202 Spokane Falls BlvdSpokane, WA 99202

Property Details for 202 Spokane Falls Blvd

Year built

1929

Construction

CONCRETE

Lot size

0.32 AC

Property size (Sq ft)

6,800 SF

Property type

Retail properties

Property subtype

Banks

APN

35173.0401

APU

351730401

Description

This exceptional office space, located at 202 E Spokane Falls Blvd in Spokane, WA 99202, offers two available suites within the River Bank Building. The building is classified as a Class B Traditional Office building with multiple tenancies. The available spaces range in size from approximately 3,551 to 3,842 square feet, providing ample room for various business needs. The property's central downtown Spokane location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the city. The building's traditional office design provides a professional and functional workspace. With a total of 3,842 square feet currently vacant, this presents a significant opportunity for businesses looking to expand or establish a new office in a thriving urban environment. The precise layout and configuration of the available spaces can be provided upon request. This listing presents a rare chance to secure high-quality office space in a desirable location within Spokane's vibrant business district. Interested parties are encouraged to inquire for further details and scheduling a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,735,514

  6.5%

  $1,602,012

  7%

  $1,487,583

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,653,566

  Geo Method

  $3,653,566

• Alternative Use

  Use

  Valuation

  Residential

  $1,351,358

  Hospitality

  $1,237,836

  Educational

  $1,029,865

  Medical

  $1,065,284

  Retail

  $1,602,012

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6599

Longitude

-117.407

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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