502 Riverside AveSpokane, WA 99201

Property Details for 502 Riverside Ave

Year built

1953

Lot size

0.21 AC

Property size (Sq ft)

8,230 SF

Property type

Office buildings

APN

35184.2417

APU

351842417

Description

Located at 502 W Riverside Ave in Spokane, Washington (zip code 99201), this exceptional commercial property offers a diverse range of office spaces ideal for various business needs. The building features multiple tenancies, catering to businesses of all sizes. Available spaces range from a compact 1,240 square feet to expansive 11,194 square feet, providing flexibility for businesses seeking smaller, efficient layouts or larger, collaborative work environments. The property's classification includes Creative Office, Traditional Office, Professional, Lab, and Production spaces, showcasing its adaptability to a wide array of industries and operational requirements. Situated in Spokane County, this location benefits from excellent access to the city's amenities and transportation networks. The exact total square footage of the building is currently unavailable. This prime Spokane Riverfront location presents a unique opportunity for businesses seeking a dynamic and versatile workspace. The property's diverse subtype classifications highlight its suitability for a broad spectrum of commercial uses. Inquire today to explore the available spaces and discover how this property can meet your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,428,899

  6.5%

  $1,318,984

  7%

  $1,224,771

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,754,718

  Geo Method

  $1,754,718

• Alternative Use

  Use

  Valuation

  Residential

  $1,635,540

  Hospitality

  $1,498,146

  Educational

  $1,246,440

  Medical

  $1,289,307

  Retail

  $1,938,906

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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