Automotive Service and Office
902 N Monroe St. & 918 W Mallon Ave. Spokane, WA 99201
902 N Monroe St. & 918 W Mallon Ave., Spokane, WA, 99201
$2,950,000
For Sale
$2,950,000
For sale automotive property offering flexible space for service, showroom, and office-oriented users.
Property Size17,840 SF
Price / SF$165.36
Days on Market48
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 Checked: Jul 17 at 7:37 am
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
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
FAQs
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
