Standalone Retail Building with
3025 E Mission Ave Spokane, WA 99202
3025 E Mission Ave, Spokane, WA, 99202
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For Sale
Contact for pricing
Standalone retail building on a dedicated commercial lot with prominent East Mission Avenue frontage and nearby bus access.
Property Size9,135 SF
Price / SF$120.42
Days on Market17
Property Features for 3025 E Mission Ave
General Information
- Standard status
- Active
- Size
- 9,135 SF
- Property subtype
- RETAIL
Listing agency
Goodale & Barbieri Company
(509) 344-4909
Listed by
Ryan Oberg · License #B111788
(509) 344-4909
Source
Moodyscre
Added: Jul 6 Updated: Jul 22 at 4:18AM Checked: Jul 22 at 4:18AM
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 Goodale & Barbieri Company
Investment Insights
Based on property information with market context.
3025 E Mission Ave is a standalone commercial retail building on a dedicated commercial lot, with approximately 9,135 square feet of total building area. The owner will consider leasing, and the property is positioned to support retail or operational use within an active mixed-use commercial and light industrial pocket.
The building is highly visible along East Mission Avenue, located just a short block west of the major intersection at N Greene Street and Spokane Community College. Transit convenience is highlighted by a roughly one-minute walk to the Greene & Mission bus stop.
The property’s location is described as providing efficient logistics and easy access to downtown Spokane and Interstate 90, supporting day-to-day customer and operational needs.
The building is highly visible along East Mission Avenue, located just a short block west of the major intersection at N Greene Street and Spokane Community College. Transit convenience is highlighted by a roughly one-minute walk to the Greene & Mission bus stop.
The property’s location is described as providing efficient logistics and easy access to downtown Spokane and Interstate 90, supporting day-to-day customer and operational needs.
Key Highlights
- Standalone commercial retail building with approx. 9,135 SF on a dedicated commercial lot
- Prominent frontage along East Mission Avenue in the active Chief Garry Park neighborhood
- Near the major N Greene Street intersection and Spokane Community College (about a short block west)
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 | $148.0k | $16.20 |
| − Vacancy | −$12.6k | −$1.38 |
| EGI | $135.4k | $14.82 |
| − OpEx | −$40.6k | −$4.45 |
| NOI | $94.8k | $10.38 |
9,135 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.58M
NOI $94,786 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $164,978 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Standalone retail building on a dedicated commercial lot with prominent East Mission Avenue frontage and nearby bus access.
Where is this retail space located?
The property is located at 3025 E Mission Ave Spokane, WA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Standalone commercial retail building with approx. 9,135 SF on a dedicated commercial lot; Prominent frontage along East Mission Avenue in the active Chief Garry Park neighborhood; Near the major N Greene Street intersection and Spokane Community College (about a short block west)
