Building Details

Building Size 1,697 SF

Year Built 2007

Listing Agency: NAI Black - Spokane

Listed By: Mark C. McLees Show Phone

Source: Naiblack

Added: Jun 2 Changed: Sep 2 Last Checked: Sep 4 at 4:42AM

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Investment Insights

Based on property information with market context.

Located at 1002 E Wellesley Ave in Spokane, Washington, this conventional restaurant property was constructed in 2007. The site is currently used for a Taco John’s operation. The owners plan to retire and close the franchise when the real estate is sold, offering a clear transition point for the next ownership.

Key Highlights

• Current Taco John’s restaurant use
• Franchise scheduled to close upon sale of the real estate
• Constructed in 2007

Property Analytics

Property Profile

Current Use

Taco John's Restaurant

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

282

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 99207, WA

32,059

Population

13,673

Households

2.3

Avg Household Size

34

Median Age

17%

College-Educated

91%

High-School Grad

5.2 sq mi

ZIP Area

6,165

Density / Sq Mi

$55,548

Median Household Income

$31,712

Median Earnings

$1,127

Median Rent

$246,800

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Currently occupied by a Taco John’s restaurant, with the franchise set to close after the real estate sale.

Where is this conventional restaurant located?

The property is located at 1002 E Wellesley Ave Spokane, WA.

What is the asking price?

The asking price for this property is $998,000.

What are key features of this property?

This property features: Current Taco John’s restaurant use; Franchise scheduled to close upon sale of the real estate; Constructed in 2007