For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Level Office Building Title is generated by Realmo AI

    1320 North Atlantic Street, Spokane, WA 99201

    View on Map
    Claim this Listing
    New
    For Sale
    $595,000

    Two floors with separate secure access and restrooms on each level for flexible office operations.

    Type:Office
    Property size:
    3,000 SF
    Price / SF:
    $198/SF
    Added:
    Jun 25, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 3:56 am

    Property Features for 1320 North Atlantic Street

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    2000

    We can help!

    Contact an agent
    Matthew Byrd
    Matthew Byrd

    Listing office SVN Cornerstone LLC

    Listing date Jun 25, 2026

    Source Svncornerstone

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

    All listing content including descriptions, pricing, images are the copyrighted material of SVN Cornerstone LLC

    HighLights

    • 3,000 SF building on two levels (1,500 SF per floor)
    • Internal staircase provides access between levels
    • Each floor can be secured from the other for separate use
    • Men’s and women’s restrooms on each floor

    Overview

    This two-level office building totals 3,000 square feet, with approximately 1,500 square feet on each floor. Access between levels is provided by an internal staircase, and each floor can be secured from the other, supporting operational separation. Men’s and women’s restrooms are available on each level, adding convenience for occupants and visitors.

    The property is offered for sale as a commercial office asset in Spokane, WA. Its configuration supports a straightforward office layout across two floors, with the added benefit of internal connectivity while still allowing independent floor control.

    For tenants, investors, or owner-occupants, the ability to secure each floor separately can be useful for dividing space by department, accommodating different users, or managing access more independently. With restrooms on both levels and a compact two-floor footprint, the property is designed for practical day-to-day office use.

    Local Financial Insights For Office B

    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 $66.6k $22.20
    − Vacancy −$9.3k −$3.11
    EGI $57.3k $19.09
    − OpEx −$14.3k −$4.77
    NOI $43.0k $14.32
    3,000 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $613.7K
    $537.0K – $716.0K (±1% cap)
    NOI $42,957 @ 7.0% cap · market cap 7.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $774.0K
    $677.3K – $903.0K (±1% cap)
    NOI $54,180 @ 7.0% cap · market cap 9.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    GVI INSURANCE Insurance Agency GVI Corporation of Washington Vacation Rental Chimney Rock Mortgage Bank

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4124761
    Latitude
    47.6701508

    FAQs

    What type of property is this?
    Office building - Two floors with separate secure access and restrooms on each level for flexible office operations.
    Where is this office building located?
    The property is located at 1320 North Atlantic Street Spokane, WA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 3,000 SF building on two levels (1,500 SF per floor); Internal staircase provides access between levels; Each floor can be secured from the other for separate use
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message