104 Freya StSpokane, WA 99202

Property Details for 104 Freya St

Year built

1976

Construction

STEEL FRAME

Lot size

0.34 AC

Property size (Sq ft)

2,352 SF

Property type

Retail properties

Property subtype

Banks

APN

35222.1612

APU

352221612

Description

This exceptional commercial property, located at 104 S Freya St, Spokane, WA 99202, presents a unique investment opportunity. Situated in the Tapio Professional Center, this multi-tenant building offers a range of spaces ideal for restaurants and various professional offices. The property boasts a highly desirable location just off Interstate 90, between Thor and Freya Streets, providing convenient access for employees and customers alike. This strategic position within the Gateway to South Hill ensures high visibility and strong potential for business growth. The available space is highly flexible, with a minimum divisible unit of 170 square feet and a maximum contiguous space of 7,943 square feet. A total of 9 spaces are currently available, totaling 22,157 square feet of vacant space. This presents a rare opportunity to secure a prominent location in a thriving Spokane neighborhood, catering to a diverse range of business needs. The property's convenient access to Interstate 90 makes it an attractive option for businesses seeking easy commutes and accessibility for clients. This is an excellent opportunity to establish or expand your business in a prime Spokane location. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $600,284

  6.5%

  $554,108

  7%

  $514,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,263,704

  Geo Method

  $1,263,704

• Alternative Use

  Use

  Valuation

  Residential

  $467,411

  Hospitality

  $428,146

  Educational

  $356,212

  Medical

  $368,463

  Retail

  $554,108

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6559

Longitude

-117.358

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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