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707 N Freya St
Spokane, WA 99202
Retail Property For Sale
Executive Summary
Positioned just north of Sprague Avenue on Freya Street, the property benefits from outstanding visibility on a prominent corner lot with strong daily traffic counts of approximately 30,397 vehicles per day. The exposure is enhanced by two, income producing Lamar billboard signs located on the property. Seller financing may be available for qualified buyers, please call Broker for terms.
*Please contact Listing Broker for details
The site consists of approximately 6,416 SF of total building area across three separate buildings, covered breezeway between building #1 and building #2. Situated on 1.364 acres (59,434 SF) and spanning across two parcels (35153.0302 & 35155.0307), the property is fully fenced with two roll-gate entrances, providing excellent access and security. With three bays, two of which are pass-through, eight grade-level overhead doors, and 3-phase power, this heavy industrial zoned property offers a rare opportunity in a centrally located Industrial corridor.
This property is well-suited for a wide range of heavy industrial and commercial uses, including warehouse and distribution facilities, manufacturing and fabrication operations, equipment sales, storage, and repair services. The site can accommodate contractor yards, construction material storage, industrial service businesses, and wholesale operations. Additional permitted or potential uses include heavy equipment and vehicle repair, outdoor storage yards, railroad-related operations, and utility or infrastructure facilities, making the property ideal for industrial users requiring flexible space and functionality.
*Please contact Listing Broker for details
The site consists of approximately 6,416 SF of total building area across three separate buildings, covered breezeway between building #1 and building #2. Situated on 1.364 acres (59,434 SF) and spanning across two parcels (35153.0302 & 35155.0307), the property is fully fenced with two roll-gate entrances, providing excellent access and security. With three bays, two of which are pass-through, eight grade-level overhead doors, and 3-phase power, this heavy industrial zoned property offers a rare opportunity in a centrally located Industrial corridor.
This property is well-suited for a wide range of heavy industrial and commercial uses, including warehouse and distribution facilities, manufacturing and fabrication operations, equipment sales, storage, and repair services. The site can accommodate contractor yards, construction material storage, industrial service businesses, and wholesale operations. Additional permitted or potential uses include heavy equipment and vehicle repair, outdoor storage yards, railroad-related operations, and utility or infrastructure facilities, making the property ideal for industrial users requiring flexible space and functionality.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,416 SF
Building Class
B
Year Built/Renovated
1962/2000
Price
$1,425,027 CAD
Price Per SF
$222.11 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.98
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
HI - Heavy Industrial
Parking
15 Spaces (2.34 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Fenced Lot
- Mezzanine
- Signalized Intersection
- Storage Space
- Awning
Property Taxes
| Parcel Number | 35153.0302 | Improvements Assessment | $119,841 CAD |
| Land Assessment | $40,304 CAD | Total Assessment | $160,145 CAD |
Property Taxes
Parcel Number
35153.0302
Land Assessment
$40,304 CAD
Improvements Assessment
$119,841 CAD
Total Assessment
$160,145 CAD
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