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1915 N Division St 4,440 SF Office Building Spokane, WA 99207 $699,900 ($157.64/SF) 7% Cap Rate
Investment Highlights
- Central to all of Spokane
- Medical lab setup
- Open concept
Executive Summary
Centrally located 4,440 sq ft office building. Currently operating as dental lab, Less than one mile North of Spokane Convention Center. Between Blades Hair Studio and Spokane Furniture Company Half a block north of Indiana. Open with tons of potential. Upstairs could possibly be converted to apartment. Hard to find this nice of an office building at this price. Owner is open to a leaseback but can vacate immediately if necessary.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
4,440 SF
Building Class
C
Year Built/Renovated
1948/2020
Price
$699,900
Price Per SF
$157.64
Cap Rate
7%
NOI
$48,993
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,220 SF
Building FAR
0.78
Lot Size
0.13 AC
Zoning
GC-70 - Business/Retail/Residential
Parking
7 Spaces (1.58 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dental Lab
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dental Lab | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - |
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 35074.3502 | Improvements Assessment | $225,000 |
| Land Assessment | $141,600 | Total Assessment | $366,600 |
Property Taxes
Parcel Number
35074.3502
Land Assessment
$141,600
Improvements Assessment
$225,000
Total Assessment
$366,600
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1915 N Division St
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