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    222 E Sprague Ave Spokane, WA 99202

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    For Sale
    $2,525,000

    18,720 SF free-standing building in Spokane's University District.

    Property size:
    18,720 SF

    Property Features for 222 E Sprague Ave

    General Information

    Size
    18,720 SF

    Building Details

    Year built
    1925

    Source: Andrew Keef Agent Andrew Keef

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

    Overview

    Spokane U-District Showroom and Warehouse

    Located in Spokane, WA, the U-District Showroom and Warehouse is situated in a vibrant neighborhood with retail and dining options, attracting foot traffic. The property is near Riverfront Park and the shopping district on Main Avenue. This 18,720 SF free-standing building features one spacious retail unit. It has four overhead doors: two 10' high doors, one 11' high door, and one 12' high door. Constructed in 1925, the property is zoned Downtown Urban (DTU) and is located in Spokane's University District. This location is suitable for a retail or free-standing building investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Building Supply Realty agency Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Auto Parts Store Nail Salon

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

    Similar Places Nearby

    Masonry Center Inc, The Tin Roof, Floormart, Kirishian Rugs, The Tin Roof | Forefront

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4072424
    Latitude
    47.6570656

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    FAQs

    What type of property is this?
    Showroom - 18,720 SF free-standing building in Spokane's University District.
    Where is this showroom located?
    The property is located at 222 E Sprague Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,525,000.
    What are key features of this property?
    This property features: - Prime location in Spokane's University District.; - 18,720 SF free-standing building.; - Zoned Downtown Urban (DTU).
    (509) 628-6678
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    222 E Sprague Ave 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
    222 E Sprague Ave Spokane, WA 99202
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