Property summary
This exceptional Class A, 900 sq ft coffee stand, located at 4020 E 57th Ave, Spokane, WA 99223, is offered for sale at $385,000. Built in 2022, this single-story building boasts a 10-year gross lease (commencing October 1, 2022, with 7.9 years remaining) and includes all furniture, fixtures, and equipment, including a brand-new Franke automatic espresso machine. The property features five parking spaces and benefits from a prime location in a high-traffic area, serving as the sole coffee… stand in the immediate vicinity. Currently operating six days a week (5 AM to 5 PM), the business generates $430,000 in annual sales and a current NOI of $50,000, with a pro-forma NOI of $88,000 and a pro-forma cap rate of 22.86%. The property is situated in a rapidly growing area with new housing developments and a new YMCA under construction nearby. The ground lease expires October 1, 2032, with rent bumps tied to the CPI. Seller financing is available. This is a unique opportunity to acquire a thriving, established business with significant growth potential in a high-demand market. The property is zoned commercial and has one lease option remaining. The 100% occupancy began September 1, 2022.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 407 SF
- Lot area
- 0.4 ac
- Year built
- 2022
- APN
- 34034.0210
- Assessed value · 2024
- $87,120
- Annual tax · 2023
- $1,099
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
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