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%
MLS# | 201910795 |
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Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 31 |
SQ Feet | 8,400 |
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Story(s) | 2 |
Area Information | |
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State | WA |
County | Spokane |
City | Spokane Valley |
Zip Code | 99216 |
Area | A110/069 |
Listing VS Median (in 99216) | |
Price: $2,225,000 low | high Med: $276,426 SqFt: 8,400 low | high Med: 1,408 $ / SqFt: $265 low | high Med: $196 On Site: 31 low | high Med: 44 |