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    FOR SALE
    Automotive properties

    430 E Sprague Ave, Spokane, WA 99202

    1,688 SF 0.74 ac lot Built 1963
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US90-0640185
    Property summary
    AI-generated overview

    This exceptional opportunity presents the acquisition of a well-established Spokane, WA limousine service. Located at 430 E Sprague Ave, 99202, this turnkey business boasts a 33-year history of providing premium transportation services. The sale includes a fully licensed, bonded, state-inspected, and comprehensively insured operation. The business prides itself on its commitment to safety, reliability, and professionalism, consistently exceeding client expectations. A meticulously maintained fleet of vehicles and a team of experienced chauffeurs ensure a high level of comfort, style, and punctuality for every client. The business caters to a diverse clientele, handling special occasions, corporate events, and airport transfers. Financial details are available upon request. This is a rare chance to own a profitable and reputable business with a long-standing presence in the Spokane community. The asking price for this thriving enterprise is $2,500,000. This includes the established business, its fleet of vehicles, and all associated assets. Serious inquiries only.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1963
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,688 SF
    Lot 0.74 ac (32,096 SF)
    APN 35202.0306
    UPID US90-0640185
    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
    • Downtown Auto Specialists Auto Repair Shop
    • Oldies But Goodies Auto Sales Car Dealership
    • Napo's NU 2 U Auto Sales, LLC Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.19M
    Owner & transaction history
    Peabody On Sherman LLC · 4 yrs held
    Peabody On Sherman LLC
    since 2021
    Last sale
    $1.3M
    7 recorded transactions
    2021
    $1.3M
    2020
    2019
    $650,000
    2019
    2011
    $372,410
    1969
    1969
    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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