Standalone Retail Building with
For Sale
Contact for pricing
3025 E Mission Ave, Spokane, WA 99202
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 Market116
Property Features for 3025 E Mission Ave
General Information
Standard status
Active
Size
9,135 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Chief Garry Park
Highway Access
Yes
Road Access
Yes
Listing Agency:
Goodale & Barbieri Company
(509) 459-6109
Listed By:
Ryan Oberg · License #B111788
(509) 344-4909
Source:
Moodyscre
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 28 at 10:58AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,786
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,895,720
$1.9M
Cap Rate 7%
$1,354,086
$1.4M
Cap Rate 9%
$1,053,178
$1.1M
Market Conditions
NOI Build-Up for 9,135 SF
Gross rent
$148.0K $16.20/SF
− Vacancy
−$12.6K −$1.38/SF
EGI
$135.4K $14.82/SF
− OpEx
−$40.6K −$4.45/SF
NOI
$94.8K $10.38/SF
Area
Spokane, WA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,895,720
Cap Rate 7%
$1,354,086
Cap Rate 9%
$1,053,178
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 99202, WA
21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
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)
