For Sale
$1,500,000

4023 Sprague AveSpokane, WA 99202

High-traffic Spokane retail property.

Overview

Added:
Dec 11, 2024
Days on market:
109
This exceptional Spokane, WA retail investment opportunity encompasses ±1.06 acres of prime commercial real estate on Sprague Avenue, boasting approximately 14,737 square feet of building space across two buildings. The property features ±385 feet of frontage along this high-traffic arterial, placing it in close proximity to major retailers such as Costco, Home Depot, Lowe's, and Walmart, ensuring high visibility and accessibility. The two buildings offer diverse options. One building, constructed in 1955, offers approximately 7,031 square feet on a 0.51-acre lot (APN 35154.4803). The second building, built in 1929 (retail portion) and 2001 (mini-storage portion), comprises approximately 7,706 square feet (3,106 sq ft retail and 4,600 sq ft mini-storage) on a 0.51-acre lot (APN 35154.4905). Both parcels are zoned General Commercial with a 70-foot height limit (GC-70), presenting a multitude of development possibilities. The asking price for this combined property is $1,500,000. The property's location at 4023 & 4107 E Sprague Ave, Spokane, WA 99202, offers unparalleled exposure and potential for significant return on investment. This is a rare chance to acquire a substantial retail property in a thriving Spokane location.

Highlights

  • 7,031 SF building on 0.51-acre lot.
  • 22,156 SF lot (0.51 acres).
  • Parcel ID: 35154.4803.
  • General Commercial zoning, 70-foot height limit.
  • Built in 1955.
  • 3,106 SF retail building and 4,600 SF, 18-unit mini-storage on a 0.51-acre lot.

Property Details for 4023 Sprague Ave

Property type
Retail properties
Square Feet
14,737 SF
Buildings
2
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6575379
Longitude
-117.3504819
4023 Sprague Ave, Spokane, Washington

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4023 Sprague Ave
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