Automotive Service and Office
For Sale
$2,950,000
902 N Monroe St. & 918 W Mallon Ave., Spokane, WA 99201
For sale automotive property offering flexible space for service, showroom, and office-oriented users.
Property Size17,840 SF
Price / SF$165.36
Days on Market60
Property Features for 902 N Monroe St. & 918 W Mallon Ave.
General Information
Standard status
Active
Size
17,840 SF
Property subtype
Mixed-Use Showroom, Auto Shop & Office Building
Building Details
Year Built
1919
Listing Agency:
Black Commercial, Inc.
(509) 499-1370
Listed By:
Jeff McGougan
(509) 499-1370
Source:
Naiblack
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 31 at 6:14AM
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 Black Commercial, Inc.
Investment Insights
Based on property information with market context.
This for-sale automotive service and office building totals 17,840 SF +/- and is positioned to support a range of automotive- and business-focused uses. The property’s mix of auto shops, office spaces, and showrooms in the available property types makes it a practical option for operators seeking a single building to accommodate day-to-day work and customer-facing functions.
The building is offered at 902 N Monroe St. & 918 W Mallon Ave. in Spokane, WA 99201. With street-front access through two addresses, the site can be considered by tenants and buyers looking for a straightforward, adaptable setup in an established commercial market.
From a tenant perspective, the configuration can work for automotive service operations, showroom users, and office tenants that need space within the same envelope. For buyers, it may be evaluated as a flexible CRE asset suited to automotive-related businesses or a mixed-use approach among compatible office and retail-oriented functions.
The building is offered at 902 N Monroe St. & 918 W Mallon Ave. in Spokane, WA 99201. With street-front access through two addresses, the site can be considered by tenants and buyers looking for a straightforward, adaptable setup in an established commercial market.
From a tenant perspective, the configuration can work for automotive service operations, showroom users, and office tenants that need space within the same envelope. For buyers, it may be evaluated as a flexible CRE asset suited to automotive-related businesses or a mixed-use approach among compatible office and retail-oriented functions.
Key Highlights
- 17,840 SF +/- automotive property with flexible space for service, showroom, and office‑oriented use
- Built in 1919
Financial Insights For Office B
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 | $396.0k | $22.20 |
| − Vacancy | −$55.4k | −$3.11 |
| EGI | $340.6k | $19.09 |
| − OpEx | −$85.2k | −$4.77 |
| NOI | $255.5k | $14.32 |
17,840 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.65M
$3.19M – $4.26M
NOI $255,451 @ 7.0% cap · market cap 8.66%
Second Best
Retail
$2.64M
$2.31M – $3.09M
NOI $185,110 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$4.60M
$4.03M – $5.37M
NOI $322,190 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,657
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99201, WA
15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Automotive Jobbers Supply Co — 125 S Walnut St, Spokane, WA 99201
- Glass America — 1318 W 2nd Ave, Spokane, WA 99201
- Mechanics Pride Tire & Automotive Inc — 1126 W 2nd Ave, Spokane, WA 99201
- Jaguar Spokane Service Center — 1310 W 3rd Ave suite a, Spokane, WA 99201
- Gerber Collision & Glass — 1318 W 2nd Ave, Spokane, WA 99201
Frequently Asked Questions
What type of property is this?
Auto shop - For sale automotive property offering flexible space for service, showroom, and office-oriented users.
Where is this auto shop located?
The property is located at 902 N Monroe St. & 918 W Mallon Ave. Spokane, WA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 17,840 SF +/- automotive property with flexible space for service, showroom, and office‑oriented use; Built in 1919
