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    5620 S Regal St Spokane, WA 99223

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    5620 S Regal St Spokane, WA 99223


    • Community centers
    • 12,462 SF
    • 2.24 lot acres
    Retail Space on Regal Street For Lease
    $28 SF/Yr
    1,152 SF

    Retail Space on Regal Street

    Retail space available for lease on South Regal Street.

    5620 S Regal St, Spokane, WA 99223
    View Listing
    Property ID
    US90-1059071
    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.

    Value Estimations
    $755,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CHAS Southgate Medical Clinic / Medical Clinic
    • Domino's Pizza / Take-out & Catering
    • Lauren Williams / Physician
    • Beacon Cleaners / (Bike/Boat/Book/etc) Store
    • CHAS Southgate Pharmacy / Pharmacy

    Property Details for 5620 S Regal St

    Year built
    2012
    Lot size
    2.24 lot acres
    Property size
    12,462 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    34041.0181
    APU
    340410181

    Description

    This exceptional retail opportunity presents 1,152 square feet of space within a well-maintained, two-building strip center totaling 18,244 square feet. Built in 2017, the property boasts a convenient location with excellent access from both 55th Street and Regal Street, ensuring high visibility and accessibility for customers. The property sits on a substantial 97,391 square foot lot, providing ample parking for tenants and their patrons. The space is part of a multi-tenant building, offering a vibrant and established commercial environment. The property features pylon signage opportunities, enhancing visibility and brand recognition. The property's single-story design and well-maintained condition contribute to a positive and functional retail space. The available space is ideal for a variety of retail uses, benefiting from the existing infrastructure and established customer base of the center. The property's Assessed Parcel Number (APN) is 34041.0181, located in Spokane County. This is a turnkey opportunity for a business seeking a prime retail location with excellent visibility and ample parking. The property offers a strong foundation for growth and success in a thriving commercial area. Don't miss this chance to secure a space in this desirable retail center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $745,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $762,000
      Market price range: $169k - $762k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $480,000
      Current use
      MEDICAL BUILDING
      $1,130,000
      Change: +135% Conversion: Difficult
      OFFICE BUILDING
      $1,045,000
      Change: +117% Conversion: Moderate
      WAREHOUSE, STORAGE
      $970,000
      Change: +102% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.369
    Latitude
    47.6032
    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
    $38,745
    $681,740
    $3,054,700
    $3,736,440
    -
    $681,740
    $3,054,700
    $3,736,440
    View Listing
    More about this property
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