12909 E Sprague
Spokane Valley, WA 99216

$2,225,000

Email Text
Be Social

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%

Details

MLS#201910795
Sub-TypeResale
StatusActive
Year1960
Days On Site31

Features

SQ Feet8,400
Story(s)2

Loading Form

Shane Greenfield

Shane Greenfield

 (208) 640-1269

Loading Form

Area Information

StateWA
CountySpokane
CitySpokane Valley
Zip Code99216
AreaA110/069
Listing VS Median (in 99216)
Price:
$2,225,000
low | high
Med:
$276,426
100% of Average
SqFt:
8,400
low | high
Med:
1,408
100% of Average
$ / SqFt:
$265
low | high
Med:
$196
75.881690500511% of Average
On Site:
31
low | high
Med:
44
70.454545454545% of Average
Listing Updated: 02/17/2019
MLS Number: 201910795
Listing Provided By:
Tyson Young  of  NuKey Realty Property Mgmt LLC

MLS Internet Data Exchange (IDX) information 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Shane Greenfield - Coldwell Banker Schneidmiller - Coeur d'Alene, ID

© 2016 Shane Greenfield - Coldwell Banker Schneidmiller - Coeur d'Alene, ID - (208) 765-2222.
Equal housing opportunity. An equal opportunity company.
© 2018 Coldwell Banker Schneidmiller. Equal housing opportunity. An equal opportunity company.

© 2018 Coldwell Banker Schneidmiller. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Schneidmiller fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

MLS Internet Data Exchange (IDX) information 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Listings updated 3 minutes ago