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    633 N Madelia St Spokane, WA 99202

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    For Sale
    $1,500,000

    Automotive property with fenced yard in high-traffic Spokane location.

    Property size:
    5,061 SF

    Property Features for 633 N Madelia St

    General Information

    Size
    5,061 SF

    Building Details

    Year built
    1933

    Source: Jesse Clark Agent Jesse Clark

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

    Overview

    Spokane Automotive Property For Sale

    This 5,061 square foot automotive property is located on N. Madelia St. just north of E. Trent Ave. in a high-traffic area of Spokane. The property features approximately 5 bay doors and a large fenced yard. The gross revenue for 2024 was $406,319, and the net profit was $78,928. In 2023, the gross revenue was $467,569, and the net profit was $70,448. The Seller’s Discretionary Earnings (SDE) were $174,359 in 2024 and $171,577 in 2023. The real estate may be leased for $6,500 a month plus NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto Service Centre, ... Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3859861
    Latitude
    47.662961

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    FAQs

    What type of property is this?
    Automotive property - Automotive property with fenced yard in high-traffic Spokane location.
    Where is this automotive property located?
    The property is located at 633 N Madelia St Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High-Traffic Location on N. Madelia St.; - Option to Purchase Business with Real Estate or Lease the Real Estate; - Large Fenced Yard
    (509) 808-6244
    Request Owner's contact information
    633 N Madelia St Spokane, WA 99202
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    Spokane, WA 99202
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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
    633 N Madelia St Spokane, WA 99202
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