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    10505 N Newport Hwy Spokane, WA 99218

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    For Sale
    $2,865,000

    14,900 SF retail building on 3.23-acre lot for sale.

    Property size:
    14,900 SF
    Lot size:
    3.23 Acres

    Property Features for 10505 N Newport Hwy

    General Information

    Size
    14,900 SF
    Lot size
    3.23 Acres

    Source: Kiemle Hagood Agent Carl Guenzel

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

    Overview

    High-Traffic Spokane Retail Opportunity

    This single-tenant building offers approximately 14,900 square feet of space and is situated on a lot of approximately 3.23 acres. The property benefits from a location in a high-traffic area of North Spokane, offering visibility and accessibility. The surrounding area includes retailers such as the YMCA, Northpoint Plaza, and the North Division Y. This location is suitable for businesses seeking a prominent location in an established commercial corridor with steady traffic and neighborhood demographics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    cat vet Beauty Salon

    Suggested Use

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

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

    Similar Places Nearby

    Frivolity Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3998167
    Latitude
    47.7544463

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    FAQs

    What type of property is this?
    Storefront property - 14,900 SF retail building on 3.23-acre lot for sale.
    Where is this storefront property located?
    The property is located at 10505 N Newport Hwy Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,865,000.
    What are key features of this property?
    This property features: - High-traffic North Spokane location with excellent visibility and accessibility; - Large ±3.23-acre lot; - Single-tenant building with ±14,900 SF
    (509) 755-7543
    Request Owner's contact information
    10505 N Newport Hwy Spokane, WA 99218
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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
    10505 N Newport Hwy Spokane, WA 99218
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