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    609 Fir Ave Deer Park, WA 99006

    For Lease
    $8 SF/Yr

    High-traffic retail space, flexible lease terms.

    Lot size:
    48,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property, located at 609 S Fir Ave in Deer Park, WA 99006, presents a unique investment opportunity. The property consists of two single-story buildings totaling 48,812 square feet, situated on a substantial 144,854 square foot lot. Built in 1980 and renovated in 1995, the center offers a blend of established infrastructure and updated amenities. Currently, there is 8,160 square feet of vacant space available, divisible into units as small as 2,160 square feet, with a maximum contiguous space of 6,000 square feet. The property boasts an excellent location off Highway 395, ensuring high visibility and accessibility for customers. Ample parking is provided, and pylon signage opportunities are available for enhanced brand recognition. A 5-year lease term is preferred. Please note that there are grocery restrictions in place. This property is ideal for a variety of retail uses and presents a strong potential for growth and return on investment in the thriving Deer Park market within Spokane County. The property's size and location make it an attractive option for both established businesses and new ventures seeking a prominent presence in this desirable area.

    Property Features for 609 Fir Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,812 SF
    Total Rate
    32541.33

    Building Details

    Year Built/Renovated
    1980/1995
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Former Grocery Store
    Size
    40,652 SF
    Rate per SF
    $8

    HighLights

    • Exceptional 48,812 SF retail property on a 144,854 SF lot in Deer Park, WA.
    • Two single‑story buildings, built in 1980, renovated in 1995.
    • 8,160 SF of divisible vacant space (min. 2,160 SF, max. 6,000 SF contiguous).
    • High‑visibility location off Highway 395 with ample parking and pylon signage.
    • 5‑year lease preferred; grocery restrictions apply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Deer Park
    County
    Spokane
    State
    Washington
    Longitude
    -117.4806047
    Latitude
    47.9479432

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    Nearby Similar for Lease

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      Prime Retail Location in Deer Park

      Retail space in growing community with great visibility and access.
      11 E H St, Deer Park, WA 99006
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    • $1,022 /Mo
      17,935 SF

      Renovated Office and Retail Space

      Recently renovated office and retail spaces with ample parking.
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      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, flexible lease terms.
    Where is this retail property located?
    The property is located at 609 Fir Ave Deer Park, WA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Exceptional 48,812 SF retail property on a 144,854 SF lot in Deer Park, WA.; Two single-story buildings, built in 1980, renovated in 1995.; 8,160 SF of divisible vacant space (min. 2,160 SF, max. 6,000 SF contiguous).
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    Deer Park, WA 99006
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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
    609 Fir Ave Deer Park, WA 99006
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