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5725-5727 E Sprague Ave
Spokane Valley, WA 99212
Retail Property For Sale


EXECUTIVE SUMMARY
Prime investment opportunity along high-demand retail corridor with this ±29,936 SF commercial building situated on a ±1.42-acre lot in the heart of Spokane Valley. Property sits in front of Home Depot and is adjacent to Walmart, Costco and other National Retailers. Exceptional visibility with prominent frontage and high daily traffic counts. Superior Access along Sprague Avenue and proximity to I-90. Zoned Regional Commercial, the property supports a diverse range of uses, offering strong long-term potential for redevelopment or continued income generation. Originally constructed in 1956, renovated 1980 the building provides a substantial footprint with ample on site parking—approximately 65 stalls—enhancing accessibility and tenant appeal. Its strategic location within a high-traffic commercial corridor positions the asset for sustained value growth and stable occupancy in one of the region’s most active markets.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,936 SF
Building Class
C
Year Built
1980
Price
$5,723,272 CAD
Price Per SF
$191.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
1.42 AC
Zoning
Regional Commercial
Parking
52 Spaces (1.74 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 35144.0205 | Improvements Assessment | $3,261,244 CAD |
| Land Assessment | $1,047,752 CAD | Total Assessment | $4,308,997 CAD |
PROPERTY TAXES
Parcel Number
35144.0205
Land Assessment
$1,047,752 CAD
Improvements Assessment
$3,261,244 CAD
Total Assessment
$4,308,997 CAD
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