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Retail Development Land

Listing was updated at: 06/04/2019
Retail Development Land Retail Development Land Retail Development Land Retail Development Land Retail Development Land Retail Development Land Retail Development Land Retail Development Land

Property Overview

Price/Rent PSF $ 499,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.43
Date Available 05/24/2019
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Description

Location
NR-35 (Neighborhood Retail)
Retail Development Opportunity
High Traffic Corner with Great Visibility
3.5 Miles from Spokane International Airport
1.5 miles from Lifecenter Foursquare Church with an average attendance of 4,500/week
1.7 Miles from Residence and River Run 134 New Apartments
2 miles from Spokane Falls Community College's 113 Acre Campus with 8,000 students
On Route to Riverview Estates
Sunset Highway improvements part of 2018-2021 plan include replacement of pavement surface on Sunset Boulevard between Lindeke Street and Royal Street and construction of bicycle lanes and sidewalk facilities along with upgrade to drainage facilities
Sunset Boulevard
Sunset Boulevard was once the Sunset Highway. When it opened in 1915, it was one of the original roads across the state, the first auto route to traverse the Cascades and the main road in and out of Spokane for motorist travelers.
This year, 2018, the city has designs for a $3.6 million project to refurbish one of the best stretches of the road, the incline up Sunset Hill on the city’s west fringe.
At completion, a new road surface will feature two lanes going up the hill, one coming down, new wide sidewalks, a bike lane on the south side and a wide, elevated and paved trail going up the north side.
After the crest of the hill, the new bike and pedestrian facilities will meet another city project: a 3.2-mile shared-use path between Royal Street and Deer Heights Road where the city meets Airway Heights.




Sale
$499,000 or $8.01/SF
1.43 Acres or 62,290 SF
Possible Uses: Retail Sales and Service, Daycare, Medical Center, Residential Household Living, Office, etc.

Location

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