Fenced Flex Building with Roll-Up
3002 E Bridgeport Ave, Spokane, WA 99207
For Sale
Contact for pricing
Versatile flex property with separate office areas, a kitchen, bathrooms, and upper-level living or workspace.
Property Size4,440 SF
Lot Size0.20 Acres
Price / SF$112.61
Days on Market101
Property Features for 3002 E Bridgeport Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Fenced Yard
Building Details
Buildings
Stories
Building Size
Construction
Listing Agency:
Cantu Commercial Properties
(509) 777-1111
Listed By:
Sam Morse · License #WA B9988
(509) 370-9166
Source:
Moodyscre
Added: Jul 30
Changed: Oct 26
Last Checked: Nov 6 at 9:26AM
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 Cantu Commercial Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,440 SF flex building sits on 8,750 SF of land and combines functional industrial features with office and living-oriented space. The approximately 3,200 SF main floor measures 40’ x 80’ and includes a private office, two bathrooms, a floor drain, exhaust fan, full poured walls, and front and rear roll-up doors measuring 14’ x 12’ and 8’ x 12’. The property is fully fenced and has an outside sprinkler system.
The 1,240 SF upper level provides two private offices, a kitchen, bathroom with shower, washer and dryer, an open living room or common area, and additional living quarters/office functionality. Zoned GC-70, the property is positioned one block west of Market and two blocks north of Euclid in Spokane, Washington.
The 1,240 SF upper level provides two private offices, a kitchen, bathroom with shower, washer and dryer, an open living room or common area, and additional living quarters/office functionality. Zoned GC-70, the property is positioned one block west of Market and two blocks north of Euclid in Spokane, Washington.
Key Highlights
- 4,440 SF building on 8,750 SF of land
- 3,200 SF main floor with 1,240 SF upstairs
- 14’ x 12’ front and 8’ x 12’ rear roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,003
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,060
$580.1K
Cap Rate 7%
$414,329
$414.3K
Cap Rate 9%
$322,256
$322.3K
Market Conditions
NOI Build-Up for 4,440 SF
Gross rent
$37.8K $8.52/SF
− Vacancy
−$3.7K −$0.83/SF
EGI
$34.1K $7.69/SF
− OpEx
−$5.1K −$1.15/SF
NOI
$29.0K $6.53/SF
Area
Spokane, WA
Vacancy
9.80%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,060
Cap Rate 7%
$414,329
Cap Rate 9%
$322,256
Alternative Uses
Best Use
Office B
$908.2K
$794.7K – $1.06M
NOI $63,576 @ 7.0% cap · market cap 12.72%
Second Best
Warehouse
$414.3K
$362.5K – $483.4K
NOI $29,003 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,186 @ 7.0% cap · market cap 16.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 99207, WA
32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Spokane, WA
Properties on Market for Flex space in Spokane
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Rachel's Catering Galore — 3314 N Crestline St, Spokane, WA 99207
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex property with separate office areas, a kitchen, bathrooms, and upper-level living or workspace.
Where is this flex space located?
The property is located at 3002 E Bridgeport Ave Spokane, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 4,440 SF building on 8,750 SF of land; 3,200 SF main floor with 1,240 SF upstairs; 14’ x 12’ front and 8’ x 12’ rear roll‑up doors
