518 Riverside AveSpokane, WA 99201

Property Details for 518 Riverside Ave

Year built

1890

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

9,870 SF

Property type

Retail properties

Property subtype

Retail space

APN

35184.2408

APU

351842408

Description

This exceptional executive office space at 518 W Riverside Avenue in Spokane, Washington, offers a unique opportunity for businesses seeking flexible and modern workspace. Located in Spokane County (APN 35184.2408), this property boasts a total of 14,366 square feet, with 1,000 square feet currently vacant and immediately available for lease. The building accommodates multiple tenants, providing a collaborative and professional environment. Units are divisible down to a minimum of 100 square feet, allowing for customization to suit various business needs. The maximum contiguous space available is 1,000 square feet, ideal for smaller teams or expanding businesses. The property's address is 518 W Riverside Avenue, Spokane, WA 99201, offering convenient access to the city's amenities and transportation networks. This is a fantastic opportunity to secure a well-located, versatile office space in a thriving Spokane business district. The property is classified as an Executive Office, commercial, and is perfect for businesses seeking a prestigious address and flexible lease terms. Contact us today to schedule a viewing and discuss your specific requirements. This is a rare opportunity to secure office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,519,047

  6.5%

  $2,325,274

  7%

  $2,159,183

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,303,044

  Geo Method

  $5,303,044

• Alternative Use

  Use

  Valuation

  Residential

  $1,961,456

  Hospitality

  $1,796,683

  Educational

  $1,494,819

  Medical

  $1,546,228

  Retail

  $2,325,274

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6583

Longitude

-117.42

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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