11813 Sprague Ave Spokane Valley, WA 99206-5140
Property summary
This exceptional 1,368 square foot commercial property, located at 11813 E Sprague in Spokane Valley, WA 99206, presents a unique investment opportunity. The building, situated on a substantial 47,047 square foot lot, offers a versatile layout ideal for a variety of uses. Features include a private office, open showroom area, kitchen, ample storage, and ADA-compliant restrooms. The property boasts excellent visibility and signage on Sprague Avenue, a high-traffic area with 23,400 cars passing daily. Its strategic location places it just west of Pines Road, near prominent businesses such as the US Post Office, Walgreens, Rite Aid, Spokane Valley City Hall, and Starbucks. The property is currently vacant and zoned CMU (Corridor Mixed Use), allowing for diverse development possibilities. The paved, lighted, and fenced lot provides ample parking and security. This is a prime opportunity to acquire a well-positioned commercial property in a thriving Spokane Valley location. The asking price is $750,000. The property is a single-tenancy building with no remaining lease term.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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Car Dealership
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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