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9300 E Sprague Ave
Spokane Valley, WA 99206
Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1937/1995
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,500 SF
Building FAR
0.47
Lot Size
0.27 AC
Zoning
CMU - Commercial Mixed Use Zone.
Parking
16 Spaces (3.33 Spaces per 1,000 SF Leased)
About 9300 E SPRAGUE AVE , SPOKANE VALLEY, WA 99206
11 apartment units plus 2 underutilized commercial offices. All units are individually metered for heat and lights. Landlord provides domestic hot water. This is a high visibility, low maintenance property with ample off street parking. It has a very small yard and great access to all services along Sprague Avenue. All the residential units are efficient 1b/1ba units on the ground floor that are at below market rents. This is easily a 7% cap + building after modest rent increases. Roof new in 2010. See attached flyer for rents and expenses.
Property Taxes
| Parcel Number | 45202.0332 | Improvements Assessment | $1,062,120 |
| Land Assessment | $127,280 | Total Assessment | $1,189,400 |
Property Taxes
Parcel Number
45202.0332
Land Assessment
$127,280
Improvements Assessment
$1,062,120
Total Assessment
$1,189,400
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