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6505 E Sprague Ave 2,406 SF Retail Building Spokane Valley, WA 99212 $1,115,340 CAD ($463.57 CAD/SF)



EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS:
Owner-User, Value Add, or Redevelopment Opportunity:
Well positioned for an Owner-User, Value-Add Investor, or Developer to reposition or redevelop into a new retail, restaurant, or alternative commercial concept.
Existing Drive-Thru Infrastructure:
The former Zip's Drive- In includes an existing drive-thru and electronic pylon sign.
High-Traffic Arterial with Strong Visibility:
Located directly on Sprague Avenue, right off the I-90 Freeway, with an Average Daily Traffic Count exceeding 31,000+ vehicles per day, providing maximum visibility and accessibility.
Dense Retail Trade Area:
The property is located just East of several National Tenants including, Walmart, Costco, Home Depot, Lowe's Home Improvement, Big 5 Sporting Goods, etc., reinforcing the area as a dominant retail hub.
Ample On-site Parking:
+/- 34 surface stalls (14 per 1,000 SF) supporting high customer traffic and easy access.
FF&E Available:
Call Listing Brokers for details.
Owner-User, Value Add, or Redevelopment Opportunity:
Well positioned for an Owner-User, Value-Add Investor, or Developer to reposition or redevelop into a new retail, restaurant, or alternative commercial concept.
Existing Drive-Thru Infrastructure:
The former Zip's Drive- In includes an existing drive-thru and electronic pylon sign.
High-Traffic Arterial with Strong Visibility:
Located directly on Sprague Avenue, right off the I-90 Freeway, with an Average Daily Traffic Count exceeding 31,000+ vehicles per day, providing maximum visibility and accessibility.
Dense Retail Trade Area:
The property is located just East of several National Tenants including, Walmart, Costco, Home Depot, Lowe's Home Improvement, Big 5 Sporting Goods, etc., reinforcing the area as a dominant retail hub.
Ample On-site Parking:
+/- 34 surface stalls (14 per 1,000 SF) supporting high customer traffic and easy access.
FF&E Available:
Call Listing Brokers for details.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
2,406 SF
Building Class
C
Year Built/Renovated
1969/1990
Price
$1,115,340 CAD
Price Per SF
$463.57 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
RC
Parking
36 Spaces (14.96 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35133.2607 | Improvements Assessment | $192,034 CAD |
| Land Assessment | $348,750 CAD | Total Assessment | $540,784 CAD |
PROPERTY TAXES
Parcel Number
35133.2607
Land Assessment
$348,750 CAD
Improvements Assessment
$192,034 CAD
Total Assessment
$540,784 CAD
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6505 E Sprague Ave
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