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Iconic Spokane takeout restaurant with the real estate — $625,000.

Ming Wah at 1618 W 3rd Ave — a long-running Chinese takeout restaurant in the former Carl’s Jr building, sold as a package: business, real estate, and restaurant equipment together. The operating takeout business is still in place — keep the concept running or bring your own. Prime 3rd Ave position between Browne’s Addition and downtown, minutes from I-90, with ample parking. Contact broker for the financial history of the operating business.

• Price: $625,000
• Business + real estate + equipment
• Building: 1,900 SF
• Lot: 6,251 SF
• Type: Retail / restaurant

Co-listed with Eric Weaver, NAI Black.

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Turnkey bar & grill with the real estate — $2,200,000. Address confidential.

A well-established, profitable Spokane Valley bar & grill — business and real estate together. The 6,300 SF facility runs a full kitchen, bar, dining room, lounge and private events space on roughly half an acre with generous parking, on a high-traffic thoroughfare. Per the listing, NOI runs upwards of $550,000. Established systems and well-maintained equipment make for a clean transition. Address and financials on a signed confidentiality agreement.

• Price: $2,200,000
• Business + real estate
• Building: 6,300 SF
• Lot: 24,750 SF
• Year built: 1979

Co-listed with Eric Weaver, NAI Black.

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

235,578 SF of light-industrial land — $695,000.

Vacant land on South Thomas Mallen Rd (parcel 24053-9102) zoned Light Industrial, with City of Spokane sewer and water. A big, usable footprint in Spokane’s south industrial corridor at a land-basis price.

• Price: $695,000
• Lot: 235,578 SF
• Zoning: Light Industrial
• Type: Land

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Sprague Ave restaurant with seller financing — $260,000.

A 2,380 SF restaurant on E Sprague Ave near Bowdish Rd, surrounded by Zips, Iron House, Peking Palace and Market Street Pizza. Beautiful dining room and bar, a large chef’s kitchen ready for a variety of concepts, and a big parking lot on 22,560 SF of land. A new attractive long-term lease is available, and the seller will carry with 50% down.

• Price: $260,000 (business)
• Building: 2,380 SF
• Lot: 22,560 SF
• Seller financing available (50% down)

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Downtown retail on Riverside — $18/SF/yr NNN.

2,000 SF of retail space at 225 W Riverside Ave in the downtown core, inside a 14,400 SF building. A front-door presence on Spokane’s main downtown avenue.

• Rate: $18 SF/yr (NNN)
• Space: 2,000 SF
• Building: 14,400 SF
• Type: Retail

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Profitable South Hill drive-thru business — $150,000.

A high-volume drive-thru restaurant business on S Regal St, just south of E 29th Ave, with a long history of success — 2023 net profit was $119,187 before add-backs. Buy it as a franchise (only 1.5% franchise fee) or convert it to your own drive-thru concept. The 3,564 SF building, built in 1995, sits on an attractive ground lease at $6,500/month NNN.

• Price: $150,000 (business)
• Building: 3,564 SF drive-thru
• Ground lease: $6,500 per month (NNN)
• Year built: 1995

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Fine-dining build-out on Northwest Blvd — $1,495,000.

A 3,930 SF building on the corner of W Northwest Blvd and N F St, built out for fine dining (currently Downriver Grill) with modern mechanical systems, updated electrical and efficient HVAC. The clear-span interior adapts cleanly to another restaurant concept or a retail or service use, and the property is extremely well maintained — ready for immediate occupancy.

• Price: $1,495,000
• Building: 3,930 SF
• Lot: 10,800 SF
• Year built: 1928
• Type: Retail / restaurant

Co-listed with Eric Weaver, NAI Black.

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com

Turnkey operation on Division — $199,000.

A turnkey, easy-to-manage business at 223 N Division St, just south of Spokane Falls Blvd, running Tuesday to Saturday, 8 PM to 2 AM, with strong gross sales. Priced for an owner-operator or a family-run operation that wants a downtown Spokane foothold from day one.

• Price: $199,000
• Type: Business opportunity / retail
• Location: Prime Division St, downtown Spokane

Listed by:
JOHN POWERS · NAI Black Commercial Real Estate · (509) 216-8679 · jpowers@naiblack.com