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    2622 29Th Ave Spokane, WA 99223

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Spokane Retail Space Available

    Lot size:
    14,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2622 E 29th Ave in Spokane County, offers 14,550 square feet of versatile space in a thriving South Hill location. Currently, two retail suites are available, measuring 1,103 and 1,315 square feet respectively, presenting a unique opportunity for multiple tenants or a single occupant seeking expansion. The property boasts excellent visibility and high traffic counts, with 29th Avenue registering 17,800 average daily traffic and Southeast Boulevard showing 12,800 ADT. This translates to significant foot traffic and potential customer exposure for businesses operating within this center. The building's multiple tenancy structure allows for flexibility and diverse occupancy options. This prime retail location is ideal for businesses seeking high visibility and accessibility in a bustling commercial area. The property's size and layout offer considerable potential for a variety of retail uses, making it an attractive investment opportunity in a strong Spokane market. Serious inquiries are encouraged to explore the possibilities this exceptional retail space presents.

    Property Features for 2622 29Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,550 SF
    Total Rate
    29100

    Unit(s) available at that property

    Space
    2622 E 29th Ave
    Size
    1,315 SF
    Rate per SF
    $26
    Space
    2630 E 29th Ave
    Size
    1,103 SF
    Rate per SF
    $24

    HighLights

    • Retail property totaling 14,550 square feet in Spokane County.
    • Multi‑tenant retail building with two available spaces.
    • Spaces range from 1,103 to 1,315 square feet.
    • Excellent retail location on Spokane's South Hill.
    • High traffic counts: 29th Avenue (17,800 ADT) and Southeast Blvd (12,800 ADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Club Pilates Pilates Studio Fringe Salon Darla ... Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3720972
    Latitude
    47.6272907

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    FAQs

    What type of property is this?
    Retail property - Prime Spokane Retail Space Available
    Where is this retail property located?
    The property is located at 2622 29Th Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $24-$26 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 14,550 square feet in Spokane County.; Multi-tenant retail building with two available spaces.; Spaces range from 1,103 to 1,315 square feet.
    Request Owner's contact information
    2622 29Th Ave Spokane, WA 99223
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    Spokane, WA 99223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2622 29Th Ave Spokane, WA 99223
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