3401 Division StSpokane, WA 99205

Property Details for 3401 Division St

Year built

1969

Construction

STEEL FRAME

Lot size

0.08 AC

Property size (Sq ft)

1,573 SF

Property type

Office properties

Property subtype

Office buildings

APN

35064.3212

APU

350643212

Description

This 1,573-square-foot storefront building, located at 3401 N Division St in Spokane, WA 99205, presents a compelling investment opportunity. Situated on a 0.08-acre lot, this property boasts a prime location just four blocks north of the Division-Ruby couplet, experiencing a high average daily traffic count of 44,500 vehicles. The building, constructed in 1969, is zoned GC-70 and offers excellent visibility thanks to pylon signage and an electronic display board. Four on-site parking spaces are available, supplemented by ample street parking. The property is currently vacant and available for purchase at $875,000 ($556.26/sq ft). Its strategic location places it amidst a thriving retail environment, surrounded by national and regional retailers such as AutoZone, Denny's, Fred's Appliance, Jack in the Box, Meineke, O'Reilly Auto Parts, Pounder's Jewelry, Staples, Starbucks, Super Supplements, Walgreens, and Yoke's. The densely populated area offers a significant customer base: 18,806 within 1 mile, 137,206 within 3 miles, and 225,543 within 5 miles. The property also offers building signage options. Showings are by appointment only.

• CAP approach

  CAP return

  Valuation

  6%

  $319,600

  6.5%

  $295,015

  7%

  $273,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $335,379

  Geo Method

  $335,379

• Alternative Use

  Use

  Valuation

  Residential

  $365,819

  Hospitality

  $335,088

  Educational

  $278,789

  Medical

  $288,377

  Retail

  $433,672

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6893

Longitude

-117.411

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].