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    314 Jackson Ave Spokane, WA 99207

    Sponsored
    For Sale
    $1,625,000

    12,115 SF Warehouse, Vacant, Prime Location

    Property size:
    12,115 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,115 square foot warehouse, situated on a 22,154 square foot lot at 314 E Jackson Ave, Spokane, WA 99207, presents a compelling investment opportunity. Built in 1929 and renovated in 2003, this single-story building boasts a prime location just off Division Street, offering easy access to downtown Spokane. The property includes approximately 1,500 square feet of office space, featuring a conference room, a bullpen/reception area, and a large private office. Loading is facilitated by one dock-high loading dock and a 14-foot roll-up door. The property benefits from high traffic counts on nearby Division Street and E. Jackson Avenue, estimated at 25,000 vehicles per day. The warehouse is currently vacant, providing immediate occupancy for a new tenant or owner-occupier. The property also features a fenced yard, adding to its functionality and security. APN: 35082.3002. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving Spokane neighborhood. The asking price is $1,625,000.

    Property Features for 314 Jackson Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    12,115 SF

    Building Details

    Year Built/Renovated
    1929/2003
    Stories
    1

    HighLights

    • $1,625,000 asking price for this Spokane, WA industrial warehouse.
    • 12,115 square feet of warehouse/office space, including approximately 1,500 square feet of office space.
    • Features a conference room, bullpen/reception area, and a large office.
    • Includes one dock‑high loading dock and a 14' roll‑up door.
    • Prime location just off Division Street, near downtown Spokane.
    • Situated on a 22,154 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.40629869811
    Latitude
    47.680827137631

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    FAQs

    What type of property is this?
    Distribution property - 12,115 SF Warehouse, Vacant, Prime Location
    Where is this distribution property located?
    The property is located at 314 Jackson Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: $1,625,000 asking price for this Spokane, WA industrial warehouse.; 12,115 square feet of warehouse/office space, including approximately 1,500 square feet of office space.; Features a conference room, bullpen/reception area, and a large office.
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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
    314 Jackson Ave Spokane, WA 99207
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