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633 N Madelia St
Spokane, WA 99202
Retail Property For Sale
EXECUTIVE SUMMARY
Business Sale Price: $525,000
Business Plus Real Estate: $1,500,000
Real Estate May Be Leased for $6,500 a Month Plus NNN
Building Size: 5,061 SF ±
5 Bay Doors
Large Fenced Yard
Strategically Located in High-Traffic Area of Spokane
Gross Revenue (2024): $406,319
Gross Revenue (2023): $467,569
Net Profit (2024): $78,928
Net Profit (2023): $70,448
Seller’s Discretionary Earnings (SDE): $174,359 (2024) | $171,577 (2023)
Business Plus Real Estate: $1,500,000
Real Estate May Be Leased for $6,500 a Month Plus NNN
Building Size: 5,061 SF ±
5 Bay Doors
Large Fenced Yard
Strategically Located in High-Traffic Area of Spokane
Gross Revenue (2024): $406,319
Gross Revenue (2023): $467,569
Net Profit (2024): $78,928
Net Profit (2023): $70,448
Seller’s Discretionary Earnings (SDE): $174,359 (2024) | $171,577 (2023)
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,061 SF
Building Class
C
Year Built/Renovated
1946/1965
Price
$1,500,000
Price Per SF
$296.38
Business Value
$525,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
LI
Parking
15 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 35163.1014 | Improvements Assessment | $188,900 |
| Land Assessment | $71,000 | Total Assessment | $259,900 |
PROPERTY TAXES
Parcel Number
35163.1014
Land Assessment
$71,000
Improvements Assessment
$188,900
Total Assessment
$259,900
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