Restaurant Space with
For Sale
Contact for pricing
5020 E SPRAGUE AVE, Spokane Valley, WA 99037
Existing restaurant improvements, commercial kitchen infrastructure, and storefront glazing are in place for food-and-beverage use.
Property Size1,950 SF
Price / SF$87.18
Days on Market8
Property Features for 5020 E SPRAGUE AVE
General Information
Standard status
Active
Size
1,950 SF
Total Parking Spaces
45
Property subtype
Business for Sale
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Panda Express
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Additional Details
Equipment Included
Yes
Amenities
corner location
large storefront windows
natural light
Building Details
Year Built
2012
Stories
1
Units
16
Listing Agency:
NAI Black
Listed By:
Eric Weaver
Source:
Crexi
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 6 at 11:04AM
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 conventional restaurant space contains ± 1,950 SF of retail and restaurant area within a 2012-built property. The premises feature an existing restaurant and wine bar buildout, upscale interior finishes, large storefront windows, and a fully equipped commercial kitchen with infrastructure already in place. The configuration is also identified as suitable for a cocktail lounge, café, or specialty retail use.
The property occupies a corner position on E Sprague Avenue with frontage along a high-traffic corridor generating more than 30,000 VPD. Approximately 45 on-site parking stalls serve the property, while access to I-90 connects the site with the greater Spokane Valley market. Panda Express and other national retailers provide established co-tenancy, with Walmart Supercenter directly across the street. Costco, Lowe’s, Home Depot, Big 5, and additional major retailers are located minutes away.
The property occupies a corner position on E Sprague Avenue with frontage along a high-traffic corridor generating more than 30,000 VPD. Approximately 45 on-site parking stalls serve the property, while access to I-90 connects the site with the greater Spokane Valley market. Panda Express and other national retailers provide established co-tenancy, with Walmart Supercenter directly across the street. Costco, Lowe’s, Home Depot, Big 5, and additional major retailers are located minutes away.
Key Highlights
- ± 1,950 SF of retail and restaurant space
- Existing restaurant and wine bar buildout with upscale finishes
- Fully equipped commercial kitchen and existing infrastructure
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99037, WA
15,907
Population
6,189
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
2,525
Density / Sq Mi
$83,886
Median Household Income
$43,970
Median Earnings
$1,303
Median Rent
$446,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements, commercial kitchen infrastructure, and storefront glazing are in place for food-and-beverage use.
Where is this conventional restaurant located?
The property is located at 5020 E SPRAGUE AVE Spokane Valley, WA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: ± 1,950 SF of retail and restaurant space; Existing restaurant and wine bar buildout with upscale finishes; Fully equipped commercial kitchen and existing infrastructure
