924 2Nd AveSpokane, WA 99201

Property Details for 924 2Nd Ave

Year built

1918

Lot size

0.16 AC

Property size (Sq ft)

7,100 SF

Property type

Office buildings

APN

35192.1912

APU

351921912

Description

This exceptional retail property, located at 924 & 930 W. 2nd Avenue in Spokane, Washington, offers a unique opportunity for businesses seeking a prominent downtown presence. The property encompasses a total of 10,629 square feet, currently entirely vacant and ready for immediate occupancy. The building, constructed in 1984, sits on a 0.32-acre lot and is zoned DTG (Downtown General), allowing for a wide range of commercial uses. Flexible space options are available, with a minimum divisible unit of 3,529 square feet and a maximum contiguous space of 7,100 square feet, catering to various business needs and expansion plans. Ample off-street parking is provided with approximately 10 parking stalls. The property's address is 924 W 2nd Ave, Spokane, WA 99201, and its Assessor's Parcel Numbers (APN) are 35192.1912 and 35192.1913. This location offers high visibility and accessibility within Spokane's vibrant downtown core, making it an ideal choice for businesses seeking a thriving commercial environment. The property is available for lease and presents a rare opportunity to establish a strong foothold in a desirable downtown Spokane location. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,070

  6.5%

  $1,289,600

  7%

  $1,197,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,513,790

  Geo Method

  $1,513,790

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,612,540

  Retail / Commercial

  $1,325,290

  Mixed-Use / Specialty

  $1,309,210

  Hospitality / Lodging

  $945,739

  Institutional / Educational

  $1,356,990

  Residential Income

  $1,587,680

  Multifamily

  $1,967,130

  Automotive / Energy

  $1,163,130

  Parking / Income-Based Land

  $412,602

  Restaurant / Food Service

  $656,694

  Healthcare / Senior Housing

  $1,354,210

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6548

Longitude

-117.426

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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