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Sprague Avenue Mixed-Use Commercial Building 14909 E Sprague Ave 5,014 SF Retail Building Spokane, WA 99216 $1,350,000 ($269.25/SF)



Investment Highlights
- ±150’ of frontage along East Sprague Avenue
- Fenced and secured rear parking / yard area with wrought iron fencing
- Flexible CMU (Corridor Mixed Use) zoning allowing a wide range of commercial uses
- Two (2) curb cuts providing dedicated ingress and egress from Sprague
- Prominent pylon signage with high-visibility exposure
- Clear-span construction offering efficient layout and adaptability
Executive Summary
Offering approximately 150 feet of frontage along East Sprague Avenue, this free-standing ±5,014 SF commercial building is situated on ±0.52 acres in the heart of Spokane Valley’s primary retail corridor, positioned between Sullivan Road and Evergreen Road.
Currently built out as an office and showroom facility for a local fencing company, the building features a functional layout with multiple private offices, open showroom/work areas, and support space designed to balance privacy with collaborative workspace. A new TPO roof was installed in 2023, reducing near-term capital expenditure risk.
With average daily traffic exceeding 24,000 vehicles on Sprague Avenue, the property benefits from strong visibility, established surrounding retail synergy, and convenient access to Interstate 90. The site configuration and frontage provide flexibility for owner-users, redevelopment potential, or repositioning as a retail, service, or showroom asset.
Currently built out as an office and showroom facility for a local fencing company, the building features a functional layout with multiple private offices, open showroom/work areas, and support space designed to balance privacy with collaborative workspace. A new TPO roof was installed in 2023, reducing near-term capital expenditure risk.
With average daily traffic exceeding 24,000 vehicles on Sprague Avenue, the property benefits from strong visibility, established surrounding retail synergy, and convenient access to Interstate 90. The site configuration and frontage provide flexibility for owner-users, redevelopment potential, or repositioning as a retail, service, or showroom asset.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,014 SF
Building Class
B
Year Built/Renovated
1986/2006
Price
$1,350,000
Price Per SF
$269.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.52 AC
Zoning
CMU
Parking
25 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 45144.2146 | Improvements Assessment | $664,000 |
| Land Assessment | $226,500 | Total Assessment | $890,500 |
Property Taxes
Parcel Number
45144.2146
Land Assessment
$226,500
Improvements Assessment
$664,000
Total Assessment
$890,500
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Sprague Avenue Mixed-Use Commercial Building | 14909 E Sprague Ave
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