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2624 N Monroe St
Spokane, WA 99205
Retail Property For Sale
Investment Highlights
- Established and successful auto detailing location
- Located in a dense automotive service corridor
- New roof eliminates near-term capital expense
- Excellent corner visibility with 40’ Monroe frontage / 100’ Chelan frontage
- Consistent walk-in traffic and local customer base
- Flexible CC2 zoning allowing multiple commercial uses
Executive Summary
2624 N Monroe St presents a rare opportunity to acquire a visible, fully operational auto and boat detailing property in one of Spokane’s most active commercial corridors. Currently home to a successful and well-established detailing business, the property benefits from strong walk-in traffic and consistent demand driven by surrounding automotive and service-related businesses.
Positioned on a prominent corner along N Monroe Street, the property offers excellent frontage, accessibility, and exposure. The site’s location within a dense cluster of auto shops and service users creates a synergistic environment that supports continued business success.
In addition to its strong operational fundamentals, the seller is currently replacing the roof, allowing the property to be delivered with a new roof at closing, significantly reducing near-term capital expenditures.
This offering is ideal for an owner-user looking to step into a proven location or an investor seeking a well-located asset with strong underlying demand drivers.
Positioned on a prominent corner along N Monroe Street, the property offers excellent frontage, accessibility, and exposure. The site’s location within a dense cluster of auto shops and service users creates a synergistic environment that supports continued business success.
In addition to its strong operational fundamentals, the seller is currently replacing the roof, allowing the property to be delivered with a new roof at closing, significantly reducing near-term capital expenditures.
This offering is ideal for an owner-user looking to step into a proven location or an investor seeking a well-located asset with strong underlying demand drivers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,701 SF
Building Class
C
Year Built
1935
Price
$499,000
Price Per SF
$293.36
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.09 AC
Zoning
CC2 - CC2
Parking
2 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Skylights
- Air Conditioning
Property Taxes
| Parcel Number | 35072.4005 | Improvements Assessment | $169,400 |
| Land Assessment | $40,000 | Total Assessment | $209,400 |
Property Taxes
Parcel Number
35072.4005
Land Assessment
$40,000
Improvements Assessment
$169,400
Total Assessment
$209,400
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