Back to Search

Spokane Retail and Office Building

1325 N Division St, Spokane, WA 99202

View on Map

For Sale

Contact for pricing

Remodeled retail and office building in Spokane with rental income.

Type:Office, Retail

Property size:

15,153 SF

Lot size:

0.68 Acres

Price / SF:

$247/SF

HighLights

Turnkey investment opportunity with existing rental income.
Recent full remodel with first‑class finishes and new electrical, plumbing, and mechanical systems.
Centrally located retail and office building in Spokane, WA.
Recent appraisal at $3,875,000.
15,153 sq.ft. building on 29,620 sq.ft. of land.
Zoned GC‑150 with 31 parking spaces plus street parking.

We can help!

Contact an agent

Kevin Edwards

For Sale

Contact for pricing

Remodeled retail and office building in Spokane with rental income.

Type:Office, Retail

Property size:

15,153 SF

Lot size:

0.68 Acres

Price / SF:

$247/SF

Added:: Feb 19, 2026
Days on Market:: 128
Last Refresh:: Mar 17 at 1:16 pm

Property Features for 1325 N Division St

General Information

Standard status: Active
Size: 15,153 SF
Lot size: 0.68 Acres
Property subtype: Office, Retail

We can help!

Contact an agent

Kevin Edwards

Listing office Hawkins Edwards

Listing date Feb 19, 2026

Source Crexi

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 Hawkins Edwards

HighLights

Turnkey investment opportunity with existing rental income.
Recent full remodel with first‑class finishes and new electrical, plumbing, and mechanical systems.
Centrally located retail and office building in Spokane, WA.
Recent appraisal at $3,875,000.
15,153 sq.ft. building on 29,620 sq.ft. of land.
Zoned GC‑150 with 31 parking spaces plus street parking.

Overview

Located at 1325 N. Division St. in Spokane, WA, SINTO PLAZA is a retail and office building featuring a complete remodel. The 15,153 sq.ft. property is situated on a 29,620 sq.ft. lot and is divided into multiple suites. Available suites range from 2,711 to 5,432 sq.ft. The building has new electrical, plumbing, and mechanical systems. The property is zoned GC-150 in Spokane and includes 31 parking spaces, as well as street parking. The property has existing rental income and a current Net Operating Income (NOI).

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$336.4k	$22.20
− Vacancy	−$47.1k	−$3.11
EGI	$289.3k	$19.09
− OpEx	−$72.3k	−$4.77
NOI	$217.0k	$14.32

15,153 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.10M

$2.71M – $3.62M (±1% cap)

NOI $216,976 @ 7.0% cap · market cap 5.79%

Second Best

Retail

$2.25M

$1.97M – $2.62M (±1% cap)

NOI $157,229 @ 7.0% cap · market cap 4.19%

Theoretical Best

Office A

$3.91M

$3.42M – $4.56M (±1% cap)

NOI $273,663 @ 7.0% cap · market cap 7.30%

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

Property Profile Location Intelligence

Current Use by Public Records

Apex Cannabis (Bike/Boat/Book/etc) Store Apex Cannagear Hardware & Home Improvement Declan dve Restaurant

Suggested Use

Similar Places Nearby

River Park Square — 808 W Main Ave, Spokane, WA 99201
Omache Shopping Center — 107 s howard st, spokane, wa 99201
The Flour Mill — 621 W Mallon Ave, Spokane, WA 99201

Location Insight

Map
Local Demand

City: Spokane
County: Spokane
State: Washington
Longitude: -117.4113822
Latitude: 47.6704482

Nearby Similar for Sale

$990,000

8,020 SF

Spokane Commercial Property For Sale

Commercial property with showroom and easy freeway access in Spokane.

3626 E Trent Ave, Spokane, WA 99202

View Details
$650,000

2,835 SF

Newer Duplex with Attached Garage

Built in 2022 and fully rented duplex with quality finishes, gas ranges, and an attached 2-car garage.

114 W GRAVES Rd, Spokane, WA 99218

View Details
$1,790,000

7,950 SF

Spokane 10-Unit Apartment Building

Turn-key 10-unit apartment building near NorthTown Mall.

6511 N Atlantic St, Spokane, WA 99208

View Details
$524,999

2,925 SF

Turnkey Fourplex with Updated Exterior

Four 1-bedroom, 1-bath units in a maintained Spokane South Hill fourplex with recent exterior updates.

1815 W 10th Ave, Spokane, WA 99204

View Details
$659,900

3,080 SF

Spokane Duplex: Investment Opportunity

Rental duplex in prime location near dining and groceries.

6027 N Smith St, Spokane, WA 99208

View Details
$1,149,999

4,100 SF

Renovated Multifamily Property

Completely renovated income property with multiple residences and outdoor gathering spaces, offered with no HOA fees.

1848 W Bridge Ave, Spokane, WA 99201

View Details
$669,950

3,000 SF

New Duplex Near University District

New construction duplex, ideal for investors or owner-occupants.

420 E Euclid Ave, Spokane, WA 99207

View Details
$679,500

3,000 SF

New Duplex Near Downtown Spokane

Turn-key duplex with high occupancy potential near downtown Spokane.

917 E Providence Ave, Spokane, WA 99207

View Details
$1,490,000

14,896 SF

Industrial Warehouse with Office

Brick-and-cinder block warehouse with office space, multiple roll-up doors, and a loading dock for logistics or light production.

3303 E Ferry Ave, Spokane, WA 99202

View Details
$677,500

3,950 SF

Ranch Triplex with Detached Garages

Triplex with three separate units, in-unit laundry hookups, and two detached 2-bay garages for additional income or storage.

828/820 W 11th Ave, Spokane, WA 99204

View Details
$529,900

2,731 SF

2016-Built Duplex Townhouse Units

Well-maintained 2016 duplex with two townhouse-style units, each offering 3 bedrooms, 2.5 baths, and an attached 1-car garage.

5119 E BUCKEYE Ave, Spokane, WA 99217

View Details
$675,000

13,386 SF

South Hill Adult Family Home

Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

2214 E 36th Ave, Spokane, WA 99203

View Details

For sale
Shopping centers
WA
Spokane
99202
1325 N Division St

What type of property is this?

Shopping center - Remodeled retail and office building in Spokane with rental income.

Where is this shopping center located?

The property is located at 1325 N Division St Spokane, WA.

What is the asking price?

The asking price for this property is $3,750,000.

What are key features of this property?

This property features: Turnkey investment opportunity with existing rental income.; Recent full remodel with first‑class finishes and new electrical, plumbing, and mechanical systems.; Centrally located retail and office building in Spokane, WA.