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    Spokane Valley Commercial Office Space Title is generated by Realmo AI

    1210 N Argonne Rd, Spokane Valley, WA 99212

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    For Sale
    $995,000

    COMMERCIAL - Spokane Valley, WA

    Property size:
    5,456 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $182/SF
    Added:
    Dec 12, 2024
    Days on Market:
    570
    Last Refresh:
    Jul 5 at 1:06 pm

    Property Features for 1210 N Argonne Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Basement
    Partial, Partially Finished
    Standard status
    Active
    APN
    45172.0809
    Size
    5,456 SF
    Lot size
    0.58 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1976
    Building materials
    Wood Siding
    Roof type
    Composition

    We can help!

    Contact an agent
    Ken Lewis
    Ken Lewis

    Listing agent Ken Lewis License #12833

    Listing office First Look Real Estate 1003 E Trent Ave Ste 150, Spokane, WA

    Listing date Dec 12, 2024

    MLS# 202426417

    Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location suitable for medical or dental practice.
    • Large 5456 sq ft space with up to 20 private offices.
    • Flexible layout with 1 to 4 contractable or expandable spaces.
    • Ample parking with 20 spaces plus street parking.
    • Equipped with 4 restrooms.
    • Features 2 gas furnaces with A/C.

    Overview

    This 5456 square foot commercial property is located in Spokane Valley, WA. The property features between one and four contractable or expandable spaces. It contains four restrooms and is equipped with two gas furnaces with air conditioning. The layout includes up to 20 private offices. There are 20 parking spaces available, with additional street parking. The property is situated on a 0.58-acre lot. The property may be suitable for a dentist or doctor's office.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $111.3k $20.40
    − Vacancy −$9.5k −$1.73
    EGI $101.8k $18.67
    − OpEx −$40.7k −$7.47
    NOI $61.1k $11.20
    5,456 SF · lease $20.40/SF/yr · vacancy 8.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $872.9K
    $763.8K – $1.02M (±1% cap)
    NOI $61,105 @ 7.0% cap · market cap 6.14%
    Second Best
    Office B
    $834.8K
    $730.4K – $973.9K (±1% cap)
    NOI $58,434 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Office A
    $1.19M
    $1.04M – $1.38M (±1% cap)
    NOI $82,966 @ 7.0% cap · market cap 8.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.282277
    Latitude
    47.668056

    FAQs

    What type of property is this?
    Medical Office Space - 5456 SF commercial space with up to 20 private offices.
    Where is this medical office space located?
    The property is located at 1210 N Argonne Rd Spokane Valley, WA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Prime location suitable for medical or dental practice.; Large 5456 sq ft space with up to 20 private offices.; Flexible layout with 1 to 4 contractable or expandable spaces.
    More about this property
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