Office Building with Upper-Level
New
For Sale
$250,000
16 E Crawford Ave, Deer Park, WA 99006
Commercial Sale, Deer Park, WA
Property Size1,800 SF
Lot Size0.18 Acres
Price / SF$138.89
Days on Market1
Property Features for 16 E Crawford Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Basement
Unfinished, Partial
Lot features
Treed, Level, City Bus (w/in 6 blks)
View
Territorial
Elementary school district
Deer Park
Directions
East 1/2 block on Crawford from intersection of Main and Crawford in Deer Park.
Standard status
Active
APN
28023.0110
Size
1,800 SF
Lot size
0.18 Acres
Additional Details
Property Use
Office
Utilities
Heating system
Hot Water(Heating), Forced Air, Natural Gas
Building Details
Year built
1895
Floors in Building
2
Building materials
Metal Siding
Roof type
Composition
Buildings
1
Listing Agency:
Ericks Realty
(509) 276-2121
Listed By:
Jeff Hickethier
(509) 714-0671
Added: Oct 28
Last Checked: Oct 28 at 4:06PM
MLS# 202626323
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.
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Investment Insights
Based on property information with market context.
This 1,800-square-foot office building occupies a 0.1756-acre parcel and was built in 1895. The main floor is arranged for office use, while the upper level contains two bedrooms. A bathroom is located downstairs. The building has metal siding and a composition roof, with natural-gas heating that includes forced-air and hot-water systems; the gas furnace and hot-water equipment are in the basement.
The property is on E Crawford Ave in Deer Park, across the street from NAPA. An easement provides access out the back.
The property is on E Crawford Ave in Deer Park, across the street from NAPA. An easement provides access out the back.
Key Highlights
- 1,800‑square‑foot office building on a 0.1756‑acre parcel
- Main floor configured for office use
- Two bedrooms on the upper level and a bathroom downstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,246
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,920
$424.9K
Cap Rate 7%
$303,514
$303.5K
Cap Rate 9%
$236,067
$236.1K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$36.1K $20.04/SF
− Vacancy
−$7.7K −$4.30/SF
EGI
$28.3K $15.74/SF
− OpEx
−$7.1K −$3.93/SF
NOI
$21.2K $11.80/SF
Area
Spokane County, WA
Vacancy
21.47%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,920
Cap Rate 7%
$303,514
Cap Rate 9%
$236,067
Alternative Uses
Best Use
Office B
$303.5K
$265.6K – $354.1K
NOI $21,246 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.9K
$363.9K – $485.3K
NOI $29,115 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 99006, WA
13,711
Population
5,287
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
94%
High-School Grad
164.1 sq mi
ZIP Area
84
Density / Sq Mi
$65,375
Median Household Income
$41,198
Median Earnings
$970
Median Rent
$366,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The main floor offers office space, with two bedrooms upstairs and a bathroom on the lower level.
Where is this office building located?
The property is located at 16 E Crawford Ave Deer Park, WA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,800‑square‑foot office building on a 0.1756‑acre parcel; Main floor configured for office use; Two bedrooms on the upper level and a bathroom downstairs
