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    3024 S Regal St Spokane, WA 99223

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    For Sale
    $150,000

    Established drive-thru restaurant with high sales volume and profit.

    Property size:
    3,564 SF

    Property Features for 3024 S Regal St

    General Information

    Size
    3,564 SF

    Building Details

    Year built
    1995

    Source: John Powers Agent John Powers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Drive-Thru Restaurant for Sale

    This is a 3,564 square foot drive-thru restaurant constructed in 1995. The property is located on S. Regal St. just south of E 29th Ave. It is currently operating as a highly profitable business with a long history of success and high sales volume. The 2023 net profit was $119,187 before add backs. The property can be purchased as a franchise with a 1.5% franchise fee or converted to your own drive-thru restaurant concept. The ground lease is attractive at $6,500 per month NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Señor Froggy & Italian ... Mexican Restaurant Catering By Becky Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3688441
    Latitude
    47.6265767

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    FAQs

    What type of property is this?
    Drive through restaurant - Established drive-thru restaurant with high sales volume and profit.
    Where is this drive through restaurant located?
    The property is located at 3024 S Regal St Spokane, WA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Highly profitable business: achieved $119,187 net profit in 2023 (before add backs); - High volume gross sales with long history of success; - 3,564 sf drive-thru restaurant
    (509) 622-3563
    Request Owner's contact information
    3024 S Regal St Spokane, WA 99223
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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
    3024 S Regal St Spokane, WA 99223
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