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    3315 W Northwest Blvd Spokane, WA 99205

    For Sale
    $1,495,000

    Versatile property with restaurant build-out and investment appeal.

    Property size:
    3,930 SF

    Property Features for 3315 W Northwest Blvd

    General Information

    Size
    3,930 SF

    Building Details

    Year built
    1928

    Source: John Powers Agent John Powers

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

    Overview

    Turn-Key Spokane Restaurant Opportunity

    This Spokane property offers turn-key functionality and long-term investment appeal. The 3,930 square-foot building is built out for fine dining and currently operates as Downriver Grill. Its infrastructure and location provide an immediate opportunity for continued food service operations or repositioning for a range of retail and service users. The property is located on the corner of W. Northwest Blvd. and N. F St. The lot size is 10,800 square feet. The zoning is retail, allowing for broad commercial flexibility. Ample on-site parking is available for employees and guests. The property features modern mechanical systems, efficient HVAC, and updated electrical. It is extremely well-maintained and ready for immediate occupancy. The clear-span, adaptable interior is ideal for restaurant or retail use.
    Location Intelligence

    Current Use by Public Records

    Downriver Grill American Restaurant

    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
    -117.460333
    Latitude
    47.690072

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    FAQs

    What type of property is this?
    Restaurant - Versatile property with restaurant build-out and investment appeal.
    Where is this restaurant located?
    The property is located at 3315 W Northwest Blvd Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Turn-key restaurant build-out (Downriver Grill) ready for immediate occupancy.; - Prominent corner location on W. Northwest Blvd. and N. F St.; - Ample on-site parking for employees and guests.
    (509) 622-3563
    Request Owner's contact information
    3315 W Northwest Blvd Spokane, WA 99205
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    Spokane, WA 99205
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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
    3315 W Northwest Blvd Spokane, WA 99205
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