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Retail Building with Auto Lot

2101 E Sprague Ave Spokane, WA 99202

New
2101 E Sprague Ave, Spokane, WA, 99202
$525,000
For Sale
Claim this Listing
$525,000

Freestanding retail building with paved, fenced auto lot and dual commercial zoning along E Sprague Ave.

Property Size3,734 SF
Lot Size0.69 Acres
Price / SF$140.60
AddedJul 13
Days on Market3
Last RefreshJul 15 at 2:43 am

Property Features for 2101 E Sprague Ave

General Information

Standard status
Active
Size
3,734 SF
Lot size
0.69 Acres
Property subtype
Retail - Street Retail

Building Details

Year Built
1970

Listing office NAI Black

Listing date Jul 13, 2026

Source Commercialcafe

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 NAI Black


Investment Insights

Based on property information with market context.

This retail building and auto lot offering includes a 3,734 SF structure built in 1970, situated on approximately 0.69 acres of total land. The site is paved and fenced, supporting vehicle-oriented operations or display needs.

The property is located at E Sprague Ave and N Crestline St. Average daily traffic is reported at 120,452 ADT on E Sprague Ave and 7,100 ADT on N Napa St, providing visibility for retail and related uses.

Zoning is listed as CC2-EC and CC1-EC.

Key Highlights

  • Freestanding retail building with 3,734 SF plus paved, fenced auto lot
  • Auto lot includes 0.69 acres of total land
  • Built in 1970

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $60.5k $16.20
− Vacancy −$5.1k −$1.38
EGI $55.3k $14.82
− OpEx −$16.6k −$4.45
NOI $38.7k $10.38
3,734 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$553.5K
$484.3K – $645.7K (±1% cap)
NOI $38,744 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$963.4K
$843.0K – $1.12M (±1% cap)
NOI $67,436 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Dental Office Law Firm Hair Salon Restaurant Nail Salon (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store

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

Similar Off Market Nearby

  • Voewe Flower — 801 W Sprague Ave, Spokane, WA 99201
  • Same Day Flower Delivery Spokane WA - Ci-Fic — 109 W Pacific Ave, Spokane, WA 99201
  • Dlux Florist — 109 S Scott St d1, Spokane, WA 99202
  • Adelaide Co. Floral — 213 E Sprague Ave, Spokane, WA 99202
  • Peters And Sons Flowers & Gift — 314 E Sprague Ave, Spokane, WA 99202

FAQs

What type of property is this?
Storefront property - Freestanding retail building with paved, fenced auto lot and dual commercial zoning along E Sprague Ave.
Where is this storefront property located?
The property is located at 2101 E Sprague Ave Spokane, WA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Freestanding retail building with 3,734 SF plus paved, fenced auto lot; Auto lot includes 0.69 acres of total land; Built in 1970
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