221 Riverside AveSpokane, WA 99201

Property Details for 221 Riverside Ave

Year built

1896

Lot size

0.10 AC

Property size (Sq ft)

4,000 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

35184.1207

APU

351841207

Description

This exceptional mixed-use retail property, located at 221 W Riverside Ave in Spokane, WA 99201, offers three available spaces ranging from 805 to 3,296 square feet. Situated in Spokane County, this property presents a fantastic opportunity for businesses seeking high-visibility locations. The units boast attractive features including high ceilings and a large, open layout, ideal for a variety of retail concepts. The flexible space allows for customization to suit individual tenant needs. This prime location on Riverside Avenue ensures high foot traffic and excellent exposure to potential customers. The property's mixed-use zoning provides additional versatility and potential for expansion. Tenant improvement allowances are available, making this an even more attractive proposition for prospective tenants. The address is easily accessible, offering convenient access for both customers and employees. This is a rare opportunity to secure retail space in a vibrant and growing area of Spokane. Contact us today to schedule a viewing and explore the possibilities this property offers. Don't miss out on this chance to establish your business in a prime Spokane location. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,020,890

  6.5%

  $942,360

  7%

  $875,049

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,149,157

  Geo Method

  $2,149,157

• Alternative Use

  Use

  Valuation

  Residential

  $794,916

  Hospitality

  $728,139

  Educational

  $605,803

  Medical

  $626,638

  Retail

  $942,360

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6577

Longitude

-117.414

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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