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    2922 W Hartson Ave Spokane, WA 99224

    For Sale
    $1,600,000

    21-unit motel near downtown Spokane with potential for growth.

    Property size:
    11,308 SF

    Property Features for 2922 W Hartson Ave

    General Information

    Size
    11,308 SF

    Building Details

    Year built
    1957

    Source: Stephen Pohl Agent Stephen Pohl

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

    Overview

    Spokane Motel Opportunity Near Downtown

    This motel property, situated on W Hartson Ave just east of S. Government Way, presents an opportunity for motel operators in the expanding Spokane, Eastern WA market. The property features three buildings totaling approximately 11,308 square feet, comprising 21 units. The motel benefits from its location approximately 3/4 of a mile from downtown Spokane and 4.25 miles, or a 5-minute drive, from the Spokane International Airport, with easy access from I-90. The property includes on-site central laundry facilities, covered guest parking, and a two-level motel structure equipped with an elevator. The motel has a good and steady occupancy rate and offers flexible pricing for nightly or extended stays. An iconic pylon landmark sign is present on the property, which is located near the Indian Canyon Golf Course. The land size for the motel is approximately 28,328 square feet, with adjacent parcels also included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shangri-La Motel Motel

    Suggested Use

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

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

    Similar Places Nearby

    Shangri-La Motel, West Wynn Motel, Boulevard Motel, Motel 6 Spokane, WA - West, Ascenda

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4551044
    Latitude
    47.6502772

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    FAQs

    What type of property is this?
    Motel - 21-unit motel near downtown Spokane with potential for growth.
    Where is this motel located?
    The property is located at 2922 W Hartson Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Excellent location: **Close proximity (3/4 mile) to Downtown Spokane and Spokane International Airport with easy I-90 access.**; - Opportunity to capitalize on the expanding Spokane Eastern WA market.; - **21 Units in three buildings totaling 11,308 SF ±.**
    (509) 290-9445
    Request Owner's contact information
    2922 W Hartson Ave Spokane, WA 99224
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    Spokane, WA 99224
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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

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    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
    2922 W Hartson Ave Spokane, WA 99224
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