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    3320 Monroe St Spokane, WA 99205

    Sponsored
    For Lease
    $24 SF/Yr ($3,948 /Mo)

    Prime Spokane retail space, 1974 sq ft.

    Lot size:
    1,974 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,974 square foot retail space is ideally situated at 3320 N Monroe St in Spokane, Washington, within the vibrant North Monroe Business District. The property, built in 1976, offers a single-tenant occupancy opportunity, with the entire 1,974 square feet currently vacant and ready for immediate lease. The building is classified as retail in Spokane County, WA, zip code 99205. Ample parking is provided with a paved lot accommodating approximately 30 vehicles, ensuring convenient access for customers and employees. This location presents a fantastic chance for businesses seeking high visibility and accessibility in a well-established commercial area. The property's size and location make it suitable for a variety of retail uses. The address is easily accessible and benefits from strong foot and vehicle traffic. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The property is located at 47.6885566 latitude and -117.42631 longitude.

    Property Features for 3320 Monroe St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,974 SF
    Total Rate
    3948

    Unit(s) available at that property

    Space
    Size
    1,974 SF
    Rate per SF
    $24
    Property Profile Location Intelligence

    Current Use by Public Records

    Shelby Gardens Banquet Hall

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -117.42631
    Latitude
    47.6885566

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    FAQs

    What type of property is this?
    Retail property - Prime Spokane retail space, 1974 sq ft.
    Where is this retail property located?
    The property is located at 3320 Monroe St Spokane, WA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    Request Owner's contact information
    3320 Monroe St Spokane, WA 99205
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    Spokane, WA 99205
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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
    3320 Monroe St Spokane, WA 99205
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