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Auto and Boat Detailing Business

2624 N Monroe Spokane, WA

2624 N Monroe, Spokane, WA, 00000
Contact for pricing
For Sale
Contact for pricing

Auto and boat detailing business with real estate for sale.

Property Size4,800 SF
Lot Size0.09 Acres
Price / SF$103.96
Days on Market241

Property Features for 2624 N Monroe

General Information

Standard status
Active
Size
4,800 SF
Lot size
0.09 Acres
Property subtype
RETAIL
Listing agency SVN Cornerstone LLC
Listed by Andrew Keef · License ##23007080
Source Moodyscre
Added: Nov 24, 2025 Updated: Jul 6 at 9:38AM Checked: Jul 19 at 5:36AM

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


Investment Insights

Based on property information with market context.

The property includes a building that houses Hot Rods Auto and Boat detailing business. The sale price includes the business, business name, furniture, fixtures, and equipment, as well as existing walk-in business. The building features updated electrical systems with energy-efficient lighting and updated plumbing. The rear work area includes a garage door, a storage loft, and a bathroom. The property is suitable for auto shops, automotive retail, and car wash businesses.

Key Highlights

  • Includes business, business name, FFE (furniture, fixtures, and equipment), and walk‑in business.
  • Building is for sale.
  • Updated electric with energy‑efficient lighting.

Local Financial Insights For Industrial

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 $42.6k $8.88
− Vacancy −$2.7k −$0.57
EGI $39.9k $8.31
− OpEx −$12.0k −$2.49
NOI $27.9k $5.82
4,800 SF · lease $8.88/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$832.2K
$728.2K – $970.9K (±1% cap)
NOI $58,255 @ 7.0% cap · market cap 11.67%
Second Best
Retail
$711.5K
$622.6K – $830.1K (±1% cap)
NOI $49,805 @ 7.0% cap · market cap 9.98%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,688 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hot Rods Auto ... Car Wash MFC Windows & Siding Construction Company

Suggested Use

Electrical Service HVAC Service Building Supply Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher

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

Similar Off Market Nearby

  • Jkservices — 625 W Maxwell Ave Apt 3, Spokane, WA 99201
  • TrustyLube Mobile Services
  • 24 Hour Mobile Mechanics Spokane
  • Corky's Radiator Shop — 1620 N Ash St, Spokane, WA 99205
  • Trofeo Autos- Sales & Service — 1701 N Ash St, Spokane, WA 99205

FAQs

What type of property is this?
Auto shop - Auto and boat detailing business with real estate for sale.
Where is this auto shop located?
The property is located at 2624 N Monroe Spokane, WA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Includes business, business name, FFE (furniture, fixtures, and equipment), and walk‑in business.; Building is for sale.; Updated electric with energy‑efficient lighting.
Contact an agent
(509) 628-6678 Call to check price and availability
More about this property
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