9505 Division StSpokane, WA 99218

Property Details for 9505 Division St

Year built

1981

Construction

STEEL FRAME

Lot size

0.65 AC

Property size (Sq ft)

8,590 SF

Property type

Office buildings

APN

36184.2210

APU

361842210

Description

This exceptional Spokane, WA office building presents a fantastic investment opportunity. Located at 9505 N Division St, 99218, this single-building property boasts a total of 8,590 square feet situated on a sizable ±28,242 square foot lot. The property is zoned Regional Commercial (RC) and features multiple tenancies, with four individual office spaces currently available, ranging from 108 to 192 square feet. The building benefits from recent upgrades, including fresh exterior paint, updated landscaping and lighting, and a newly installed security system. Interior improvements include new paint, energy-efficient LED lighting, and fresh carpeting. Convenient card access entry ensures security, and ample parking is provided for tenants and visitors. Prominent pylon signage offers excellent visibility for businesses. The property's APN is 36184.2210. This well-maintained building offers a blend of modern amenities and a prime location, making it an ideal investment for both individual entrepreneurs and larger organizations seeking flexible office space in a thriving Spokane community. The building's traditional office layout provides a classic and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,405,374

  6.5%

  $1,297,268

  7%

  $1,204,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,831,474

  Geo Method

  $1,831,474

• Alternative Use

  Use

  Valuation

  Residential

  $1,608,613

  Hospitality

  $1,473,481

  Educational

  $1,225,919

  Medical

  $1,268,080

  Retail

  $1,906,985

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7442

Longitude

-117.412

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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