Property profile

411 1st Ave Spokane, WA 99201

OFF-MARKET
Turn key restaurants
Property ID
US90-3366938
4,742 SF 0.12 ac lot Built 1902
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1902
Total area 4,742 SF
Lot 0.12 ac (5,117 SF)
APN 35191.2305
UPID US90-3366938

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

411 1st Ave Spokane, WA 99201-3706
Spokane metro Census 3500 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$578k
Blend (final) Blend
$800k

Owner & transaction history

since 2022
Last sale
$880,000
7 recorded transactions
2025
Price N/A
2022
$880,000
2022
Price N/A
2022
Price N/A
2006
$150,000
2004
Price N/A
2000
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.2M +11.7%
Medical building $1.1M +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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