627 Sprague AveSpokane, WA 99202

This exceptional 36,000-square-foot retail property, located at 627 E Sprague Ave in Spokane, Washington, presents a unique owner-user opportunity. The building is currently vacant and offers flexible lease options ranging from 5,000 to 36,000 square feet, making it ideal for a variety of uses. The asking price is $6,000,000, translating to a price per square foot of $166.67. The property boasts convenient access to I-90 and the U-District, ensuring high visibility and accessibility. Ample parking is available, with 80 secure underground parking stalls and an additional 40 surface parking spaces. The potential exists to expand the underground parking further. Furthermore, the property is situated within a Qualified Opportunity Zone, offering potential tax advantages for investors. Pre-planned façade enhancements are available, and tenant improvement allowances are negotiable. This is a rare opportunity to acquire a substantial, well-located retail space in a thriving Spokane market. The property is zoned for medical and office uses, in addition to retail. The lease type is NNN.