For Sale

Former Bank with Drive Thru

11205 E Sprague Ave,
Spokane Valley, WA 99206
Represented by
SVN | Cornerstone

Asset Snapshot

Regional Mall
Retail Subtype
1970
Year Built
2
Floor Count
28
Parking Spots
0.65 Acres
Land Area

Offering Summary

Investment Overview

11205 E Sprague Ave is a 6,400 SF freestanding building on a 28,126 SF corner parcel at Sprague Avenue and N Moffitt Road, with ±198 feet of frontage on one of Spokane Valley's main commercial arterials. Built as a bank branch, the masonry building offers a ±3,584 SF main floor over a ±2,816 SF finished lower level. The owner has invested more than $150,000 in the building since 2022, including a new TPO membrane roof, new HVAC units and new concrete floor. The main floor is open, with storefront glass and clerestory windows, ready to lay out for the next business. The lower level is fire sprinklered and includes conference and training rooms, a kitchenette, restrooms and storage. The site has 28 parking stalls, three access points and a two-lane drive-thru canopy. CMU zoning allows office, medical, retail, restaurant, light manufacturing and indoor storage, so the building works for a wide range of users. It will be delivered vacant and is available for immediate occupancy.


Investment Highlights

  • Corner location with ±198 feet of frontage on Sprague Ave (±22,500 VPD)
  • Two-lane drive-thru canopy in place
  • 6,400 SF building: ±3,584 SF main floor over ±2,816 SF lower level
  • 28 parking stalls and three access points on a 28,126 SF parcel
  • More than $150,000 in recent improvements: new TPO roof, new HVAC, new concrete floor
  • Open main floor with storefront glass and clerestory windows, ready for buildout
  • Fire sprinklered lower level with conference and training rooms, kitchenette, restrooms and storage
  • Flexible CMU zoning supports office, medical, retail, restaurant, light manufacturing and indoor storage
  • Well suited to medical and dental, professional office, financial services or a drive-thru user
  • As-built floor plans available for both levels
  • Delivered vacant and available for immediate occupancy

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,750,000
Asking Price

Investment Sales Broker

Omar Sadaoui, CCIM
SVN | Cornerstone

Market Insights