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2624 N Monroe St 1,701 SF Vacant Retail Building Spokane, WA 99205 $678,894 CAD ($399.11 CAD/SF)
Investment Highlights
- Established and successful auto detailing location
- Located in a dense automotive service corridor
- New roof eliminates near-term capital expense
- Excellent corner visibility with 40’ Monroe frontage / 100’ Chelan frontage
- Consistent walk-in traffic and local customer base
- Flexible CC2 zoning allowing multiple commercial uses
Executive Summary
2624 N Monroe St presents a rare opportunity to acquire a visible, fully operational auto and boat detailing property in one of Spokane’s most active commercial corridors. Currently home to a successful and well-established detailing business, the property benefits from strong walk-in traffic and consistent demand driven by surrounding automotive and service-related businesses.
Positioned on a prominent corner along N Monroe Street, the property offers excellent frontage, accessibility, and exposure. The site’s location within a dense cluster of auto shops and service users creates a synergistic environment that supports continued business success.
In addition to its strong operational fundamentals, the seller is currently replacing the roof, allowing the property to be delivered with a new roof at closing, significantly reducing near-term capital expenditures.
This offering is ideal for an owner-user looking to step into a proven location or an investor seeking a well-located asset with strong underlying demand drivers.
Positioned on a prominent corner along N Monroe Street, the property offers excellent frontage, accessibility, and exposure. The site’s location within a dense cluster of auto shops and service users creates a synergistic environment that supports continued business success.
In addition to its strong operational fundamentals, the seller is currently replacing the roof, allowing the property to be delivered with a new roof at closing, significantly reducing near-term capital expenditures.
This offering is ideal for an owner-user looking to step into a proven location or an investor seeking a well-located asset with strong underlying demand drivers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,701 SF
Building Class
C
Year Built
1935
Price
$678,894 CAD
Price Per SF
$399.11 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.09 AC
Zoning
CC2 - CC2
Parking
2 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Skylights
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 35072.4005 | Improvements Assessment | $230,470 CAD |
| Land Assessment | $54,420 CAD | Total Assessment | $284,891 CAD |
Property Taxes
Parcel Number
35072.4005
Land Assessment
$54,420 CAD
Improvements Assessment
$230,470 CAD
Total Assessment
$284,891 CAD
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2624 N Monroe St
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