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New Construction Auto Shop
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1850 N DIVISION ST, Spokane, WA 99207

A 15-year ground lease carries no landlord responsibilities.

Property Size2,627 SF
Price / SF$997.48
Days on Market141

Property Features for 1850 N DIVISION ST

General Information

Standard status Active
Size 2,627 SF
Property subtype Retail
Net Operating Income $141,500

Building Details

Year Built 2025
Stories 1
Tenancy Single
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: May 26 at 9:20AM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

This new-construction auto shop is operated under the Valvoline name and is offered with a 15-year ground lease. The lease structure provides for no landlord responsibilities, a material feature for evaluating ongoing ownership obligations.

The property is located at 1850 N Division St in Spokane, Washington. Its Spokane setting places the asset within the second-largest city in Washington State.

Key Highlights

  • New‑construction Valvoline auto shop
  • 15‑year ground lease
  • No landlord responsibilities

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,451
Businesses Nearby
Well-served
Demand for This Use

Demographics for 99207, WA

32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

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  • Jkservices 625 W Maxwell Ave Apt 3, Spokane, WA 99201
  • TrustyLube Mobile Services
  • 24 Hour Mobile Mechanics Spokane

Frequently Asked Questions

What type of property is this?
Auto shop - A 15-year ground lease carries no landlord responsibilities.
Where is this auto shop located?
The property is located at 1850 N DIVISION ST Spokane, WA.
What is the asking price?
The asking price for this property is $2,620,370.
What are key features of this property?
This property features: New‑construction Valvoline auto shop; 15‑year ground lease; No landlord responsibilities
(206) 296-9600 Call to check price and availability
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