12622 Sunset HwyAirway Heights, WA 99001

Property Details for 12622 Sunset Hwy

Year built

2004

Lot size

0.38 AC

Property size (Sq ft)

7,800 SF

Property type

Retail properties

Property subtype

Retail space

APN

15234.2710

APU

152342710

Description

This exceptional retail space, Suite A, offers 1,524 square feet of ground floor commercial space in a vibrant Spokane County strip center. The property boasts convenient front and rear access, ensuring ease of entry and exit for both customers and staff. Ample ADA-compliant parking is available, enhancing accessibility for all. High visibility is guaranteed with available pylon signage, providing excellent opportunities for branding and attracting customers. The total building size is 7,800 square feet, with a portion currently vacant. This presents a unique opportunity to establish or expand your business in a thriving retail environment. The property sits on a 0.38-acre lot (APN 15234.2710), offering ample space and potential for future growth. The zoning is designated C1-A. Net operating expenses are estimated at $4.89 per square foot annually. This is a fantastic opportunity for a business seeking high visibility, convenient access, and ample parking in a well-established retail center. Don't miss out on this chance to secure a prime location in a bustling Spokane County commercial area. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,336,391

  6.5%

  $2,156,668

  7%

  $2,002,621

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,190,856

  Geo Method

  $4,190,856

• Alternative Use

  Use

  Valuation

  Residential

  $1,819,231

  Hospitality

  $1,666,406

  Educational

  $1,386,430

  Medical

  $1,434,111

  Retail

  $2,156,668

Location Insight

City

Airway Heights

County

Spokane

State

Washington

Latitude

47.6433

Longitude

-117.586

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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