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2503 Northwest blvd
Spokane, WA 99205
Retail Property For Sale

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Executive Summary

The Human Bean on Northwest Fantastic opportunity to own a thriving retail property in Spokane, Washington. This property boasts a Building Size of 616± SF, with a completed site & espresso stand. With impressive visibility on a heavy traffic corner and a traffic count of 19,100± vehicles per day on Northwest Boulevard and 19,900± vehicles per day on TJ Meenach Drive, this property is a prime location. The lot size is 12,133± SF (0.28± Acres), providing ample space for parking with 4 striped stalls and additional curbside parking. Zoned as Community Business (CB-55), this property offers flexibility for various business opportunities. The Human Bean business, valued at $435,000, can be purchased separately. Anticipated Lease-Back NOI from the business operator is $120,000 per year. Don't miss out on this incredible chance to own not just real estate, but also a successful business!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
616 SF
Building Class
C
Year Built
2024
Price
$2,230,000
Price Per SF
$3,620.13
Cap Rate
5.38%
NOI
$120,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.28 AC
Zoning
CB

Property Taxes

Property Taxes

Parcel Number
25122.1112
Land Assessment
$109,200
Improvements Assessment
$318,400
Total Assessment
$427,600
  • Listing ID: 35678420

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: 2503 Northwest blvd, Spokane, WA 99205

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