Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    106 Lefevre St Medical Lake, WA 99022

    For Lease
    $10 SF/Yr ($1,499 /Mo)

    Prime Retail Space, High Visibility

    Lot size:
    1,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,680 square foot commercial property, located at 106 N Lefevre St in Medical Lake, WA 99022, presents a unique investment opportunity. The building, constructed in 1959 and renovated in 1974, sits on a spacious 14,384 square foot lot and is ideally suited for a variety of retail uses, including a coffee shop or restaurant. The single-tenant building offers excellent visibility and is enhanced by a monument sign. The property's zoning allows for flexible use, making it an attractive option for entrepreneurs seeking a high-traffic location. The estimated monthly lease rate is $1,500, with estimated net, net, net (NNN) expenses of approximately $5.00 per square foot. The property consists of one building and includes two parcels, APN 14181.4804 & 14181.4816. This former gas and service station offers a blank canvas for a creative business owner to transform into a thriving enterprise. Its prime location and ample space make it a compelling investment opportunity in the growing Medical Lake market. The property's history as a gas station provides a unique character, while its recent renovations ensure a functional and modern space ready for immediate occupancy. Don't miss this chance to acquire a versatile commercial property with significant potential.

    Property Features for 106 Lefevre St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,680 SF
    Total Rate
    1499.4

    Building Details

    Year Built/Renovated
    1959/1974
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    1,680 SF
    Rate per SF
    $10

    HighLights

    • 1,680 SF commercial building on a 14,384 SF lot in Medical Lake, WA.
    • Built in 1959, renovated in 1974, suitable for retail (e.g., coffee shop, restaurant).
    • Excellent visibility, monument signage, and flexible zoning.
    • Estimated monthly rent: $1,500; estimated NNN expenses: $5/SF.
    • Two parcels (APN 14181.4804 & 14181.4816); former gas station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Hair Salon Clothing Store Food Market Grocery Store Furniture Store Convenience Store Cafe & Coffee Shop Wine and Liquor Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Medical Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.6823276
    Latitude
    47.5731296

    Nearby Comparable

    • Contact for pricing

      Land for Lease

      Land available for lease in Medical Lake, WA.
      s Craig Rd, Medical Lake, WA
      View Details
    • $1.00 SF/Yr
      50,000 SF

      Medical Lake Industrial Build-to-Suit

      Industrial property available for rent in Medical Lake, Washington.
      10219 Highway 2 W, Medical Lake, WA
      View Details
    • $22 SF/Yr
      5,369 SF

      Medical Office Space For Rent

      Five-story medical office building in a flourishing medical corridor.
      601 W 5Th St, Spokane, WA 99022
      View Details
    • $11 SF/Yr
      12,528 SF

      Medical Office Building, Medical Lake

      Prime Medical Office Space Available
      725 Stanley St, Medical Lake, WA 99022
      View Details
    • Contact for pricing
      1,675,318 SF

      Prime Spokane County Industrial Land

      38 Acres, Single Tenant Opportunity, WA
      0 Craig Rd, Medical Lake, WA 99022
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Prime location suitable for commercial and retail uses.
      11020 W Westbow Blvd, Spokane, WA 99224
      View Details

    Nearby Similar for Lease

    • $11 SF/Yr
      12,528 SF

      Medical Office Building, Medical Lake

      Prime Medical Office Space Available
      725 Stanley St, Medical Lake, WA 99022
      View Details
    • $1.00 SF/Yr
      50,000 SF

      Medical Lake Industrial Build-to-Suit

      Industrial property available for rent in Medical Lake, Washington.
      10219 Highway 2 W, Medical Lake, WA
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Visibility
    Where is this restaurant located?
    The property is located at 106 Lefevre St Medical Lake, WA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 1,680 SF commercial building on a 14,384 SF lot in Medical Lake, WA.; Built in 1959, renovated in 1974, suitable for retail (e.g., coffee shop, restaurant).; Excellent visibility, monument signage, and flexible zoning.
    Request Owner's contact information
    106 Lefevre St Medical Lake, WA 99022
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 Lefevre St
    Medical Lake, WA 99022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    106 Lefevre St Medical Lake, WA 99022
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.