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2011 N Jefferson St 1,938 SF Retail Building Spokane, WA 99205 $250,000 ($129.00/SF) 10.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime corner lot on Northwest Blvd
  • Perfect for Office, retail, or multifamily redevelopment.
  • Zoned CB-55/Residential Commercial - Allows for commercial, residential, or mixed use.
  • Average Daily Traffic Count: 28,900

EXECUTIVE SUMMARY

High-visibility corner lot on Northwest Blvd Zoned CB-55/Residential Commercial – supports commercial, residential, or mixed-use redevelopment Strong potential for office, retail, or multifamily project Excellent exposure with 28,900 vehicles per day Potential investment opportunity with a cap rate of 10.75%

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
1,938 SF
Building Class
C
Year Built
1905
Price
$250,000
Price Per SF
$129.00
Cap Rate
10.75%
NOI
$26,876
Tenancy
Single
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.09 AC
Zoning
CB-55, Spokane - Commercial Business
Parking
4 Spaces (2.06 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
Safeway
Ymca
U.S. Bank
Washington Trust Bank
Anthony's At Spokane Falls
Heritage Bank
Dutch Bros
BECU

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35073.0907
Land Assessment
$60,000
Improvements Assessment
$202,300
Total Assessment
$262,300
  • Listing ID: 37170410

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 2011 N Jefferson St, Spokane, WA 99205

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