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    1608-1624 W Rowan Ave Spokane, WA 99207

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    For Sale
    $5,850,000

    Retail property in Spokane's Northwest Corridor with high occupancy.

    Property size:
    31,841 SF
    Lot size:
    2.22 Acres

    Property Features for 1608-1624 W Rowan Ave

    General Information

    Size
    31,841 SF
    Lot size
    2.22 Acres

    Source: Kiemle Hagood Agent Casey Brazil

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

    Overview

    Spokane Retail Shopping Center

    The Ash & Rowan Shopping Center is a retail property located in Spokane's Northwest Corridor. Situated on over two acres, this professionally managed and well-maintained center hosts a diverse mix of national, regional, medical, and local tenants. The tenant mix offers a well-balanced selection of daily needs retailers, restaurants, and essential services. The property benefits from strong consumer traffic due to excellent visibility, consistent traffic flow, and multiple access points. Approximately 108 parking stalls are available. The property also features two prominent pylon signs. The Ash & Rowan Shopping Center has a long-standing history of high occupancy and stable rental income. The property contains 31,841 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Five Mile Shopping Center, Coinstar Kiosk - Bitcoin ATM, Coinstar Kiosk - Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Shadle Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4354278
    Latitude
    47.7085068

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    FAQs

    What type of property is this?
    Shopping center - Retail property in Spokane's Northwest Corridor with high occupancy.
    Where is this shopping center located?
    The property is located at 1608-1624 W Rowan Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $5,850,000.
    What are key features of this property?
    This property features: - High occupancy and stable rental income; - Located in Spokane’s thriving Northwest Corridor; - Excellent visibility and consistent traffic flow
    (509) 838-6541
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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
    1608-1624 W Rowan Ave Spokane, WA 99207
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