3320 Monroe StSpokane, WA 99205

Property Details for 3320 Monroe St

Year built

1976

Construction

STEEL FRAME

Lot size

0.41 AC

Property size (Sq ft)

1,974 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

35063.3107

APU

350633107

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $474,748

  6.5%

  $438,229

  7%

  $406,927

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,060,609

  Geo Method

  $1,060,609

• Alternative Use

  Use

  Valuation

  Residential

  $369,663

  Hospitality

  $338,609

  Educational

  $281,719

  Medical

  $291,407

  Retail

  $438,229

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6885

Longitude

-117.426

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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