3616 Division StSpokane, WA 99207

Property Details for 3616 Division St

Year built

1978

Construction

STEEL FRAME

Lot size

0.15 AC

Property size (Sq ft)

1,792 SF

Property type

Retail space

APN

35053.1310

APU

350531310

Description

This exceptional retail property, located at 3616 N Division St in Spokane, Washington, offers 1,792 square feet of space available for lease. Built in 1978, the single-tenant building sits on a sizable 6,603 square foot lot. The property is ideally situated for high visibility and accessibility, benefiting from an average daily traffic count of 47,500 vehicles on Division Street. This presents a significant opportunity for businesses seeking a well-established location with strong foot traffic. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's location in Spokane County, Washington, with a zip code of 99207, offers easy access to major transportation routes and a thriving local community. The property type is classified as retail, making it suitable for a wide range of businesses. This is a rare opportunity to secure a prominent retail space in a high-traffic area of Spokane. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Spokane market. Contact us today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $535,221

  6.5%

  $494,050

  7%

  $458,761

• Comparable approach

  Method

  Valuation

  Relative Method

  $962,822

  Geo Method

  $962,822

• Alternative Use

  Use

  Valuation

  Residential

  $416,750

  Hospitality

  $381,741

  Educational

  $317,604

  Medical

  $328,527

  Retail

  $494,050

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6912

Longitude

-117.411

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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