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22974445
22974446

225 E 3rd Ave, Spokane, WA 99202

KIEMLE HAGOOD
Listed by KIEMLE HAGOOD
$1,150,000
415 days on market
Updated 5 days ago
Opportunity zone

Medical/Office/Retail for Sale

Details
APN 35202.2413
Property Type Office, Retail
Sub Type Storefront, Traditional Office
Square Footage 6,941
Cap Rate 6.83%
NOI $78,545
Occupancy 100%
Price per SqFt $166
Class B
Year Built 1978
Buildings 1
Stories 1
Acreage 0.320
Zoning General Commercial
Investment Type Stabilized

Office | 6.83% CAP | 6,941 SqFt

Marketing description

Medical/Office/Retail for Sale

Great building in periphery of downtown Spokane, WA. Property is professionally managed and is positioned very well for an owner user investor.

SALE PRICE: $1,150,000

Total Building size: 6,941 SF

Land Size: 14,200

Zoning: GC

Parcel #: 35202.2413

Year Built: 1978

Current monthly income: $6,432

Current space available for lease or occupancy: 2,300 SF/most recent

Listing Contacts

KIEMLE HAGOOD
Listed by KIEMLE HAGOOD

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$78,545.00
$6,545.42/mo

Valuation Metrics

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DSCR
6.83%
Cap Rate
6.83%
ROI

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