1001 25Th AveSpokane, WA 99203
- Turn key restaurants
- 4,612 SF
Property Details for 1001 25Th Ave
- Year built
- 1928
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 4,612 SF
- Property type
- Turn key restaurants
- APN
- 35303.2801
- APU
- 353032801
Description
This exceptional retail space, located at 1001 W 25th Ave in Spokane County, presents a fantastic opportunity for a discerning business owner. The property boasts a total building size of 4,568 square feet, with 1,150 square feet currently available for lease. This single-tenant space is situated on a 0.16-acre lot and is part of a building constructed in 1928, offering a blend of character and modern functionality. The property's excellent South Hill location provides high visibility and accessibility, attracting a substantial customer base. Ample paved parking is available, ensuring convenient access for both customers and employees. The space is ideal for a variety of retail uses, offering a unique opportunity to establish a thriving business in a desirable area. The property's location within Spokane County offers easy access to major transportation routes and a strong local economy. This is a rare opportunity to secure a well-positioned retail space in a thriving community. The 1,150 square feet of vacant space provides a blank canvas for your business vision, allowing for customization to meet your specific needs. Don't miss this chance to secure a prime retail location in South Hill.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,044,165
- 6.5%
- $1,886,922
- 7%
- $1,752,142
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,477,978
- Geo Method
- $2,477,978
-
Alternative Use
- Use
- Valuation
- Residential
- $1,591,689
- Hospitality
- $1,457,979
- Educational
- $1,213,021
- Medical
- $1,254,739
- Retail
- $1,886,922
Location Insight
- City
- Spokane
- County
- Spokane
- State
- Washington
- Latitude
- 47.6315
- Longitude
- -117.427
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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