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    5903 N Division St Spokane, WA 99208

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    For Sale
    $2,480,000

    High-visibility retail building in Spokane's thriving North Hill neighborhood.

    Property size:
    4,802 SF
    Lot size:
    0.70 Acres

    Property Features for 5903 N Division St

    General Information

    Size
    4,802 SF
    Lot size
    0.70 Acres

    Source: Marcus & Millichap, Inc. Agent Clayton Brown

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

    Overview

    Freestanding Retail Building on Division

    This is a 4,011 square foot freestanding retail building constructed in 2013. It is located on a high-traffic commercial corridor in Spokane. The property features modern infrastructure and ample surface parking, approximately 5 spaces per 1,000 square feet. The building is surrounded by a mix of national retailers, medical offices, and restaurants. It benefits from strong foot traffic and consistent consumer demand in the North Hill neighborhood. The site is positioned along US-395/Division Street, a major north-south arterial, providing direct access to downtown Spokane and is less than 20 minutes from Spokane International Airport. Its central location allows tenants to effectively service the entirety of North Spokane, making it an ideal hub for retail operations. Over 135,000 residents are projected within a 3-mile radius by 2029. The property size is 4,802 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store Sleep Number Mattress Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4115325
    Latitude
    47.711781

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail building in Spokane's thriving North Hill neighborhood.
    Where is this retail space located?
    The property is located at 5903 N Division St Spokane, WA.
    What is the asking price?
    The asking price for this property is $2,480,000.
    What are key features of this property?
    This property features: - High-traffic location on Division Street (US-395) with excellent visibility.; - Freestanding 4,011 SF retail building constructed in 2013 with modern infrastructure.; - Ample surface parking (approx. 5/1,000 SF).
    (206) 826-5700
    Request Owner's contact information
    5903 N Division St Spokane, WA 99208
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    Spokane, WA 99208
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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
    5903 N Division St Spokane, WA 99208
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