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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.

Highlights

  • Commercial Sale
  • Built in 1999
  • 1.38 Acre Lot
  • 131 days on Market

  • Year Built
    1999
  • Stories
    1.0
  • Construction Materials
    Brick Veneer, Fiber Cement
  • Interior Features
    High Speed Internet
  • Security Features
    Security Lights, Security System
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    None

  • Acres
    1.38
  • Lot Features
    Level
  • View
    Territorial


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Frequently Asked Questions

How do I schedule a tour of 12322 N Ruby Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 12322 N Ruby Rd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 12322 N Ruby Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,300,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Spokane, and can even get you in to see the property quickly.

How do I get a virtual tour of 12322 N Ruby Rd?

Yes! A virtual tour is available for 12322 N Ruby Rd. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 12322 N Ruby Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 12322 N Ruby Rd at around $26,762. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 12322 N Ruby Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Spokane County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 12322 N Ruby Rd?

In most cases, yes. Whether 12322 N Ruby Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spokane's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 12322 N Ruby Rd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Spokane and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

12322 N Ruby Rd was listed on July 07, 2026, which means it's been on the market for 131 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1999, making it approximately 27 years old.

What is the lot size of this property?

12322 N Ruby Rd sits on a 1.38-acre lot, which is 60,113 square feet.

What are the property taxes for 12322 N Ruby Rd?

The most recent public record shows annual property taxes for 12322 N Ruby Rd were approximately $27,498. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 12322 N Ruby Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Spokane Association of REALTORS. All rights reserved.

Last Updated: November 15, 2026 at 05:26PM | Source: Spokane Association of REALTORS | MLS#: 202620502

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