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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28743912
28758791

Address Not Disclosed, Spokane Valley, WA 99216

BP
WA WA- B41414
Coldwell Banker Commercial
Listed by Coldwell Banker Commercial
$1,250,000
183 days on market
Updated 66 days ago

Address Not Disclosed

Details
Property Type Business for Sale, Mixed Use (+2)
Sub Type Business and Building
Square Footage 3,100
Net Rentable (SqFt) 3,100
Cap Rate 9.11%
NOI $113,904
Occupancy 100%
Price per SqFt $403
Broker Co-Op Yes
Class A
Year Built 1949
Year Renovated 2016
Buildings 1
Stories 1
Acreage 1.290
Zoning CMU
Investment Type Owner/User

Prime Investment Opportunity that includes Real Property and Reputable Long-standing Business

Marketing description

Introducing a prime investment opportunity that includes both real property and a well-established, highly regarded business in Spokane Valley, WA. This long-standing operation has earned an exceptional reputation for quality, consistency, and an elevated customer experience, becoming a respected fixture within the community.

The offering features a 3,100 SF free-standing building, originally constructed in 1949 and beautifully renovated in 2016, combining timeless character with modern updates. Strategically positioned in a vibrant retail corridor and zoned CMU, the property benefits from excellent visibility, strong traffic patterns, and proximity to other established commercial uses—an ideal setting for retail or a variety of complementary commercial endeavors.

With its upscale atmosphere, proven longevity, and loyal clientele, this business presents a rare turnkey opportunity for a discerning buyer seeking a high performing operation supported by valuable real estate. Investors will appreciate the versatility, stability, and future growth potential offered by this unique asset in the thriving Spokane Valley market. Please contact the listing agent for a Confidentiality Agreement to receive details financial information on the business.

**The business is truly bursting at the seams and is perfectly positioned for expansion**

Investment highlights

  • 3100 SF free-standing building w/ 240 SF attached storage space

  • 1.29 acres with 100 Ft. of frontage on Sprague, 2 entrances, dedicated employee parking in rear

  • Approximate traffic count 23,000

  • Renovated in 2016

  • 2 spa treatments rooms with shower

  • 1 spa treatment room with sink

  • 1 larger side by side spa treatment room

  • Large spa party room with vaulted ceiling and open beams

  • Built-in retail area

  • Professionally installed built-in coffee bar

  • Sunroom with ample natural light

  • Built-in sound system

  • Security system with 15 cameras

  • Central Air/gas furnace

  • 2 new tankless water heaters

Listing Contacts

BP
WA WA- B41414
Coldwell Banker Commercial
Listed by Coldwell Banker Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,904.00
$9,492.00/mo

Valuation Metrics

0
DSCR
9.11%
Cap Rate
9.11%
ROI

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Additional Information

Name
Barb Pielli
License
WA- B41414
Brokerage
Coldwell Banker Tomlinson Commercial
Brokerage Phone
509-714-5071
Title
Broker
Brokerage Address
4102 South Regal Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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