1519 W Broadway Ave, Spokane, WA 99201
Office Units
- Added:
- Sep 5, 2024
- Days on Market:
- 670
- Last Refresh:
- May 12 at 9:29 pm
Property Features for 1519 W Broadway Ave
General Information
- Standard status
- Active
- Size
- 2,304 SF
- Lot size
- 0.15 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1900
Listing office Black Commercial, Inc. (509) 622-3563
Listing date Sep 5, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Black Commercial, Inc.
HighLights
- 2,304 SF ± Building Size
- Features 6 Private Offices
- 6,534 SF ± Site Size
- Includes a Conference Room
- Benefit from a Kitchenette
- Suitable for Law Office, Insurance Agency, or Financial Planner
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.1k | $22.20 |
| − Vacancy | −$7.2k | −$3.11 |
| EGI | $44.0k | $19.09 |
| − OpEx | −$11.0k | −$4.77 |
| NOI | $33.0k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.4348735
- Latitude
- 47.6641809
