100
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
PUBLISHED RESERVE:
$300,000
(Leasehold Interest Only)
LAST ASKING:
No Prior Sale
SIZE:
2,814± Square Feet on 1.13± Acre Site
ZONING:
M-3 (Community Center
Mixed Use)
PROPERTY INSPECTION:
By
Appointment Only – Building is occupied.
Please do not disturb tenant.
FINANCING:
None – All Cash
DESCRIPTION:
This 2,814± square foot
former bank branch was built in 2000 and
is currently vacant. The property is located near Liberty Lake Corporate Park at the intersection of East
Appleway Avenue and Meadowood Lane, with excellent access to I-90. The property has potential reuse
as professional office, restaurant or retail. The building is across from the Liberty Lake Business Park and
is near Albertsons, Safeway, and the Spokane Teachers Credit Union headquarters.
Liberty Lake is a growing Spokane subdivision and is within a 20-minute commute west. The population
of Liberty Lake has increased 8.7% from 2010-2013.
The sale of this property is for the leasehold interest, only. The current annual ground lease paid by the
Seller is $32,000, and expires in November 2019, with an option to extend until November, 2049. Please
see Supplemental Information Package for a copy of the lease.
The M-3 zoning allows for a variety of commercial and retail uses, including school, child care center,
office, medical supply, restaurant / cafe, hair and tanning salon.
The property is 1.13± acres, and has parking for 33 cars.
LOCATION:
22408 E. Appleway Avenue, Liberty Lake, Washington. APN: 55103017
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 18, 2015
Former Bank Branch along I-90 by The Home Depot at Liberty Lake
Corporate Park, Liberty Lake, Washington
150
N
Liberty Lake
E Country Vista Drive
N Liberty Lake Road
Safeway
Albertsons
Liberty Lake
Corporate Park
East Appleway Avenue
Spokane Teachers Credit
Union Headquarters
I-90
Former Bank
Branch
