11530 Sprague Ave Spokane Valley, WA 99206
- Retail properties
- 25,800 SF
- 137,680.00 lot acres
Current Use by Public Records
- Spokane Community College - Spokane Valley / College
- Institute For Extended Learning / School
Property Details for 11530 Sprague Ave
- Lot size
- 137,680.00 lot acres
- Property size
- 25,800 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional retail investment opportunity is located on Sprague Avenue in Spokane County, encompassing a substantial 137,680 square foot lot. The property features a total of 25,800 square feet of building space, currently divided into multiple tenancies. A significant portion of the property is already occupied, with approximately 1,200 square feet of retail space currently available for lease. The existing buildings were constructed in phases, with portions dating back to 1974 and others completed in 1991. The flexible layout allows for a variety of retail uses, catering to diverse business needs. The high-traffic location on Sprague Avenue ensures excellent visibility and accessibility for potential tenants, making this an ideal investment for those seeking a strong return. The substantial lot size presents opportunities for future expansion or redevelopment, adding further value to this already impressive property. With a mix of existing tenants and readily available space, this property offers immediate income potential and long-term growth prospects. The 1,200 square feet of vacant space provides an immediate opportunity to secure a new tenant and increase revenue. This property is a rare find, combining established success with significant potential for future development. Don't miss this chance to acquire a prime retail center in a thriving Spokane County location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.249
- Latitude
- 47.6559
