Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    451 Francis Ave Spokane, WA 99208

    Sponsored
    For Sale
    $1,399,000

    Prime Spokane location, 59,422 sq ft lot, build-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 59,422 square foot commercial lot, located at 451 E Francis Ave in Spokane, Washington, is offered at $1,399,000 ($23.50/sq ft). The property boasts a highly visible location on Francis Avenue, providing excellent access and exposure. Its proximity to Division Street and Holy Family Hospital makes it ideal for a variety of commercial uses. The GC-70 zoning, per the city of Spokane, allows for diverse development options, including retail, office, medical, dental, hospitality, multifamily, or mixed-use projects. All utilities are available on-site. The lot is considered "build-ready," eliminating pre-development hurdles. Situated approximately eight minutes from downtown Spokane, this property offers a strategic location with convenient access to major thoroughfares and amenities. The APN is 36293.2402. This sizable lot presents a significant opportunity for developers and investors seeking a prime location in a thriving Spokane community. The property's size and zoning flexibility make it an attractive investment for a wide range of commercial ventures.

    Property Features for 451 Francis Ave

    General Information

    Property type
    Land

    HighLights

    • 59,422 square foot commercial lot in Spokane, WA.
    • Offered at $1,399,000 ($23.50/sq ft).
    • Highly visible location on Francis Ave, near Division St and Holy Family Hospital.
    • GC‑70 zoning allows for diverse development (retail, office, medical, etc.).
    • All utilities available, build‑ready site.
    • Eight minutes from downtown Spokane.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4039105
    Latitude
    47.7151652

    Nearby Similar for Sale

    • $399,900
      Pending

      Spokane Mixed-Use Property with Shop

      Live and work from home with shop and acreage.
      7318 N Julia St, Spokane, WA 99217
      View Details
    • $340,000
      2,234 SF

      Updated Commercial Property with GC-70 Zoning

      Updated property with GC-70 zoning, suitable for various uses.
      2012 N Ruby St, Spokane, WA 99207
      View Details
    • $675,000
      Pending

      Spokane Mixed-Use Commercial Landmark

      Historic mixed-use property with income potential in Spokane, Washington.
      5634 E Commerce Ave, Spokane, WA 99207
      View Details
    • $990,000
      8,020 SF

      Spokane Commercial Property For Sale

      Commercial property with showroom and easy freeway access in Spokane.
      3626 E Trent Ave, Spokane, WA 99202
      View Details
    • $700,000
      Pending

      Spokane Adult Family Home

      Well-established, income-producing adult family home in a peaceful neighborhood.
      4414 S Helena St, Spokane, WA 99223
      View Details
    • $675,000
      Pending

      Spokane Adult Family Home

      Well-established, income-producing adult family home in a peaceful neighborhood.
      2214 E 36Th Ave, Spokane, WA 99203
      View Details
    • $875,000
      0.44 Acres

      Mixed-Use Property in Spokane Valley

      Adaptable mixed-use property with office and warehouse space for sale.
      106 N Hutchinson Rd, Spokane, WA 99212
      View Details
    • New
      $699,900
      5,472 SF

      Spokane Office Building For Sale

      Centrally located office building with conversion potential.
      1915 N Division St, Spokane, WA 99207
      View Details
    • $1,299,000
      9,000 SF

      Spokane Commercial Opportunity

      9,000 SF Spokane commercial property on 1.89 acres.
      1611 W Geiger Blvd, Spokane, WA 99224
      View Details
    • $600,000
      0.14 Acres

      Spokane Multifamily Investment Opportunity

      Well-maintained 5-unit property in a desirable Spokane neighborhood.
      1619 N Madison St, Spokane, WA 99205
      View Details
    • $225,000
      0.03 Acres

      Garage Lodge Unit with Lift

      Automotive playground with lift, clubhouse, and business center access.
      1551 Deer Heights Rd, Spokane, WA 99224
      View Details
    • $680,000
      7,600 SF

      Spokane Industrial Building For Sale

      7,600 SF industrial building with upside potential in Spokane, WA.
      2911 E Boone Ave, Spokane, WA 99202
      View Details

    FAQs

    What type of property is this?
    Land - Prime Spokane location, 59,422 sq ft lot, build-ready.
    Where is this land located?
    The property is located at 451 Francis Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: 59,422 square foot commercial lot in Spokane, WA.; Offered at $1,399,000 ($23.50/sq ft).; Highly visible location on Francis Ave, near Division St and Holy Family Hospital.
    (509) 939-8828
    Request Owner's contact information
    451 Francis Ave Spokane, WA 99208
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    451 Francis Ave
    Spokane, WA 99208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    451 Francis Ave Spokane, WA 99208
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.