12322 N Ruby Rd, Spokane, WA 99218
Spokane County
Key Facts
Description
State Certified Alzheimer’s care facility established 15-year Tenant and 100% occupied. This property is offered currently at a 6% cap rate. The project offers a total of 15,066 sq ft consisting of 4 separate wings, each wing has 10 beds (9 rooms), kitchen, laundry, ADA bathrooms, office area, common area with fireplace and television, and a dining area. One wing has had a kitchen remodel to provide a “commercial” kitchen for food prep for the entire facility. The tenant is currently paying $17.41 sf NNN rent with an increase scheduled in 3/2027 to $17.93. The tenant has one 5-year option remaining at market rent to be negotiated at the time of option. Please contact agent for additional information.
Property Information
Property Type
Commercial Sale
Year Built
1999
Lot Size
1.38 acres
Parking Spaces
18
Zoning
MU
Days on Market
7
MLS® Listing#
202620502
Property Features
Interior
Cooling
Heating
Basement
Lot Features
Construction
Roof
Security
Financial Details
Annual Taxes
$27,498
Parcel Number
36082.0141
Directions
Division north to Hastings, West on Hastings, North on Ruby
Affordability Calculator
$860,000
Estimated monthly payment
$22,886/mo
Principal $3,440,000 · Est. interest $4,799,106 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spokane, WA
- $479,340
- Median Listing Price
- 43
- Median Days on Market
- 2,202
- Median Sq Ft
- $220
- Median Price / Sq Ft
- 1,841
- Active Listings
- This home’s price is 797% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spokane, WA.
Location
- 12322 N Ruby Rd, Spokane, WA 99218
Points of Interest in Spokane, WA
Showing the Spokane area map.
Nearby Schools
Mead High School
Secondary · 0.3 mi away
Mead Alternative Center
School · 0.6 mi away
Brentwood Elementary
Elementary · 0.6 mi away
Northview Bible Church
School · 0.8 mi away
Northwood Middle School
Secondary · 1.2 mi away
North Star School Mead
School · 1.2 mi away
Farwell Elementary School
Elementary · 1.4 mi away
Mead School District
Elementary · 1.6 mi away
Mead High School
Secondary · 1.6 mi away
Professional Ballet School
School · 1.8 mi away
North Wall Schools
Elementary · 2.0 mi away
Education NW Resources
Elementary · 2.0 mi away
Saint George's School
School · 2.1 mi away
Spokane Montessori School
Elementary · 2.3 mi away
Creekside Elementary School
Elementary · 2.3 mi away
Evergreen Elementary School
Elementary · 2.4 mi away
Prairie View Elementary School
Elementary · 2.5 mi away
Shiloh Hills Elementary School
Elementary · 2.5 mi away
St Thomas More School
Secondary · 2.6 mi away
Christian Slavic Academy
School · 2.7 mi away
Commute Calculator
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|---|---|---|---|---|
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| 5600 S Hatch St, Spokane, WA | $3,200,000 | — | — | — |
| 14107 N Boulder Park Ln, Spokane, WA | $3,350,000 | 6 | 8 | 8,304 |
| 10910 W 53rd Ave, Spokane, WA | $4,200,000 | — | — | — |
| 507 S Howard St, Spokane, WA | $4,250,000 | — | — | 42,500 |
Moving Cost Estimate
EXIT Agents in Spokane
Listing Courtesy: John L Scott, Spokane Valley - (509) 220-7973