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Property profile & analytics
OFF-MARKET Estimated value $1,345,000
Turn key restaurants

7015 Argonne Rd Spokane, WA 99217-9687

722 SF 1.53 ac lot Built 2005
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US90-1583593
Property summary
AI-generated overview

This exceptional 722-square-foot retail space, currently operating as a successful coffee shop, presents a unique investment opportunity in Spokane, Washington. Located at 7015 N Argonne Rd, Spokane, WA 99217, in Spokane County, this single-tenancy property boasts a prime location at a busy intersection. The coffee shop benefits from a beautiful landscape, ample parking, and a convenient drive-thru, enhancing customer accessibility and convenience. The business has enjoyed a successful track record for several years, establishing a loyal customer base. Its strategic placement next to Sweet Gardens Nursery provides additional foot traffic and exposure. Existing coffee shop equipment may be available for purchase, offering a seamless transition for a new owner. This turnkey operation is ready for a new chapter, offering immediate income potential and a well-established foundation for continued success. The property is situated at 47.720415246552406 latitude and -117.28274294952433 longitude. This is a rare opportunity to acquire a thriving business in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Total area 722 SF
Lot 1.53 ac (66,647 SF)
APN 46293.9098
UPID US90-1583593
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
  • Smart Gardens Nursery Garden Center Landscaping
  • Smart Gardens Equipment Rentals (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Environment West Landscape Services Landscaping (Bike/Boat/Book/etc) Store
  • Mudslingers Take-out & Catering Cafe & Coffee Shop
  • Smart Gardens Landscape Materials & Rental Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.35M
Owner & transaction history
Argonne Frontage Land Holdings LLC · 4 yrs held
Argonne Frontage Land Holdings LLC
since 2021
Last sale
$1.4M
2 recorded transactions
2021
$1.4M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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