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6505 E Sprague Ave 2,406 SF Retail Building Spokane Valley, WA 99212 $799,000 ($332.09/SF)

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EXECUTIVE SUMMARY

INVESTMENT HIGHLIGHTS:
Owner-User, Value Add, or Redevelopment Opportunity:
Well positioned for an Owner-User, Value-Add Investor, or Developer to reposition or redevelop into a new retail, restaurant, or alternative commercial concept.
Existing Drive-Thru Infrastructure:
The former Zip's Drive- In includes an existing drive-thru and electronic pylon sign.
High-Traffic Arterial with Strong Visibility:
Located directly on Sprague Avenue, right off the I-90 Freeway, with an Average Daily Traffic Count exceeding 31,000+ vehicles per day, providing maximum visibility and accessibility.
Dense Retail Trade Area:
The property is located just East of several National Tenants including, Walmart, Costco, Home Depot, Lowe's Home Improvement, Big 5 Sporting Goods, etc., reinforcing the area as a dominant retail hub.
Ample On-site Parking:
+/- 34 surface stalls (14 per 1,000 SF) supporting high customer traffic and easy access.
FF&E Available:
Call Listing Brokers for details.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
2,406 SF
Building Class
C
Year Built/Renovated
1969/1990
Price
$799,000
Price Per SF
$332.09
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Zoning
RC
Parking
36 Spaces (14.96 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Sunbelt Rentals
United Rentals
CrossFit
Starbucks
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35133.2607
Land Assessment
$248,440
Improvements Assessment
$136,800
Total Assessment
$385,240
  • Listing ID: 38089282

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 6505 E Sprague Ave, Spokane Valley, WA 99212

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