525-555 E Francis Ave 137,861 SF Retail Building Spokane, WA 99208 $14,250,000 ($103.36/SF)

555 E. Francis Avenue presents an opportunity to acquire a large-scale commercial property positioned within Spokane's established north metro retail and service corridor. The site encompasses approximately 9.87 acres with frontage along Francis Avenue, Addison Street, and Standard Street, providing multiple points of visibility and access. Its location just minutes from the North Spokane Corridor and U.S. Highway 395 supports convenient connectivity throughout the Spokane region.
The property is improved with approximately 137,861 square feet of commercial improvements, including a primary building and a separate pad building. Originally developed as a Fred Meyer location and currently occupied by RnR RV Center, the asset offers substantial existing infrastructure suited to a variety of commercial, retail, service, showroom, automotive, recreation, and redevelopment scenarios subject to local approvals. Building features include CMU and steel construction, LED lighting throughout, wet and dry sprinkler systems, extensive loading capability with multiple grade-level and dock-high doors, and a combination of showroom, office, and service areas.
Significant capital improvements have been completed over time, including a new roof installed in 2020, a major building expansion in 1993, and a remodeled service area completed in 2016. The property's General Commercial (GC-70) zoning designation further supports a broad range of commercial uses. Combined with its prominent frontage, regional accessibility, and established commercial surroundings, the property offers owner-users and investors a well-located asset within one of Spokane's primary commercial corridors.