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    312 Sprague Ave Spokane, WA 99201

    Sponsored
    For Sale
    $475,000

    Prime Office Condo, 2,328 sq ft

    Property size:
    2,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,328-square-foot executive office condo is located in Spokane, Washington's vibrant downtown core, specifically within the historic Morgan Building. The beautifully renovated space boasts five private offices, a convenient kitchenette, and a dedicated conference room, providing ample space for a variety of business needs. Additional storage space is included, adding to the overall functionality of the property. The asking price is $475,000, translating to $204.04 per square foot. The property's APN is 35184.2913. This office condo offers a unique opportunity for businesses seeking a prestigious address and a well-appointed workspace. A significant advantage is the inclusion of all utilities and common area maintenance (CAM) within the monthly HOA dues of $750.79. Seller financing is available, making this an attractive investment opportunity. The property is situated at 312 W Sprague Ave, Spokane, WA 99201, in Spokane County. This is a rare chance to acquire a move-in ready, high-quality office space in a desirable downtown location.

    Property Features for 312 Sprague Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,328 SF

    HighLights

    • Downtown Spokane Office Condo For Sale or Lease
    • Beautifully renovated office condo in the historic Morgan Building
    • Five private offices, conference room, and kitchenette
    • Includes additional storage space
    • APN: 35184.2913
    • Seller financing available
    Property Profile Location Intelligence

    Current Use by Public Records

    Stocker Smith Luciani ... Attorney Staub Michael K Attorney

    Suggested Use

    Restaurant Building Supply Realty agency Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4167658
    Latitude
    47.6573523

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Condo, 2,328 sq ft
    Where is this office property / space located?
    The property is located at 312 Sprague Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Downtown Spokane Office Condo For Sale or Lease; Beautifully renovated office condo in the historic Morgan Building; Five private offices, conference room, and kitchenette
    (509) 344-4901
    Request Owner's contact information
    312 Sprague Ave Spokane, WA 99201
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    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
    312 Sprague Ave Spokane, WA 99201
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