Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

15614 E Sprague-Sculptured Gardens 15614 E Sprague Ave 10,464 SF Retail Building Veradale, WA 99037 $1,975,000 ($188.74/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 1.7 Ac Land, 3,800 sqft Retail Building +6,664 sqft Green Houses, Highly Versatile Uses
  • Superior Retail Location on Sprague Ave/ Sullivan Rd Corridor
  • Tremendous Visibility, High Traffic Counts, Huge Digital Double Faced Signage

EXECUTIVE SUMMARY

Highly Versatile Commercial Property w/131 feet of Sprague Ave Frontage & 10,460 sqft under roof cover, zoned Regional Commercial CR), Commercial Mixed Use (CMU). Do not let the Commercial Exterior deter you from experiencing first hand the Warm & Inviting Interior of this Retail Space. This is a must see property. Tremendous Visibility, 25,000+ Vehicles Daily, High Resolution Digital Sign, Double Sided. Located in the Highly Desirable Rapidly Growing Spokane Valley Area on Sprague Ave & Sullivan Rd, Across From Fred Meyer. Easy I-90 Access on Sullivan. Property is Shadow Anchored by National Tenants Fred Meyer, Walgreens, PetCo, Five Guys, Dairy Queen, ACE Hardware, Banner Bank, Jersey Mike’s Subs. Great Parking, New Asphalt, Fenced/Cross-Fenced, w/Rolling Gates, ADA Access, In-Ground Sprinklers, Covered Patio/Porch, Metal Roofing. Seller may offer Financing Terms to Well Qualified Buyer w/Substantial Down Payment.
Currently Used as a Year Round Gift Shop, Garden Center & Plant Nursery; but is only operated on a Part Time Basis by Offsite Owner Operator who started the business as a Hobby. 3,800 sqft +/- Retail Building w/Attic Storage plus Food Approved Triple Sink in Kitchen/Prep area supports a future Food Offering. Owner has Architectural Drawings for a Coffee Bar & Sandwich/Dessert Counter. 6,460 sqft in Greenhouses currently used for Nursery Growing On Site, could be used for Direct Retailing of Live Plants and/or Retail Inventory or for Environmentally Controlled Storage, Warehouse or Service Production work. Business Offering, Inventory, Furniture, Fixtures & Equipment, including the 2 Sheds on the property are NOT included in the offering price but are 4-Sale. Listing Broker has an ownership interest in the property and the business.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Garden Center
Building Size
10,464 SF
Building Class
C
Year Built
1995
Price
$1,975,000
Price Per SF
$188.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.70 AC
Zoning
C
Parking
23 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
131’ on E Sprague Ave

AMENITIES

  • Pylon Sign
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Fred Meyer
Banner Bank
Chase Bank
Five Guys
Washington Trust Bank
U.S. Bank
Club Pilates
Global Credit Union
Dutch Bros

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45242.0439
Land Assessment
$593,020
Improvements Assessment
$119,700
Total Assessment
$712,720
  • Listing ID: 37908279

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 15614 E Sprague Ave, Veradale, WA 99037

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}