1417 Division StSpokane, WA 99202

Property Details for 1417 Division St

Year built

1934

Lot size

0.17 AC

Property size (Sq ft)

3,760 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

35181.0103

APU

351810103

Description

This exceptional Spokane, WA commercial property, located at 1417 & 1423 N Division St, offers a unique investment opportunity. The 3,760 square foot, two-story building sits on a 15,200 square foot lot (0.16 acres) and boasts a prime location on a busy thoroughfare, ensuring high visibility and accessibility. Recently updated with brand new siding and roof, this Class C building also features a new upper access staircase and a dedicated parking lot. The interior offers flexibility for customization, making it ideal for owner-occupants or tenants seeking to create a space tailored to their specific needs. The property includes an adjoining lot, presenting potential for expansion. Built in 1934, this freestanding building offers 3,760 square feet of net rentable space, suitable for a variety of uses, including retail or professional office spaces. The ample parking provides convenience for tenants and customers. This property presents a compelling opportunity to acquire a well-located, updated commercial building in a thriving Spokane market. The APN is 35181.0102 & 35181.0103, and the zip code is 99202.

• CAP approach

  CAP return

  Valuation

  6%

  $741,488

  6.5%

  $684,451

  7%

  $635,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,883,924

  Geo Method

  $1,883,924

• Alternative Use

  Use

  Valuation

  Residential

  $747,221

  Hospitality

  $684,451

  Educational

  $569,455

  Medical

  $589,039

  Retail

  $885,819

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6712

Longitude

-117.412

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].