot, Outback Steakhouse, Red Lobster,

Regal Cinemas, and Starbucks.

The property is currently vacant and available for sale or lease.

All property showings are by appointment only. Contact listing agent for more details.

4107 E Sprague Ave - Building #2

Building Size: 3,106 SF

Land Size: 24,039 SF (0.55 ac)

Zoning: GC-70

Parcel Number: 35154.4905

Opportunity for Sale or Lease

Parcel #: 35191.1317

Year Built: 2016

Building Size: ±15,417 SF

Contact Listing Agents for More Information

Physical Therapy Business For Sale

For additional information please see flyer and contact listing broker.

For additional information please see flyer and contact listing brokers.

6.2% Cap Rate (Pro Forma)

For more information see marketing flyer and contact listing broker.

Two Parcels: 36203.0112 & 36203.0111

Please see marketing flyer and contact listing broker for more information.

Retail/Industrial/Office

For additional information please see flyer and contact listing broker.

Introducing a remarkable investment opportunity in downtown Spokane! Discover Historic Downtown Building, located at 35 & 39 W Pacific Ave, Spokane, Washington 99201. This charming property boasts a total of 22,500± SF, featuring multiple levels offering versatile spaces such as a wine bar, a performance stage, a lounge, and more. Originally built in 1911 and extensively renovated in 2012, this historic gem offers a blend of classic architecture with modern amenities. The property includes a commercial freight elevator, exposed brick walls, and wood flooring, adding character to its ambiance. With a lot size of 12,435± SF and downtown general zoning, the potential for this property is limitless. Now offered at a reduced price of $995,000, this is an exceptional opportunity for investors or business owners looking to own a piece of Spokane's rich history. Don't miss out on this unique property that offers endless possibilities!

Highly visible Sprague Ave Free Standing Retail Building Opportunity, Prime for an Owner User (former Spencers Furniture Store). Building consists of 25,885 SF with open showroom, offices, storage and warehousing. Zoning allows many permitted uses per City of Spokane Valley: Retail, Automobile Services, Manufacturing, Church, School, Fitness Facility & Warehousing. Easy I-90 on and off Access (Exit 285)

Near a variety of national retailers: Home Depot, Costco, Lowes, Walmart and Auto Road Car Dealerships. All showings by appointment only, call listing Broker.

We have been selected to exclusively market 3125 E Francis Ave & 6317 N Market St in Spokane, WA. The property is strategically located at the signalized intersection of Francis Avenue and Market Street, which have a combined average daily traffic count of 43,000. The property consists of a 12,780-square foot shopping strip anchored by O'Reilly Auto Parts on a 1.06-acre lot. Behind the shopping strip, there is an additional 0.94-acre vacant lot. Both lots are contiguous and total approximately 2 acres.

There are approximately 5,700 square feet available for lease in the shopping strip. The vacant land is currently available for lease or build-to-suit. Additionally, the entire property is available for sale if both lots are purchased together.

All property showings are by appointment only. Contact listing agent for more details.

This commercial property rests upon a spacious 10,000 square foot lot for plenty of parking. The 1220 sqft building has room for two office spaces, a bathroom, and an oversized two-bay workshop featuring two Pole Hoists excellent for working on automobiles. Strategically situated along a prominent north/south arterial road (Nevada) less than 1.5 miles to the Gonzaga district. The site offers exceptional visibility, making it an ideal choice for automotive dealerships, retail outlets, construction firms, electricians, and various other service providers.

Marcus & Millichap has been selected to exclusively market 7015 N Division St in Spokane, WA. The property consists of a 3,537-square foot building on a 0.75-acre lot on Division Street, which has an average daily traffic count of 34,200. The property is zoned GC-70 "General Commercial", which is a flexible commercial zoning with a variety of permitted uses. Nearby national and regional retailers include Lowe's, At Home, Hobby Lobby, Sportsman's Warehouse, Michael's, Davita, Sherwin-Williams, AutoZone, and Big 5.

The property is currently vacant and available for sale, lease, or build-to-suit.

All property showings are by appointment only. Contact listing agent for more details.