12909 E Sprague Ave

    Spokane Valley, WA 99216
    • $1,850,000
    • STATUS: Active
    • ON SITE: 217 days
    • ID#: 201910795
    UPDATED: 62 min ago
    $1,850,000
    • 0
      BEDS
    • 1.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,400
      SQFT
    • $220
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This family owned and operated restaurant is centrally located near Pines Road and sits on a oversized 1.6 acre lot with 200 feet of Sprague Avenue frontage. This property boasts an impressive 115 parking spots and the full basement could be used as a banquet hall with additional spaces for offices. This restaurant has been extremely successful under its current ownership and is the perfect smooth running operation for an investor. All trade fixtures and equipment will remain for the sale. Cap Rate is 8.33%

    Monthly Payment Calculator

    © 2019 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2019-08-23T23:20:33.19.
    www.hardiegroup.com/homes/91026736

    12909 E Sprague Ave Spokane Valley, WA 99216

    • Price: $1,850,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 201910795
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.6
    Acres
    8,400
    SQFT
    $220
    $/SQFT
    1960
    Built
    Neighborhood:
    A110/069
    County:
    Spokane
    Area:
    A110/069
    School District:
    Central Valley
    Property Description
    This family owned and operated restaurant is centrally located near Pines Road and sits on a oversized 1.6 acre lot with 200 feet of Sprague Avenue frontage. This property boasts an impressive 115 parking spots and the full basement could be used as a banquet hall with additional spaces for offices. This restaurant has been extremely successful under its current ownership and is the perfect smooth running operation for an investor. All trade fixtures and equipment will remain for the sale. Cap Rate is 8.33%
    Exterior Features

    Access EasementPublic RoadPaved Exterior HardboardMetalWood Garage Size 0 Lot Depth Apx 346 Lot Frontage Apx 200 Lot Information LevelOpenBus RtOversized Lot View CityMountain Roof Composition

    Interior Features

    Basement FullFinished

    Property Features

    Business Opportunity Yes Features Handicap Access Heat Cooling GasForced AirCent A/C Lease No Number Of Onsite Parking 115 Real Property Yes Site Improvements Public SewerSewer ConnectionsPublic Water Taxes 11875 Terms ConvCashCommercial Water Company Modern Year Remodeled 2008

    Listing provided courtesy of Nukey Realty & Property Mgmt, Llc.
    © 2019 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2019-08-23T23:20:33.19.
     
    The Hardie Group
    799 S Stevens St
    Spokane WA, 99204