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    Medical Lake, WA
    Spa & Wellness

    Medical Lake, WA Spa & Wellness Properties for Sale

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    Cheney, WA Spokane, WA Airway Heights, WA Reardan, WA Edwall, WA Nine Mile Falls, WA Spangle, WA
    Fully Equipped Salon & Wellness Building
    Updated: Apr 27
    Fully Equipped Salon & Wellness Building

    118 E LAKE St, Medical Lake, WA 99022

    $285,000
    1,924 sqft 0.07 AC lot
    Fully equipped salon with 8 custom‑built hair stations, 3 backwash stations, 3 pedicure chairs, and 4 nail stations
    Facial room with 3 beds and treatment‑service buildout
    0.07‑acre lot with 1,924 SF brick building and flat roof
    Natural gas forced‑air heating
    Off‑street parking available
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    This listing looks promising.

    Here's a quick look at some key insights for

    118 E LAKE St, Medical Lake, WA 99022

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $302K
      Above asking

    • Last Sold

      May 2007
      $74K

    • Property Type

      Commercial (General)
      Built 1905
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Medical Lake, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spa and Wellness Building with Hair Stations
    Spa and Wellness Building with Hair Stations

    1321 W Northwest Blvd, Spokane, WA 99205

    $350,000
    1,541 sqft 0.08 AC lot

    Commercially zoned building on Northwest Blvd with handicap-access ramp, central air, and off-street parking.

    View details
    Turnkey Spa Building with Salon Stations
    Turnkey Spa Building with Salon Stations

    1321 W Northwest Boulevard, Spokane, WA 99205

    $350,000

    Business-zoned building with off-street parking, ramp access, and a configurable layout for salon and spa use.

    View details
    Salon and Spa Suites
    Salon and Spa Suites

    6848 N Government Way Suites 104-107, Dalton Gardens, ID 83815

    $219,000

    Move-in ready salon and spa with five tanning beds and multiple private rooms across suites 104–107.

    View details
    Spa & Wellness Salon Suite
    Spa & Wellness Salon Suite

    6848 N Government Suites 104,105 Way, Dalton Gardens, ID 83815

    $139,000

    Tanning salon and spa setup with multiple tanning beds, Versa Spa spray tanning, infrared sauna, and two income-producing rooms.

    View details

    Medical Lake, WA Spa & Wellness Properties Market Trends and Statistics

    Explore 1 spa & wellness properties for sale in Medical Lake, WA on our real estate platform. These investment opportunities span a total of 1,924 square feet of properties for sale, with an estimated market value of $285,000.

    Sale prices for spa & wellness properties in Medical Lake, WA average $285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 1

    Demographics Overview

    Population 9,398
    Population Growth (5Y) +10.7%
    Median Household Income $90,814
    College Educated 38.9%

    Taxes & Financing

    Tax Rate (average for all types) 0.55%
    Property Tax per SF $10.31 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

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