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    120 W 3Rd Ave Spokane, WA 99201

    For Lease
    Contact for pricing

    Restaurant space available in renovated downtown Spokane apartment building.

    Property size:
    4,148 SF
    Lot size:
    4,148 SF

    Property Features for 120 W 3Rd Ave

    General Information

    Size
    4,148 SF

    Building Details

    Year built
    1964

    Source: Taylor Gibbons Agent Taylor Gibbons

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

    Overview

    Renovated Apartment Building Restaurant Opportunity

    This is a restaurant opportunity within The Imperial, a newly renovated project in Downtown Spokane. The former hotel is being renovated into 93 modern apartments. The buildings and pool area are undergoing complete renovation. The available restaurant space is suitable for an experienced operator with a concept that complements the apartment project's atmosphere. The property has a size of 4148 square feet. The owners are prioritizing the right concept and operator. The property is located in Spokane, WA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Imperial Apartment Complex Evergreen Hotel & Suites Hotel 120 W 3rd ... Parking Lot

    Suggested Use

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

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

    Similar Places Nearby

    D'Zaar Catering & Good Services

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.408827
    Latitude
    47.6533109

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available in renovated downtown Spokane apartment building.
    Where is this restaurant located?
    The property is located at 120 W 3Rd Ave Spokane, WA.
    What are key features of this property?
    This property features: - Opportunity to operate a restaurant within The Imperial, a brand new downtown Spokane apartment renovation project.; - The Imperial project features 93 renovated hotel rooms converted into modern apartments, creating a built-in customer base.; - Complete renovation of all buildings and the pool area, offering a fresh and appealing environment.
    (509) 939-1741
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    120 W 3Rd Ave Spokane, WA 99201
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    Spokane, WA 99201
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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
    120 W 3Rd Ave Spokane, WA 99201
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