228 West Indiana Avenue, Spokane, WA 99205
Office space for sale on a busy Indiana Avenue corridor, offering a straightforward setup for professional users.
- Added:
- Jun 29, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 4 at 2:42 am
Property Features for 228 West Indiana Avenue
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1976
Listing office Clark Pacific
Listing date Jun 29, 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 Clark Pacific
HighLights
- Office space for sale on a busy Indiana Avenue corridor
- Built in 1976
Overview
The location is described as being on a busy Indiana Avenue, which can support high visibility for day-to-day business activity and customer or client access along a well-traveled corridor.
For tenants, buyers, and owner-users seeking a commercially zoned office environment with an address on a busy avenue, this space presents a practical option. It is positioned for organizations that want a dedicated office setting on an established urban thoroughfare, with the flexibility to tailor the interior layout to their specific business needs.
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 | $43.3k | $22.20 |
| − Vacancy | −$6.1k | −$3.11 |
| EGI | $37.2k | $19.09 |
| − OpEx | −$9.3k | −$4.77 |
| NOI | $27.9k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.415539
- Latitude
- 47.6752464