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525-555 E Francis Ave
Spokane, WA 99208
Retail Property For Sale


Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
137,861 SF
Building Class
B
Year Built/Renovated
1965/1993
Price
$14,250,000
Price Per SF
$103.36
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.32
Lot Size
9.87 AC
Zoning
GC - General Commercial
Parking
600 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
568’ on E Francis Ave
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 36293.0004 | Improvements Assessment | $3,690,700 |
| Land Assessment | $2,573,310 | Total Assessment | $6,264,010 |
Property Taxes
Parcel Number
36293.0004
Land Assessment
$2,573,310
Improvements Assessment
$3,690,700
Total Assessment
$6,264,010
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