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    4230 Mission Ave Spokane, WA 99202

    Sponsored
    For Sale
    $995,000

    Prime Spokane industrial flex space. Recently renovated.

    Property size:
    7,199 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,199 square foot flex space, located at 4230 E Mission Ave in Spokane, WA 99202, presents a unique investment opportunity. Situated on a 11,237 square foot lot (APN 35151.0101), this single-building property boasts a convenient location on the border of Spokane and Spokane Valley. Originally constructed in 1951, the property underwent a comprehensive renovation in 2022, resulting in significant upgrades. These improvements include new LED warehouse lighting, updated office carpeting, a new storefront with siding and glass, and paved on-site parking. The property features a grade-level overhead door, providing easy access for loading and unloading. The permitted zoning is industrial, offering versatility for a range of uses. The asking price is $995,000, translating to $138.21 per square foot. This centrally located property offers a blend of office and warehouse space, making it ideal for businesses seeking a functional and updated workspace. Don't miss this chance to acquire a well-maintained and strategically positioned industrial flex space in a thriving Spokane location.

    Property Features for 4230 Mission Ave

    General Information

    Property type
    Flex space
    Square Feet
    7,199 SF

    Building Details

    Year Built/Renovated
    1951/2022
    Buildings
    1

    HighLights

    • $995,000 asking price for this 7,199 SF flex industrial building.
    • Located at 4230 E Mission Ave, Spokane, WA 99202 (APN 35151.0101).
    • Built in 1951, renovated in 2022, featuring one building on an 11,237 SF lot.
    • $138.21/SF price per square foot.
    • Features include paved parking, grade‑level overhead door, new LED lighting, new office carpet, and updated storefront.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.34717046137
    Latitude
    47.671810794447

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    FAQs

    What type of property is this?
    Flex space - Prime Spokane industrial flex space. Recently renovated.
    Where is this flex space located?
    The property is located at 4230 Mission Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for this 7,199 SF flex industrial building.; Located at 4230 E Mission Ave, Spokane, WA 99202 (APN 35151.0101).; Built in 1951, renovated in 2022, featuring one building on an 11,237 SF lot.
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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
    4230 Mission Ave Spokane, WA 99202
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