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    1408 Broadway Ave Spokane, WA 99201

    Sponsored
    For Sale
    $600,000

    Historic Spokane office building, 2,884 sq ft.

    Property size:
    2,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This charming 2-story, 2,884 square foot office building at 1408 W Broadway Ave in Spokane, WA, is available for sale at $600,000. Built in 1921, this property boasts a blend of creative and traditional office space, perfect for a variety of businesses. The building sits on approximately 6,000 square feet of land (APN 25131.4415) and is zoned CC1. Features include a second-floor private office, two shared bathrooms and a kitchen, and six covered parking spaces with additional street parking available. Tenants benefit from a full-service lease, with the landlord covering all utilities, taxes, phone, and internet. Shared amenities include a reception area and a conference room. This exceptional location is just two blocks from the courthouse and three blocks from the vibrant Kendall Yards neighborhood, offering excellent visibility and accessibility. The building offers approximately 186 square feet of leasable space. This is a unique opportunity to acquire a well-maintained, historically significant commercial property in a prime Spokane location.

    Property Features for 1408 Broadway Ave

    General Information

    Property type
    Office space
    Square Feet
    2,884 SF

    Building Details

    Year Built
    1921
    Buildings
    1
    Stories
    2

    HighLights

    • Second‑floor private office suite.
    • Two shared restrooms and kitchen.
    • Full‑service lease; landlord pays all utilities, taxes, phone, and internet.
    • Shared reception area and conference room.
    • Six covered parking spaces plus additional street parking.
    • Excellent location, two blocks from the courthouse and three blocks from the center of Kendall Yards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spokane Criminal Defense ... Attorney Law Office of Roger ... Attorney Stiley & Cikutovich PLLC Attorney Justice on Broadway Criminal Justice Attorney GORDON R. STOA, ... Attorney

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4330996
    Latitude
    47.6645684

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    FAQs

    What type of property is this?
    Office space - Historic Spokane office building, 2,884 sq ft.
    Where is this office space located?
    The property is located at 1408 Broadway Ave Spokane, 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: Second-floor private office suite.; Two shared restrooms and kitchen.; Full-service lease; landlord pays all utilities, taxes, phone, and internet.
    Request Owner's contact information
    1408 Broadway Ave Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1408 Broadway Ave Spokane, WA 99201
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