The Meeting House | 1801 E 11th Ave
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The Meeting House 1801 E 11th Ave
2,240 SF Vacant Retail Building Spokane, WA 99202 £628,058 (£280/SF)
Executive Summary
Updated retail building located in the vibrant South Perry District. The building and coffee business are both for sale. This would be a perfect space for a regional/local coffee, or food preparation business to expand to.
Meeting House is a vibrant café nestled in the heart of Spokane’s South Perry neighborhood. Opened in February 2020, it has quickly become a local favorite, initially offering specialty coffee, teas, pastries, and sandwiches. Over time, its menu has expanded to include beer, wine, and a broader range of lunch and evening food options.
Performance & Growth
The café has seen impressive growth year-over-year, with a 25% sales increase in 2023 compared to 2022, and a 50% jump in 2022 over 2021.
Space & Atmosphere
The café boasts a spacious indoor seating area with a maximum capacity of 66 guests. Seating options are diverse, including bar tops, two-person tables, three-person tables, a large communal table, and a private meeting room that can be rented for groups of up to 10. In addition to the indoor space, Meeting House features patio seating at the front and west side of the café, a large patio to the east, and a turf beer garden behind the café complete with picnic tables. This warm and welcoming environment attracts a wide range of patrons, from neighbors and families to students, remote workers, and local employees.
Meeting House is a vibrant café nestled in the heart of Spokane’s South Perry neighborhood. Opened in February 2020, it has quickly become a local favorite, initially offering specialty coffee, teas, pastries, and sandwiches. Over time, its menu has expanded to include beer, wine, and a broader range of lunch and evening food options.
Performance & Growth
The café has seen impressive growth year-over-year, with a 25% sales increase in 2023 compared to 2022, and a 50% jump in 2022 over 2021.
Space & Atmosphere
The café boasts a spacious indoor seating area with a maximum capacity of 66 guests. Seating options are diverse, including bar tops, two-person tables, three-person tables, a large communal table, and a private meeting room that can be rented for groups of up to 10. In addition to the indoor space, Meeting House features patio seating at the front and west side of the café, a large patio to the east, and a turf beer garden behind the café complete with picnic tables. This warm and welcoming environment attracts a wide range of patrons, from neighbors and families to students, remote workers, and local employees.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£342,426
|
£152.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£342,426
|
£152.87
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £342,426 |
| Annual Per SF | £152.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £342,426 |
| Annual Per SF | £152.87 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,240 SF
Year Built/Renovated
1925/2018
Price
£628,058
Price Per SF
£280
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.34
Land Acres
0.15 AC
Opportunity Zone
Yes
Zoning
RSF
PROPERTY TAXES
| Parcel Number | 35213.1126 | Improvements Assessment | £250,507 (2024) |
| Land Assessment | £62,205 (2024) | Total Assessment | £312,712 (2024) |
PROPERTY TAXES
Parcel Number
35213.1126
Land Assessment
£62,205 (2024)
Improvements Assessment
£250,507 (2024)
Total Assessment
£312,712 (2024)
-
Derek Raivio -
LT Real Estate
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The Meeting House | 1801 E 11th Ave
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