Standalone Retail Building with
For Sale
Contact for pricing
3025 E Mission Ave, Spokane, WA 99202
Standalone retail property on a dedicated commercial lot with visibility along East Mission Avenue.
Property Size9,135 SF
Price / SF$120.42
Days on Market25
Property Features for 3025 E Mission Ave
General Information
Standard status
Active
Size
9,135 SF
Property subtype
Retail, Mixed Use
Building Details
Year Built
1954
Listing Agency:
Goodale & Barbieri
(509) 344-4909
Listed By:
Ryan Oberg · License #WA B111788
Source:
Crexi
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 23 at 2:43PM
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
Investment Insights
Based on property information with market context.
3025 E Mission Ave is a standalone commercial retail building on a dedicated commercial lot. The property contains approximately 9,135 square feet and is positioned as a high-utility space for retail use or operational needs.
The building is highly visible along East Mission Avenue, located a short block west of the major N Greene Street intersection and Spokane Community College. Transit convenience is supported by a reported one-minute walk to the Greene & Mission bus stop.
Set within a mixed-use commercial and light industrial pocket of East Spokane, the asset is positioned to serve both local accessibility and straightforward access toward downtown Spokane and Interstate 90.
The building is highly visible along East Mission Avenue, located a short block west of the major N Greene Street intersection and Spokane Community College. Transit convenience is supported by a reported one-minute walk to the Greene & Mission bus stop.
Set within a mixed-use commercial and light industrial pocket of East Spokane, the asset is positioned to serve both local accessibility and straightforward access toward downtown Spokane and Interstate 90.
Key Highlights
- Standalone commercial retail building built in 1954
- Approximately 9,135 SF building on a dedicated commercial lot
- High visibility along E Mission Ave, about a short block west of N Greene St intersection
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
599
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Standalone retail property on a dedicated commercial lot with visibility along East Mission Avenue.
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 built in 1954; Approximately 9,135 SF building on a dedicated commercial lot; High visibility along E Mission Ave, about a short block west of N Greene St intersection
