Back to Search

For sale
Showrooms
WA
Spokane
99216
14909 E Sprague Ave

Spokane Valley Retail Opportunity

14909 E Sprague Ave, Spokane, WA 99216

View on Map

For Sale

$1,275,000

Prime location with high traffic and development potential.

Type:Office

Property size:

7,514 SF

Price / SF:

$169/SF

HighLights

Prime Spokane Valley location with over 380 feet of frontage on Sprague Avenue and high traffic count.
2.03‑acre assemblage with flexible CMU zoning allowing for light manufacturing, retail, multifamily, and offices.
Includes a 5,014 SF retail/office showroom with a new TPO roof (2023) and a 2,500 SF shop/warehouse.
Fully fenced and secured property with three motorized gates and remote access.
Three curb cuts onto Sprague Avenue for isolated ingress/egress.
Located in a thriving area with strong demographics, economic factors, and proximity to Spokane Valley Mall, Mirabeau Park, and the Centennial Trail.

We can help!

Contact an agent

Omar Sadaoui, CCIM

For Sale

$1,275,000

Prime location with high traffic and development potential.

Type:Office

Property size:

7,514 SF

Price / SF:

$169/SF

Added:: Nov 21, 2025
Days on Market:: 226
Last Refresh:: May 9 at 1:15 am

Property Features for 14909 E Sprague Ave

General Information

Standard status: Active
Size: 7,514 SF
Property subtype: Office

Building Details

Year Built: 1986

We can help!

Contact an agent

Omar Sadaoui, CCIM

Listing office SVN Cornerstone LLC

Listing date Nov 21, 2025

Source Svn

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

All listing content including descriptions, pricing, images are the copyrighted material of SVN Cornerstone LLC

HighLights

Prime Spokane Valley location with over 380 feet of frontage on Sprague Avenue and high traffic count.
2.03‑acre assemblage with flexible CMU zoning allowing for light manufacturing, retail, multifamily, and offices.
Includes a 5,014 SF retail/office showroom with a new TPO roof (2023) and a 2,500 SF shop/warehouse.
Fully fenced and secured property with three motorized gates and remote access.
Three curb cuts onto Sprague Avenue for isolated ingress/egress.
Located in a thriving area with strong demographics, economic factors, and proximity to Spokane Valley Mall, Mirabeau Park, and the Centennial Trail.

Overview

This property features over 380 feet of frontage on Sprague Avenue, encompassing 2.03 acres across three parcels in Spokane Valley, situated between Progress and Adams. It includes a 5,014 square foot retail/office showroom, enhanced by a new TPO roof installed in 2023, and a 2,500 square foot shop/warehouse. The location benefits from average daily traffic exceeding 24,000 vehicles. The property is suitable for owner-users, developers, or investors. The Spokane Valley market offers a mix of residential, retail, and commercial activity. The location benefits from a growing population and consumer activity. Nearby attractions include Spokane Valley Mall, Mirabeau Park, and the Centennial Trail. The property features three curb cuts onto Sprague for isolated ingress/egress, fully fenced and secured perimeters with wrought iron and vinyl fencing, and three fully motorized gates with remote access. The CMU Zoning allows for light manufacturing, retail, multifamily, and offices.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$121.7k	$16.20
− Vacancy	−$10.3k	−$1.38
EGI	$111.4k	$14.82
− OpEx	−$33.4k	−$4.45
NOI	$78.0k	$10.38

7,514 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.11M

$974.6K – $1.30M (±1% cap)

NOI $77,966 @ 7.0% cap · market cap 6.11%

Second Best

Warehouse

$701.2K

$613.6K – $818.1K (±1% cap)

NOI $49,084 @ 7.0% cap · market cap 3.85%

Theoretical Best

Office A

$1.94M

$1.70M – $2.26M (±1% cap)

NOI $135,703 @ 7.0% cap · market cap 10.64%

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

Property Profile Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Similar Places Nearby

DESIGN TILE AND FLOORING LLC SPOKANE — 14109 E Sprague Ave #7B, Spokane Valley, WA 99216

Location Insight

Map
Local Demand

City: Spokane
County: Spokane
State: Washington
Longitude: -117.204
Latitude: 47.6575

Nearby Similar for Sale

$990,000

8,020 SF

Spokane Commercial Property For Sale

Commercial property with showroom and easy freeway access in Spokane.

3626 E Trent Ave, Spokane, WA 99202

View Details
$650,000

2,835 SF

Newer Duplex with Attached Garage

Built in 2022 and fully rented duplex with quality finishes, gas ranges, and an attached 2-car garage.

114 W GRAVES Rd, Spokane, WA 99218

View Details
$1,790,000

7,950 SF

Spokane 10-Unit Apartment Building

Turn-key 10-unit apartment building near NorthTown Mall.

6511 N Atlantic St, Spokane, WA 99208

View Details
$524,999

2,925 SF

Turnkey Fourplex with Updated Exterior

Four 1-bedroom, 1-bath units in a maintained Spokane South Hill fourplex with recent exterior updates.

1815 W 10th Ave, Spokane, WA 99204

View Details
$659,900

3,080 SF

Spokane Duplex: Investment Opportunity

Rental duplex in prime location near dining and groceries.

6027 N Smith St, Spokane, WA 99208

View Details
$1,149,999

4,100 SF

Renovated Multifamily Property

Completely renovated income property with multiple residences and outdoor gathering spaces, offered with no HOA fees.

1848 W Bridge Ave, Spokane, WA 99201

View Details
$649,500

3,000 SF

Brand-New Duplex With Private Garages

Newly built duplex with two 3-bedroom, 2.5-bath units, each with a private garage, fenced backyard, and gated access.

420 E Euclid Ave, Spokane, WA 99207

View Details
$679,500

3,000 SF

New Duplex Near Downtown Spokane

Turn-key duplex with high occupancy potential near downtown Spokane.

917 E Providence Ave, Spokane, WA 99207

View Details
$1,490,000

14,896 SF

Industrial Warehouse with Office

Brick-and-cinder block warehouse with office space, multiple roll-up doors, and a loading dock for logistics or light production.

3303 E Ferry Ave, Spokane, WA 99202

View Details
$677,500

3,950 SF

Ranch Triplex with Detached Garages

Triplex with three separate units, in-unit laundry hookups, and two detached 2-bay garages for additional income or storage.

828/820 W 11th Ave, Spokane, WA 99204

View Details
$529,900

2,731 SF

2016-Built Duplex Townhouse Units

Well-maintained 2016 duplex with two townhouse-style units, each offering 3 bedrooms, 2.5 baths, and an attached 1-car garage.

5119 E BUCKEYE Ave, Spokane, WA 99217

View Details
$675,000

13,386 SF

South Hill Adult Family Home

Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

2214 E 36th Ave, Spokane, WA 99203

View Details

For sale
Showrooms
WA
Spokane
99216
14909 E Sprague Ave

What type of property is this?

Showroom - Prime location with high traffic and development potential.

Where is this showroom located?

The property is located at 14909 E Sprague Ave Spokane, WA.

What is the asking price?

The asking price for this property is $1,275,000.

What are key features of this property?

This property features: Prime Spokane Valley location with **over 380 feet of frontage on Sprague Avenue** and high traffic count.; 2.03‑acre assemblage with flexible CMU zoning allowing for light manufacturing, retail, multifamily, and offices.; Includes a **5,014 SF retail/office showroom with a new TPO roof (2023)** and a 2,500 SF shop/warehouse.