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Property profile & analytics
FOR LEASE
Retail space

41 E Queen Ave Spokane, WA 99207

6,250 SF 0.36 ac lot Built 1975
Entity Owned Absentee Owner Free & Clear
Property ID
US90-1022455
Property summary
AI-generated overview

This exceptional retail property, located at 41 E Queen Ave in Spokane County, offers a single-tenant space totaling 6,250 square feet. The building sits on a sizable 15,875 square foot lot and provides convenient on-site parking for customers and employees. Currently vacant, this 6,250 square foot space presents a unique chance for a business to establish a strong presence in a high-traffic area. Its strategic location directly across the street from Northtown Mall ensures significant foot traffic and visibility. The property is zoned OR-35, offering flexibility for a variety of retail uses. The parcel number is 36323.2520. This is an ideal opportunity for a retailer seeking a prominent location with ample space and convenient parking. The property's size and location make it a compelling investment for businesses looking to expand or establish themselves in a thriving Spokane County market. The building's single-tenant occupancy simplifies management and allows for customized space planning. Interested parties are encouraged to explore the potential of this exceptional retail space. This is a rare opportunity to secure a prime retail location in a high-demand area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction STEEL FRAME
Total area 6,250 SF
Lot 0.36 ac (15,875 SF)
APN 36323.2520
UPID US90-1022455
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Spokane Judo Gym & Fitness Center
  • Fit Body Boot Camp Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$570k
Blend (final) Blend
$760k
Owner & transaction history
HARLAN D DOUGLASS TRUST
HARLAN D DOUGLASS TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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