223 Division St Spokane, WA 99202
This exceptional business opportunity presents the chance to acquire "The Night Owl," a well-established bar located at 223 N Division St, Spokane, WA 99202. Boasting a prime Division Street location with a daily traffic count of approximately 26,000 vehicles, this turnkey operation offers significant potential for growth. The business operates Tuesday through Saturday, from 8 PM to 2 AM, making it easily manageable, particularly for an owner-operator or family-run business. Financial records demonstrate strong gross sales, showcasing the profitability of this established enterprise. The current lease is attractive, providing a solid foundation for continued success. The Night Owl is a ready-to-run business, requiring minimal setup or investment beyond the purchase price of $199,000. This is an ideal opportunity for an entrepreneur seeking a profitable and established business in a high-traffic area of Spokane. The business is categorized as "Business Only," meaning the sale includes the business assets and operations, not the building itself. This presents a flexible and potentially lower-risk investment opportunity.
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C&R Commercial and Residential Services Landscaping General Contractor
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Night Owl Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.