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    172 S Division St Spokane, WA 99202

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    For Lease
    $25 SF/Yr ($7,018 /Mo)

    3,369 SF retail building with drive-thru for sale or lease.

    Property size:
    3,369 SF
    Lot size:
    3,369 SF

    Property Features for 172 S Division St

    General Information

    Size
    3,369 SF

    Building Details

    Year built
    2004

    Source: Jesse Clark Agent Jesse Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Drive-Thru

    This 3,369 square foot retail building is available for sale or lease. Situated on a 0.29-acre lot, the property features two suites. Suite A offers 1,907 square feet and includes a drive-thru. Suite B provides 707 square feet and formerly operated as a salon. The property is located on the corner of South Division Street and West 2nd Avenue. The lease rate is $25 per square foot NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    7 Day Studio Photography Studio Josh Peterson, Park ... Real Estate Agent Derek Nunez, Park ... Real Estate Agent

    Suggested Use

    Restaurant Dental Office Realty agency Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4117649
    Latitude
    47.654787

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    FAQs

    What type of property is this?
    Retail space - 3,369 SF retail building with drive-thru for sale or lease.
    Where is this retail space located?
    The property is located at 172 S Division St Spokane, WA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic corner location at S. Division St. and W. 2nd Ave.; - Features a drive-thru.; - Total building size: 3,369 SF.
    (509) 808-6244
    Request Owner's contact information
    172 S Division St Spokane, WA 99202
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    Spokane, WA 99202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    172 S Division St Spokane, WA 99202
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