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    3203-3223 E 57Th Ave Spokane, WA 99223

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    For Sale
    $4,950,000

    Prime location with strong demographics and future development potential.

    Property size:
    15,728 SF
    Lot size:
    2.15 Acres

    Property Features for 3203-3223 E 57Th Ave

    General Information

    Size
    15,728 SF
    Lot size
    2.15 Acres

    Source: Kiemle Hagood Agent Tim Kestell

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

    Overview

    Fully Leased Spokane Shopping Center

    This fully leased shopping center is available for purchase and is located on Spokane’s upper South Hill. The property is surrounded by a mix of housing, national, regional, and local retailers. The location benefits from strong demographics, including an average household income of $142,045 within a 2-mile radius. Situated along 57th Avenue, the property's location is considered appealing within Spokane County, with expectations for continued appeal due to upcoming commercial and residential developments, such as Home Depot on 45th and Regal and Mister Car Wash on 43rd and Regal. The property consists of two buildings, identified as Bldg A and Bldg B, along with land. The building sizes are 34032.5502 square feet and 34032.5501 square feet respectively. The property also includes vacant land. The mixed-use zoning supports higher intensity development and allows for a variety of commercial and residential uses such as retail, office, child daycare, convenience store and multifamily. The site is suitable for expanding the existing multi-tenant retail center or accommodating a single-tenant development. The total property size is 15728 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Regal Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.364025
    Latitude
    47.602743

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    FAQs

    What type of property is this?
    Shopping center - Prime location with strong demographics and future development potential.
    Where is this shopping center located?
    The property is located at 3203-3223 E 57Th Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Fully Leased Shopping Center providing immediate income.; - Strong Demographics with high average household income of $142,045 within a 2-mile radius.; - Prime Location on Spokane’s upper South Hill.
    (509) 755-7542
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    3203-3223 E 57Th Ave Spokane, WA 99223
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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
    3203-3223 E 57Th Ave Spokane, WA 99223
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