Office Building with On-Site
For Sale
Contact for pricing
6607 E Broadway Ave, Spokane Valley, WA 99212
Ground-floor suite includes private offices, ADA-compliant restrooms, and additional second-floor space.
Property Size4,308 SF
Lot Size0.34 Acres
Price / SF$139.28
Days on Market383
Property Features for 6607 E Broadway Ave
General Information
Standard status
Active
Size
4,308 SF
Total Parking Spaces
17
Lot size
0.34 Acres
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Year Built
1962
Building Size
4,308 SF
Listing Agency:
Kiemle Hagood
(509) 838-6541
Listed By:
Jay Carson · License #84224
(509) 862-5454
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Oct 9
Last Checked: Oct 16 at 11:17AM
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 Kiemle Hagood
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Investment Insights
Based on property information with market context.
This office-use property totals approximately 4,308 SF on approximately 0.34 acres and was built in 1962. The ground-floor Suite 1 contains approximately 1,258 SF with three private offices and two ADA-compliant restrooms. An additional second-floor area of approximately 690 SF is available. The offering includes 17 on-site parking stalls and parcels 35132.13088 and 35132.1307.
The property is positioned at the I-90 and Broadway interchange in Spokane Valley, Washington, providing access from a major regional route and Broadway Avenue. Its office zoning supports the established office-oriented use; the ground-floor space may also accommodate retail use, excluding cannabis sales.
The property is positioned at the I-90 and Broadway interchange in Spokane Valley, Washington, providing access from a major regional route and Broadway Avenue. Its office zoning supports the established office-oriented use; the ground-floor space may also accommodate retail use, excluding cannabis sales.
Key Highlights
- Approximately 4,308 SF building on approximately 0.34 acres
- Approximately 1,258 SF ground‑floor Suite 1 with three private offices
- Two ADA‑compliant restrooms in the ground‑floor suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,139
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,780
$922.8K
Cap Rate 7%
$659,129
$659.1K
Cap Rate 9%
$512,656
$512.7K
Market Conditions
NOI Build-Up for 4,308 SF
Gross rent
$72.4K $16.80/SF
− Vacancy
−$10.9K −$2.52/SF
EGI
$61.5K $14.28/SF
− OpEx
−$15.4K −$3.57/SF
NOI
$46.1K $10.71/SF
Area
Spokane Valley, WA
Vacancy
15.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,780
Cap Rate 7%
$659,129
Cap Rate 9%
$512,656
Alternative Uses
Best Use
Office B
$659.1K
$576.7K – $769.0K
NOI $46,139 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$935.8K
$818.9K – $1.09M
NOI $65,509 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 99212, WA
21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value
Check the figures for this property
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 - Ground-floor suite includes private offices, ADA-compliant restrooms, and additional second-floor space.
Where is this office building located?
The property is located at 6607 E Broadway Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 4,308 SF building on approximately 0.34 acres; Approximately 1,258 SF ground‑floor Suite 1 with three private offices; Two ADA‑compliant restrooms in the ground‑floor suite
