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    Property profile & analytics

    417 3rd Ave Spokane, WA 99202-1414

    • Turn key restaurants
    • 2,428 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US90-1745911
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alpine Delicatessen / Restaurant / Deli
    • Spokane Group / Administrative Attorney

    Property Details for 417 3rd Ave

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    0.17 lot acres
    Property size
    2,428 SF
    Property type
    Turn key restaurants
    APN
    35202.2609
    APU
    352022609

    Description

    This thriving Spokane, WA deli and German market presents a unique investment opportunity. Located at 417 E 3rd Ave, 99202, this 2,400+ square foot business boasts an impeccably maintained space, showcasing imported German delicacies and authentic meats from German producers. The current owner-operator has cultivated a loyal customer base, providing a solid foundation for continued success and expansion. The business benefits from convenient on-site parking, prominent pylon signage ensuring high visibility, and excellent traffic flow, making it ideally situated for delivery services throughout Spokane. The asking price is $195,000. This turnkey operation offers a blend of established clientele and significant growth potential within a desirable Spokane location. The business is categorized as "Business Only," meaning the sale includes the business assets and operations, not the building itself. The property's prime location in Spokane County, Washington, offers easy access to major transportation routes and a dense population base. This presents a compelling opportunity for an experienced entrepreneur or investor seeking a profitable and established business in a vibrant market. The business's strong reputation and loyal customer base, combined with its strategic location and ample growth potential, make this a truly exceptional investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.404
    Latitude
    47.6539
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,129
    $105,550
    $111,600
    $217,150
    -
    $105,550
    $111,600
    $217,150

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      823 Sinto Ave

      RESTAURANT • 2,139 SF
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    Spokane, WA 99202-1414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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