116 Nora AveSpokane, WA 99207

This exceptional 3,338 square foot commercial building, situated on a 0.02-acre lot in Spokane, WA (99207), presents a compelling investment opportunity. Originally constructed in 1932 and extensively renovated in 2019, the property boasts a desirable 6.93% cap rate and a strong net operating income (NOI) of $31,600. Currently vacant, this single-story building offers versatile space ideal for a variety of businesses. The layout includes a large open area perfect for retail or reception, four private offices, space for cubicles, a kitchen, and a dining area. Six parking spaces are available on-site, supplemented by ample street parking. The property features updated flooring, paint, and a new furnace. Zoned for commercial use, this building is conveniently located in a high-traffic area, making it an excellent choice for businesses seeking high visibility and accessibility. The asking price is $455,900, translating to $136.58 per square foot. The property's APN is 35083.2105. This is a rare opportunity to acquire a well-maintained, centrally located commercial property with significant upside potential.