12909 E Sprague
Spokane Valley, WA 99216

$2,225,000

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

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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

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