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    FOR SALE
    Commercial real estate

    1229 W Broadway Ave, Spokane, WA 99201

    0.17 ac lot
    Property ID
    US90-1352511
    Property summary
    AI-generated overview

    This exceptional 0.17-acre commercial lot presents a rare development opportunity in the heart of Spokane, Washington. Located at 1229 W Broadway Ave, this property boasts a highly desirable location directly across the street from the Spokane County Courthouse and just two blocks from the vibrant Kendall Yards neighborhood. Previously improved, the lot is ready for immediate development, with existing utilities readily accessible at the street. The corner lot configuration offers excellent visibility and accessibility, enhanced by existing curbs, sidewalks, and ample street parking on both sides. Zoned Community Business (CB), this site allows for a wide range of uses, including the construction of a building up to 150 feet in height. Importantly, the zoning also permits multi-family and residential development, opening up diverse possibilities for investors and developers. This prime location, combined with its flexible zoning and convenient infrastructure, makes this an unparalleled opportunity to build a thriving commercial or residential project in a rapidly growing area of Spokane. The asking price is $235,000. Don't miss this chance to acquire a highly sought-after property in a dynamic and expanding urban setting.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.17 ac (7,405 SF)
    UPID US90-1352511
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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