Corner lot near I-90 and New Amazon Center

Industrial for Sale
Catylist Listing ID: 30439696
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 4,500 SF
Gross Land Area: 88,880 SF
Sale Price: $750,000
Unit Price: $166.67 PSF
Docks/Doors: 1 Dock, 2 Doors
Property Use Type: Investment, Vacant/Owner-User
Building Name: Free standing with pole sign and attached signage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/16/2019

Overview / Comments

Fantastic 2 + acre S Grove and W Thorpe Ave. corner lot in hot growth area near I-90 freeway exit and new Amazon Center. 4,500 square foot base floor plan with reception area, offices, bathrooms on the North side of the building and stair access mezzanine above. The balance of the building is open and flow thru with 14' roll up door(s) at each end plus a dock high loading ramp on the West side facing S Grove. Existing 4,500 square foot building is well placed in the SW corner of the site allowing for maximum development of the remaining portion of this 2+ acre corner lot. Tenant is in the process of relocating and will stay month to month requiring a 60 day notice.

Additional Details

Nearest MSA: Spokane-Spokane Valley
County: Spokane
Taxing Authority: Spokane County
Tax ID/APN: 25343.0111
Highway Access: I-90 to exit 276 S Grove to property on corner of S Grove and W Thorpe
Airports: Spokane International
Site Description: Generally level with undeveloped portion fronting W Thorpe across the street from new Odom Distribution Center
Area Description: Hot growth area, new Amazon Distribution Center going in nearby, close to Spokane International Airport and I-90 exit 276
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,500 SF
Property Condition: Average
Year Built: 2006
Construction/Siding: Metal Siding
Exterior Description: Metal roof and exterior
Parking Type: Surface
Parking Description: Overbuilt surface parking currently used to park travel buses
Sprinklers: None
Interior Description: Mostly open warehouse area with office space and mezzanine on North side of building
Zoning Description: industrial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,349 11,948 84,674
Median Age: 34.23 35.86 36.17
Households: 869 6,252 35,794
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