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OFF-MARKET
Retail properties & Spaces

1126 Coeur D'alene St Spokane, WA 99224

1,260 SF 0.98 ac lot Built 1929
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,260-square-foot vacant retail building situated on a 0.98-acre lot in Spokane, Washington. Located at 1126 S Coeur d'Alene St, 99224, this property boasts 15 additional parking spaces, offering significant potential for various commercial uses. Built in 1929 and renovated in 2024, the concrete block building sits on a slab-on-grade foundation. Previously utilized as a service station, restaurant, machine repair shop, and artist studio, the property is currently a "vanilla shell," ready for immediate customization. Its location within the Village at Vinegar Flats condo development provides excellent visibility and accessibility. A short distance from the Latah Creek bike path and downtown Spokane, this property offers convenient access to amenities and transportation. Currently zoned residential, a change of use approval from the city could allow for commercial operations. The property has never been used as a residence. Detailed aerial photos and plat maps are available upon request. The asking price is $200,000, representing a price per square foot of $158.73. The property includes APN 25243.4611.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1929
Total area 1,260 SF
Lot 0.98 ac (42,689 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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