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Flex Space with Attached Apartment
New
For Sale
$369,000

17 S Haven St, Spokane, WA 99202

Commercial Sale, Spokane, WA

Property Size2,078 SF
Lot Size0.16 Acres
Price / SF$177.57
Days on Market2

Property Features for 17 S Haven St

General Information

Property type Commercial Sale
Property subtype Other
Zoning CC2EC
Lot features Fencing
View Territorial
Middle school Chase
High school Ferris
Elementary school district Spokane Dist 81
Directions Access on Haven across from The Hive (Spokane Library)
Standard status Active
APN 35222.0707
Size 2,078 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 3160

Utilities

Heating system Electric (Heating), Baseboard, Ductless (Heating), Natural Gas
Cooling system Ductless

Amenities

bathroom
grade-level vehicle access
gated on-site parking
alley access
attached apartment/office

Building Details

Year built 1931
Floors in Building 1
Building materials Steel Frame
Roof type Metal
Listing Agency: Urban Settlements
Listed By: Lyndsey Connors
Added: Oct 9 Last Checked: Oct 10 at 7:06AM
MLS# 202625630

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.

Investment Insights

Based on property information with market context.

This flex property combines a 2,078-square-foot shop and attached apartment/office. The shop measures approximately 1,500 square feet and includes a bathroom and grade-level vehicle access; the attached suite adds 578 square feet. Gated on-site parking and alley access serve the property. The building was updated in 2026 and has a steel frame and metal roof. It was built in 1931 and is zoned CC2EC.

The property is in Spokane, with access to East Sprague Avenue, the Second/Third Avenue corridor, and I-90. The parcel encompasses 0.155 acres.

Key Highlights

  • 2,078 SF total, with an approximately 1,500 SF shop and 578 SF apartment/office
  • Grade‑level vehicle entry and a bathroom in the shop
  • Gated on‑site parking and alley access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,755
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,100 $595.1K
Cap Rate 7%
$425,071 $425.1K
Cap Rate 9%
$330,611 $330.6K
Market Conditions
NOI Build-Up for 2,078 SF
Gross rent
$46.1K $22.20/SF
− Vacancy
−$6.5K −$3.11/SF
EGI
$39.7K $19.09/SF
− OpEx
−$9.9K −$4.77/SF
NOI
$29.8K $14.32/SF
Area
Spokane, WA
Vacancy
14.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,100
Cap Rate 7%
$425,071
Cap Rate 9%
$330,611

Alternative Uses

Best Use
Office B
$425.1K
$371.9K – $495.9K (±1% cap)
NOI $29,755 @ 7.0% cap · market cap 8.06%
Second Best
Mixed Use
$354.6K
$310.2K – $413.7K (±1% cap)
NOI $24,819 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$536.1K
$469.1K – $625.5K (±1% cap)
NOI $37,529 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Pettywraps Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99202, WA

21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A shop with grade-level vehicle entry is paired with a separate apartment/office and gated parking.
Where is this flex space located?
The property is located at 17 S Haven St Spokane, WA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,078 SF total, with an approximately 1,500 SF shop and 578 SF apartment/office; Grade‑level vehicle entry and a bathroom in the shop; Gated on‑site parking and alley access
More about this property
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