This exceptional office property, the Auto Lofts, located at 152 S Jefferson St in Spokane, WA 99201, offers a unique blend of historic charm and modern functionality. Built in 1906, this 43,200 square foot building in Spokane County boasts a rich history and is currently configured to accommodate a variety of office needs. The building's adaptable layout allows for traditional office setups, executive suites, coworking spaces, and creative office environments. Currently, one space of 3,206 square feet is immediately available for lease. The building's multiple tenancy structure provides flexibility for businesses of all sizes. Its prime location in downtown Spokane offers easy access to local amenities, transportation, and a vibrant urban atmosphere. The Auto Lofts presents a rare opportunity to secure office space in a landmark building with a proven track record and significant potential. This property is ideal for businesses seeking a prestigious address and a unique workspace that blends historical character with modern convenience. Inquire today to learn more about this exceptional opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$968,897
6.5%
$894,366
7%
$830,483
Comparable approach
Method
Valuation
Relative Method
$1,049,850
Geo Method
$1,049,850
Alternative Use
Use
Valuation
Industrial / Distribution
$1,811,850
Retail / Commercial
$919,115
Mixed-Use / Specialty
$907,963
Hospitality / Lodging
$655,890
Institutional / Educational
$941,101
Residential Income
$1,101,090
Multifamily
$1,364,240
Automotive / Energy
$806,658
Parking / Income-Based Land
$286,148
Restaurant / Food Service
$455,431
Healthcare / Senior Housing
$939,175
Location Insight
City
Spokane
County
Spokane
State
Washington
Latitude
47.6552
Longitude
-117.43
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Jefferson St Spokane, WA 99201
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Jefferson St Spokane, WA 99201
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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