126 Washington StSpokane, WA 99201

Property Details for 126 Washington St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.20 AC

Property size (Sq ft)

8,730 SF

Property type

Retail properties

Property subtype

Retail space

APN

35184.2205

APU

351842205

Description

This single-story, 7,590 square foot building at 126 N. Washington St., Spokane, WA 99201, offers a unique opportunity. Located in the CBD-1 zone, this property boasts a convenient location steps from Riverfront Park and adjacent to the Davenport Grand Hotel. The building, constructed in 1979, features one suite totaling 3,500 square feet currently available for lease. The space is adaptable and offers a mostly open floor plan, ideal for a variety of uses, including medical or creative office spaces. The property sits on 0.22 acres and includes 15 parking spaces. While there is no elevator, the single-story design provides easy accessibility. The address is 126 N Washington St, Spokane, WA 99201, with a cross street of Washington & Main. The property's APN is 35184.2205. Ample street parking is available, supplemented by a large paid parking lot directly adjacent to the building. This versatile space is ready for immediate occupancy by a new business. The minimum divisible space is 3,500 sq ft, and the maximum contiguous space is also 3,500 sq ft.

• CAP approach

  CAP return

  Valuation

  6%

  $2,228,093

  6.5%

  $2,056,701

  7%

  $1,909,794

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,690,534

  Geo Method

  $4,690,534

• Alternative Use

  Use

  Valuation

  Residential

  $1,734,904

  Hospitality

  $1,589,163

  Educational

  $1,322,165

  Medical

  $1,367,636

  Retail

  $2,056,701

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.6588

Longitude

-117.418

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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