Office and Retail
1718 West Broadway Avenue Spokane, WA 99201
1718 West Broadway Avenue, Spokane, WA, 99201
Contact for pricing
For Sale
Contact for pricing
Well-maintained building with ample onsite parking and visibility on Broadway Avenue for flexible office, retail, or professional use.
Property Size2,984 SF
Price / SF$199.40
Days on Market51
Property Features for 1718 West Broadway Avenue
General Information
- Standard status
- Active
- Size
- 2,984 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1986
Listing agency
Hawkins Edwards
Listed by
Kevin Edwards · License #WA
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 19 at 7:05AM
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
Investment Insights
Based on property information with market context.
This well-maintained commercial building offers a flexible setup suitable for office, retail, or professional services. The property is presented in a turnkey condition for owner-users and investors seeking a practical space that can support multiple commercial uses.
The building is located in the heart of Spokane near Kendall Yards. It features ample onsite parking and visibility along Broadway Avenue, supporting convenient customer and employee access.
From a tenant or buyer standpoint, the location and parking make it workable for a range of service and storefront concepts, while the property condition helps reduce initial occupancy friction. Whether you are evaluating space for your own operations or considering an acquisition with adaptable use, this building’s combination of visibility and onsite parking is a straightforward, marketable attribute.
The building is located in the heart of Spokane near Kendall Yards. It features ample onsite parking and visibility along Broadway Avenue, supporting convenient customer and employee access.
From a tenant or buyer standpoint, the location and parking make it workable for a range of service and storefront concepts, while the property condition helps reduce initial occupancy friction. Whether you are evaluating space for your own operations or considering an acquisition with adaptable use, this building’s combination of visibility and onsite parking is a straightforward, marketable attribute.
Key Highlights
- Built in 1986
- Well‑maintained building
- Ample onsite parking
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 | $66.2k | $22.20 |
| − Vacancy | −$9.3k | −$3.11 |
| EGI | $57.0k | $19.09 |
| − OpEx | −$14.2k | −$4.77 |
| NOI | $42.7k | $14.32 |
2,984 SF · lease $22.20/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$610.4K
$534.1K – $712.1K
NOI $42,728 @ 7.0% cap · market cap 7.18%
Second Best
Retail
$442.3K
$387.0K – $516.0K
NOI $30,962 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$769.9K
$673.6K – $898.2K
NOI $53,891 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Farmers Insurance - Brandon ...
Insurance Agency
Par Acceptance
Accounting Firm
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FAQs
What type of property is this?
Office building - Well-maintained building with ample onsite parking and visibility on Broadway Avenue for flexible office, retail, or professional use.
Where is this office building located?
The property is located at 1718 West Broadway Avenue 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: Built in 1986; Well‑maintained building; Ample onsite parking
