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    622 E 2Nd Ave Spokane, WA 99201

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    For Sale
    $979,569

    Investment opportunity: 7,368 SF building with long-term tenant.

    Property size:
    7,368 SF
    Lot size:
    0.33 Acres

    Property Features for 622 E 2Nd Ave

    General Information

    Size
    7,368 SF
    Lot size
    0.33 Acres

    Source: Kiemle Hagood Agent Casey Brazil

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

    Overview

    Versatile Spokane Office Building For Sale

    This investment property features a building with a total of approximately 7,368 square feet and includes an overhead door, offering versatility for a range of tenants. Situated on an approximately 0.33-acre lot, the property provides approximately 24 on-site parking stalls. The property is located on the periphery of Spokane’s Central Business District, providing access to downtown. Currently leased to a stable, long-term tenant, the property delivers consistent income. Its combination of manageable scale, flexibility of use, and strategic location makes this an appealing opportunity for investors seeking a secure, low-maintenance asset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recovery Cafe Community Center

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Law Firm Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon 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
    -117.4010259
    Latitude
    47.6544182

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    FAQs

    What type of property is this?
    Office building - Investment opportunity: 7,368 SF building with long-term tenant.
    Where is this office building located?
    The property is located at 622 E 2Nd Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $979,569.
    What are key features of this property?
    This property features: - Stable, long-term tenant providing consistent income.; - Strategic location on the periphery of Spokane’s Central Business District with easy access to downtown.; - Versatile building with an overhead door suitable for a range of tenants.
    (509) 838-6541
    Request Owner's contact information
    622 E 2Nd Ave Spokane, WA 99201
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    Spokane, WA 99201
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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
    622 E 2Nd Ave Spokane, WA 99201
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