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    118 E Lake St Medical Lake, WA 99022

    For Sale
    $305,000

    COMMERCIAL - Medical Lake, WA

    Property size:
    1,924 SF
    Lot size:
    0.07 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 118 E Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    14184.2911
    Size
    1,924 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1905
    Building materials
    Brick
    Roof type
    Flat

    Keller Williams Realty Spokane (509) 458-4000 [email protected]

    Listing agent Sarah Weaver (509) 998-3233

    Listing date Nov 25, 2025

    Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equipped Salon in Medical Lake

    This commercial building in Medical Lake, WA, offers various potential uses. The property is currently a fully equipped salon designed for a wide range of beauty services. The 1,924 square-foot space includes eight custom-built hair stations, three backwash stations, three pedicure chairs, and four nail stations. A facial room is equipped with three beds. Additional amenities include two stand-up tanning units with a front-desk timer system, a spray tan machine, two spacious bathrooms with potential shower hookups, a washer and dryer, and a utility sink. The property also features a countertop refrigerator, a disinfection machine, a show window with a neon "Open" sign, and a small office. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medical Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.681739
    Latitude
    47.572573

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    FAQs

    What type of property is this?
    Retail space - Move-in ready salon with extensive equipment and potential uses.
    Where is this retail space located?
    The property is located at 118 E Lake St Medical Lake, WA.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Fully equipped, move-in ready salon designed for a wide range of beauty services.; - Includes eight custom-built hair stations, three backwash stations, three pedicure chairs, and four nail stations.; - Features a facial room with three beds, two stand-up tanning units, and a spray tan machine.
    (509) 998-3233
    Request Owner's contact information
    118 E Lake St Medical Lake, WA 99022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 E Lake St Medical Lake, WA 99022
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